While Ludwig von Mises and other Austrian economists reject any positive role of the state, German Ordoliberals believe that a strong state is important.

Question

Answer

Yes, the state is necessary to counterbalance the power of monopolies.

Answer

Yes, the state shall function as a lender of last resort.

Answer

No. This statement is not true.

Crowdly

While Ludwig von Mises and other Austrian economists reject any positive role of...

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