Economic Ideas, Policy and National Culture

Eelke de Jong is Professor in International Economics at the Radboud University, Nijmegen, The Netherlands.

• Part I: Setting the Stage Chapter 1. Introduction and Motivation Chapter 2. National Culture in the Three Types of Market Economies Part II: Economic Ideas Chapter 3 The Morality of the Market Process and the Normative Implications of Catallactic Competition Chapter 4. Markets, Morality, and Human Flourishing in the Ordoliberal Tradition Chapter 5. The Market in the Hierarchical Market Tradition: The Case of Post-war French Economic Thought Part III: Policy Chapter 6. Three Varieties of Labour Markets: Three Varieties of Human Flourishing? Chapter 7. Do National Financial Systems Still Reflect National Values?: The Case of the United States, Germany, and France Chapter 8. Competition Policy within the Free, Hierarchical and Coordinated Market Tradition Chapter 9. Central Bank Independence and Monetary Policy in the US, Germany and France: Have they converged? Part IV: Concluding Remarks Chapter 10. Conclusions and Discussion

"This unique book offers a comparative analysis of three market economics – the United States, Germany and France – providing valuable insights into how economic ideas, embedded in national cultures, shape policy-making. It is mandatory reading for anyone trying to understand why markets and welfare arrangements take different forms." - Niclas Berggren, Research Institute of Industrial Economics (IFN) and Prague University of Business and Economics"This book is a must read for scholars interested in comparative analysis of economic systems in Western countries and their roots in economic ideas and culture. It provides a unique and thorough analysis of the free market traditions in US, Germany and France, and how they work out in economic policies and practices." - Johan J. Graafland, Tilburg University, The Netherlands"This book relates the economic system of Western societies to their cultural background in an innovative, fresh way. It’s central thesis—that cultural differences are reflected in the dominant economic theories in France, Germany and the USA—is thought-provoking and sheds new light on the evolution of schools of economics. This book is of interest to both scholars of cultural economics and historians of economic thought."- Robbert K.J. Maseland, University of Groningen, The Netherlands