ABSTRACT
After the end of the Second World War Germany faced the task, unique in its history, of creating a new economic order, an order which not only broke with the National Socialist war economy but also took account of the negative experience of the Weimar Republic and especially the disastrous effects of hyperinflation and the world economic crisis. This explains why conceptual ideas had a far greater influence on the economic system of the Federal Republic of Germany than on the economic systems of other countries.
