Walter Eucken
| Walter Eucken | |
|---|---|
 |
|
| Born |
17 January 1891 Jena, Saxe-Weimar |
| Died | 20 March 1950 (aged 59) London, UK |
| Nationality | German |
| Institution | University of Freiburg |
| Field | Macroeconomics |
| School or tradition |
Freiburg school |
| Alma mater | University of Kiel, University of Bonn, University of Jena |
| Influences | Edmund Husserl |
| Contributions | Social market economy |
Walter Eucken (German: [ˈɔʏkn̩]; 17 January 1891 – 20 March 1950) was a German economist of the Freiburg school and father of ordoliberalism. His name is closely linked with the development of the concept of "social market economy".
Walter Eucken was born on 17 January 1891 in Jena in present-day Thuringia, as son of the philosopher Rudolf Eucken (1846-1926), who won the 1908 Nobel Prize in Literature and his wife, Irene (1863-1941, née Passow), a painter. Walter had one sister and one brother, the chemist/physicist Arnold Eucken.
Walter grew up in an intellectually stimulating environment. His father was one of the most influential philosophers of the German Empire and read Aristotle with his sons in the original. Visitors to the family villa included Stefan George, Hugo von Hofmannsthal, Ernst Ludwig Kirchner, Edward Munch and Ferdinand Hodler.
Walter Eucken studied Nationalökonomie (economics) at Kiel, Bonn and Jena and was awarded his doctorate at Bonn in 1914 (thesis: Verbandsbildung in der Seeschifffahrt). He served as an officer in World War I on both the western and eastern fronts.
After the war ended, Eucken went to Berlin University where he became a full professor in 1921 (thesis: Die Stickstoffversorgung der Welt). Eucken married the writer Edith Erdsieck (b. 1896) in Berlin in 1920. They had one son and two daughters.
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