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The German Social Market Economy Print E-mail
Written by Konrad Zweig (1980)   
Sunday, 23 November 1980

Synopsis: In tracing the history of the leading ideas of the Social Market Economy in Germany to their various intellectual roots, Konrad Zweig offers some pertinent insights into the fundamentals of German economic thinking and policies, little known in the English–speaking world. In his foreword to this work, Professor Christian Watrin of the University of Cologne comments: "I see great merit in Dr. Konrad Zweig's essay in clarifying and describing the leading ideas of the German position to an English–speaking public. His paper shows a profound knowledge of the historical roots, but at the same time, his aim is to show the compatibility of a competitive market and social protection.

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The Suffolk Bank Print E-mail
Written by George Trivioli (1979)   
Friday, 23 November 1979

A lucid account of the Suffolk Bank system which operated in Massachusetts between 1825 and 1858. Dr Trivioli shows that during this period a free enterprise central bank and clearing system operated with great success, bringing stability to a stuation where competing banks issued their own notes.

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"There is no art which one government sooner learns of another than that of draining money from the pockets of the people."

The Wealth of Nations, Book V Chapter II Pt II

 

"What improves the circumstances of the greater part can never be regarded as an inconveniency to the whole. No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable."

The Wealth of Nations, Book I Chapter VIII


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