Wilhelm Röpke is one of the most important 20th century economists that almost no Americans know anything about. To really learn about the man whose influence was considered largely responsible for enabling Germany’s post-World War II economic “miracle,” you should read Samuel Gregg’s Wilhelm Ropke’s Political Economy. But if you don’t have the time (or $109.25) to spend, you can read Ralph Ancil’s introductory article at Front Porch Republic:
Throughout his professional life Röpke was concerned about a socially and morally responsible market economy and the policies it entails. An ardent opponent of all forms of collectivism, he spoke and wrote not only against the ideologies of national socialism and communism, but against the more subtle forms of collectivism found in the ostensibly more democratic and free countries of the West.
Röpke’s central social policy concern was the distribution of economic power. Freedom and basic human happiness are best met in an economy where individuals and families are able to take responsibility for their own lives, he believed, and that meant some social and economic arrangements are better than others. Throughout his writing, Röpke therefore decentralization, deproletarianization, family farms, and small-scale artisans and merchants.
