Wilhelm Röpke
Wilhelm Röpke | |
|---|---|
| Born | 10 October 1899 |
| Died | 12 February 1966 (aged 66) |
| Academic background | |
| Education | University of Marburg |
| Influences | Smith · Böhm-Bawerk · Hayek · Mises · Rüstow · Strigl |
| Academic work | |
| Discipline | |
| School or tradition | Ordoliberalism Conservatism |
| Institutions | University of Marburg, Istanbul University, Geneva Graduate Institute |
| Notable ideas | Theoretical foundation of the German economic miracle |
Wilhelm Röpke (German: [ˈʁœpkə]; 10 October 1899 – 12 February 1966) was a German economist and social critic, one of the spiritual fathers of the social market economy. A professor of economics, first in Jena, then in Graz, Marburg, Istanbul, and finally Geneva, Röpke theorised and collaborated to organise the post-World War II economic re-awakening of the war-wrecked German economy, deploying a program referred to as ordoliberalism, a more conservative variant of German liberalism.
With Alfred Müller-Armack and Alexander Rüstow (sociological neoliberalism) and Walter Eucken and Franz Böhm (ordoliberalism) he elucidated the ideas, which then were introduced formally by Germany's post-World War II Minister for Economics Ludwig Erhard, operating under Konrad Adenauer's Chancellorship. Röpke and his colleagues' economic influence therefore is considered largely responsible for enabling Germany's post-World War II "economic miracle". Röpke was also a historian and was nominated to the Nobel Prize in Literature in 1965.