Carl Christian von Weizsäcker Can We Explain the Co-Evolution of Democracy and Market Economy by Adaptive Preferences?
In the research presented in this interview, the idea of adaptive preferences is applied to the co-evolution of democracy and market economy. CARL CHRISTIAN VON WEIZSÄCKER explains that the ideal of democracy and market economy though somehow antithetic are inter-dependent in a normative sense: While democracy provides freedom and stability, progress is only ensured by a market economy that allows for innovation.
LT Video Publication DOI: https://doi.org/10.21036/LTPUB10087
Die normative Ko-Evolution von Marktwirtschaft und Demokratie
- Carl Christian von Weizsäcker
- ORDO, Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft
- Published in 2014