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- W4366543643 abstract "Abstract This chapter traces the rise of a novel approach to market governance among West German economists during the 1970s and 1980s. While the groundwork for this was laid by American economists, West Germans were the ones who combined different schools of thought into a new paradigm that aimed to use the state to guide markets in an ecological direction. These economists defy easy categorization, and complicate the conventional distinctions between Keynesianism, neoliberalism, and Ordoliberalism. They were critical of markets, but they simultaneously condemned Keynesianism for exalting quantitative growth. As they worked to reinsert energy and nature into a profession that had focused almost exclusively on capital and labor, they carved out new policy arenas that fused the powers of the market with the strengths of the state. By trying to actively restructure the economy and reshape consumer behavior through pollution taxes and ecological investment programs, these experts crafted many of the policy instruments that West German politicians would embrace in the 1990s." @default.
- W4366543643 created "2023-04-22" @default.
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- W4366543643 date "2023-06-25" @default.
- W4366543643 modified "2023-09-23" @default.
- W4366543643 title "Reinventing Energy Economics after the Oil Shock" @default.
- W4366543643 doi "https://doi.org/10.1093/oso/9780197667712.003.0008" @default.
- W4366543643 hasPublicationYear "2023" @default.
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