Wilhelm Röpkes political economy 1. Introduction 2. Ruin and reform : the crisis of German economic liberalism 3. Economics and the economist 4. Toward a new economic liberalism 5. Booms recessions and business cycles 6. After Keynes : full employment inflation and the welfare state 7. A liberal international economy 8. Between humanism and social science Wilhelm Röpke is best known for his decisive intellectual contributions to the economic reforms that took post war West Germany from ruin to riches within a decade. In this informative book Samuel Gregg presents Röpke as a sophisticated économiste philosophe in the tradition of Adam Smith who was as much concerned with exploring and reforming the moral social and intellectual foundations of the market economy as he was in examining subjects such as business cycles trade policy inflation employment and the welfare state. By situating Röpkes ideas in the history of modern Western economic thought Samuel Gregg illustrates that while Röpkes neoliberalism departed from much nineteenth century classical liberal thought it was also profoundly anti Keynesian and contested key aspects of the post war Keynesian economic consensus