Institutional Economics in France and Germany: German Ordoliberalism versus the French Regulation School (Ethical Economy)

German Ordoliberalism and French Regulation theory, two institutionalist theories born in different national contexts, show striking convergences and complementarities. Based on an original comparison, Institutional Economics in France and Germany analyses the basic concepts, the development and the present relevance of both schools, the way they deal with the crucial methodological issue of complexity and with transformation in post-socialist Europe. It underlines the specificity and fruitfulness of these European approaches to institutional economics, often unfortunately ignored in the English-language literature. Written by leading scholars, this book is a clear presentation of both theories, with numerous illustrations and in-depth analysis of recent research developments. This theoretical, methodological and thematic comparison raises central issues in the growing field of socioeconomic and institutionalist theory. Front Matter....Pages I-XI Introduction....Pages 1-9 Front Matter....Pages 11-11 Birth and Growth of the Regulation School in the French Intellectual Context (1970–1986)....Pages 13-48 The Regulation Approach as a Theory of Capitalism: A New Derivation....Pages 49-92 German Contemporary Analyses of Economic Order: Standard Ordnungstheorie, Ordoliberalism and Ordnungsökonomik in Perspective....Pages 93-128 A Systemic Perception of Eucken’s Foundations of Economics....Pages 129-156 Front Matter....Pages 157-157 The Evolution of Ordoliberalism in the Light of the Ordo Yearbook: A Bibliometric Analysis....Pages 159-182 Hayek and Eucken on State and Market Economy....Pages 183-199 The Present Relevance of Ordnungstheorie for the Politics and the Economics of the Social Order....Pages 200-243 Front Matter....Pages 245-245 Ordnungstheorie and Theory of Regulation Compared from the Standpoint of Complexity....Pages 247-271 How to Research Complex Systems: A Methodological Comparison of Ordoliberalism and Regulation Theory....Pages 272-301 Front Matter....Pages 303-303 Regulation Theory and Post-Socialist Transformation....Pages 305-333 The Contribution of Neoliberal Ordnungstheorie to Transformation Policy....Pages 334-348 Ordnungstheorie and Theory of Regulation: How Productive Are They? A Virtual Panel Discussion....Pages 349-370 Back Matter....Pages 371-386 From the contents: Preface Introduction Part A: The German Ordoliberalism and the French Regulation School in their National Contexts Part B: Evolution and Present Relevance of Ordoliberalism Part C: The Methodological Foundations Compared: The Issue of Complexity Part D: Approaches to Transformation List of Authors List of Illustrations Index of Names Index of Subjects.