Question

Discuss by comparing J.M. Keynes with Ordoliberal market analysis.

Discuss by comparing J.M. Keynes with Ordoliberal market analysis.

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Answer #1

Ordoliberalism :

this concept by Ludwig Erhard ,is rise after world war 2 to make Germany economy better economic liberalism is known as ordoliberalism in Germany . According to this state is provider of suitable legal framework for better function of market economy and state is play important role insuring market competition and prevent corrupt practices.

J. M. Keynes:  theory says about increase demand to boost economy growth . If any economy has enough demad then it will be flourishing economy and consider demand prime force of economy.

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