Walter Eucken Institut
The Institute was founded in 1954, four years after the death of economist Walter Eucken, by a number of his friends and pupils. The Institute's creation was supported by Ludwig Erhard, then Secretary of Economic Affairs and later Chancellor of West Germany. Honorary Presidents have included Nobel laureates Friedrich Hayek and James M. Buchanan.
The Walter Eucken Institute's research interest is constitutional and institutional questions in economics and social sciences, including preserving and developing a free market order, classical liberal ideas and their institutional realisation, and the economic constitution of the European Union.
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