Walter Eucken was a valuable friend for me. In the late 1930s, before — Walter Eucken

"Walter Eucken was a valuable friend for me. In the late 1930s, before the outbreak of the war, when I first acquired a car and made the trip from London to Austria by automobile, I regularly made a stopover in Freiburg just to visit Eucken and to keep in touch with him. Although Eucken had little time left in which to take part in our efforts to defend liberalism, our contacts later had an important consequence."

Walter Eucken

Walter Eucken

Walter Eucken

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Walter Eucken was a German economist of the Freiburg school and father of ordoliberalism. Ordoliberalism was based on the concept of social market economy balancing free markets with regulatory oversight. The Walter Eucken Institut was founded four years after his death and his ideas influenced West Germany’s economic policy.