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The Birth of Austerity

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The Birth of Austerity Synopsis

Ordoliberalism and the 'Freiburg School' have gained traction in contemporary political economy in response to two factors: a rising interest in governmentality studies and the banking, financial and sovereign debt crisis in Europe. In the face of these crises, Germany has assumed a position of quasi-hegemony in the European Union, making decisions about bailouts, the politics of crisis management and the rise of austerity. This volume gathers together English translations of seminal ordoliberal texts by thinkers ranging from Walter Eucken and Wilhelm Röpke to Franz Böhm, Alexander Rüstow and Hans Grossmann-Doerth. Offering some foundational insights into ordoliberalism, these essays give insight into a field that is much misunderstood outside Germany. The second half of the book comprises of analyses of contemporary issues in light of ordoliberal thought, showing how its ideas endure and relate directly to austerity policy across Europe.

About This Edition

ISBN: 9781786601100
Publication date: 1st September 2017
Author: Thomas Biebricher
Publisher: Rowman & Littlefield International
Format: Hardback
Pagination: 278 pages
Genres: Political science and theory
Political economy