Adam Smith Institute

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The German Social Market Economy

In tracing the history of the leading ideas of the Social Market Economy in Germany to their various intellectual roots, Konrad Zweig offers some pertinent insights into the fundamentals of German economic thinking and policies, little known in the English–speaking world. In his foreword to this work, Professor Christian Watrin of the University of Cologne comments: "I see great merit in Dr. Konrad Zweig's essay in clarifying and describing the leading ideas of the German position to an English–speaking public. His paper shows a profound knowledge of the historical roots, but at the same time, his aim is to show the compatibility of a competitive market and social protection.

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