It builds somewhat on the earlier historical school of economics but stresses that only some forms of competition are good, while others may require oversight. This is considered a lawful and legitimate role of government in a democracy in the Freiburg School. The School provided the economic theoretical elements of ordoliberalism and the social market economy in post-war Germany.
Oswalt, Walter. "Zur Einführung: Walter Eucken (1891–1950)". In Goldschmidt, Nils; Wohlgemuth, Michael. Grundtexte zur Freiburger Tradition der Ordnungsökonomik (in German). p. 128. ISBN978-3-16-148297-7.