Alexander Rüstow
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Alexander Rüstow was a German sociologist and economist. At the Colloque Walter Lippmann in August 1938 he popularised the term "neoliberalism". He became one of the fathers of the "Social Market Econ
Rüstow c. 1960
Ordoliberalism
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Ordoliberalism is the German variant of economic liberalism that emphasizes the need for government to ensure that the free market produces results close to its theoretical potential.
Alexander Rüstow
…He died in 1963 at age 78 in Heidelberg. Together with Walter Eucken, Wilhelm Röpke and Franz Böhm, Rüstow provided the necessary foundational work of Ordoliberalism. Der Lügner. Theorie, Geschichte und Auflösung des Russellschen Paradoxons, 1910 (thesis…
Ludwig Erhard (right) with Konrad Adenauer in 1956, while Erhard was Minister of Economics