The Freiburg School is a school of economic thought founded in the 1930s at the University of Freiburg.
It builds somewhat on the earlier Historical school of economics but stresses that only some forms of competition are good, while others may require oversight. This is considered a lawful and legitimate role of government in a democracy in the Freiburg School. The School provided the economic theoretical elements of Ordoliberalism and the Social Market Economy in post-war Germany.
Read more about Freiburg School: Adherents
Famous quotes containing the word school:
“Mary had a little lamb,
Its fleece was white as snow,
And every where that Mary went
The lamb was sure to go;
He followed her to school one day—
That was against the rule,
It made the children laugh and play,
To see a lamb at school.”
—Sarah Josepha Buell Hale (1788–1879)