Wilhelm Röpke

(redirected from Wilhelm Ropke)

Röpke, Wilhelm

 

Born Oct. 10, 1899, in Schwarmstedt, Germany; died Feb. 12, 1966, in Geneva. Swiss economist.

Röpke received his higher education at the universities of Göttingen, Tübingen, and Marburg. From 1922 to 1929 he taught at the universities of Marburg, Jena, and Graz and from 1930 to 1932 was in governnment service. He was a professor at the University of Istanbul from 1933 to 1937 and a professor at an institute of international studies in Geneva from 1937 to 1966. In the early 1930’s he joined the advocates of the theories of regulated capitalism in calling on the bourgeois state to play an active role in economic life. In the late 1930’s he moved to a position of neoliberalism.

Röpke was one of the founders of the theory of the social market economy. He devoted a great deal of attention to questions of international economic and currency-credit relations, market conditions, and economic crises. He proposed removing quantitative and currency restrictions on trade between nonsocialist countries and supported freedom of currency convertibility and the elimination of regional economic blocs. A militant apologist for capitalism and an ardent foe of socialism, Röpke recommended that the bourgeois governments follow a discriminatory trade policy in relation to the socialist countries, particularly the USSR.

WORKS

Die Konjunktur. Jena, 1922.
Die Theorie der Kapitalbildung. Tübingen, 1929.
Civitas Humana. Erlenbach-Zürich, 1944.
Internationale Ordnung. Erlenbach-Zürich, 1945.
Explication économique du monde moderne. Paris, 1946.
1st die deutsche Wirtschaftspolitik richtig? Stuttgart-Cologne, 1950.

N. P. DRACHEVA

References in periodicals archive ?
So, on the one hand, he borrows liberally from the ideas of Aristotle, the Scottish philosophers Adam Ferguson and David Hume, American radical individualist Albert Jay Nock, and the German free-market social thinker Wilhelm Ropke.
Wilhelm Ropke (October 10, 1899 - February 12, 1966) was a professor of economics, first in Jena, then in Graz, Marburg, Istanbul, and finally Geneva, Switzerland.
3) Wilhelm Ropke, Welfare, Freedom, and Inflation (1964), is an outstanding analysis of the moral effects of inflation.
Sigmund, Wilhelm Ropke, and Russell Kirk of a society separated from both the land and traditional family models.
13) Economist Wilhelm Ropke held views similar to Orton's with respect to the need for liberalism to recover its Christian humanism.
The founding ordo-liberal thinkers were Walter Eucken (1891-1950), Alexander Rustow (1885-1963), Wilhelm Ropke (1899-1966) and Alfred Muller-Armack (1901-78).
Wilhelm Ropke, A Humane Economy (Chicago: Henry Regnery, 1960), 118-19.
Julius Nyerere, the first President of Tanzania, and economists Thomas Sowell and Wilhelm Ropke.
It would have been more enlightening had he chosen broadly promarket revivers of classical political economy such as the social market theorists Walter Eucken or Wilhelm Ropke or the contemporary Italian economist, Luigino Bruni.
One economist willing to do so, however, was Wilhelm Ropke (1899-1966).
Germany, under the influence of Ordoliberals like Wilhelm Ropke and Alexander Rustow, rejected top-down planning in favor of corporatist consultation and a "social market economy.
Nicholls traces the post-1929 efforts of certain individuals, including Walter Eucken, Wilhelm Ropke, Alexander Rustow, Alfred Muller-Armack, and Ludwig Erhard, to bolster the intellectual respectability of market economies.