Home
/
RELIGION & LIBERTY ONLINE
/
Lesser-known books by Wilhelm Röpke that you should read
Lesser-known books by Wilhelm Röpke that you should read
Dec 16, 2025 5:16 AM

With so many people around the world in moderate or full quarantines and lockdowns, many of them are turning to books to pass the time, ease their fears, or simply take advantage of an unexpected and involuntary opportunity to recharge their intellectual batteries. This being the case, I’d like to offer a short summary of some of the lesser-known books written by one of my favorite thinkers, the German economist Wilhelm Röpke, in the hope that it may entice some readers to learn more about him and his contributions to political economy.

Röpke is perhaps best known as one of the intellectual architects of the postwar market-driven German economic miracle. He was, however, also a genuine polymath. Fluent in modern and ancient languages, a market liberal and a believing Christian, Röpke was fortable speaking about the finer points of business cycle theory as he was in discussing Augustine’s “City of God.”

Perhaps Röpke’s most famous work is “A Humane Economy: The Social Framework of the Free Market,”which first appeared in German in 1958 and was acclaimed by both the New York Times and the Wall Street Journal when it was published in English in 1960. Over the course of his life, Röpke wrote prolifically, authoring several books, dozens of academic pieces and untold numbers of newspaper articles, penning over 900 publications by the end of his life. Many of his writings exerted a profound influence on prominent American conservatives such as William F. Buckley and Russell Kirk. Here are some of his texts that may not be so familiar to American and European audiences.

“Crises and Cycles” (1936): Like many economists in the interwar years, Röpke was preoccupied with understanding the causes of the Great Depression and analyzing the prospects of various remedies. Written during his first years of exile in Turkey, this book squarely addresses those issues and examines the various proposals put forward by figures ranging from F.A. Hayek to John Maynard Keynes. The book, Röpke laments in his preface, was already typeset just when Keynes’ “General Theory” appeared. In later years, Röpke became an outspoken critic of Keynes and Keynesianism, but one can see in “Crises and Cycles” the foundations of that critique and why Röpke regarded Keynes as the father of a type of economics that, in his view, damaged mon good.

“Economics of the Free Society” (1937): In many ways, this is my favorite Röpke book. Initially published in Austria one year before the Anschluss, it went through 9 German editions and appeared in multiple languages. The economist Ludwig von Mises, who had many strong intellectual disagreements with Röpke, thought so highly of this book that he mended that it be published in English. The attraction of the text is that it outlines in clear and accessible language the foundations of economics, the problem with which economics wrestles and seeks to answer, and the ways in which sound economics can bolster free societies.

“The Social Crisis of our Time” (1942): Written in Switzerland in the midst of World War II, this book first brought Röpke to the attention of the world outside the German-speaking lands. Its impact was such that the Nazi regime banned its publication in Germany and all German-occupied territories. The book marks Röpke’s first effort to trace systematically the deeper historical roots of the multi-faceted crisis gripping the Western world, and Röpke does so by drawing on a range of economic, political, and theological sources. Many of the economic ideas contained in this book were to profoundly influence Ludwig Erhard’s liberalization of the West German economy in 1948.

“The German Question” (1945): Initially written at the request of the British Foreign Office, Röpke’s account of the reasons for the German catastrophe of National Socialism had the equivalent effect in Germany that Hayek’s “Road to Serfdom” (1944) had in Britain and the United States. Most of this book involves explanation of different currents in German high culture, but also links these to economic errors made by successive German government from the time of German reunification onwards.

“International Order and Economic Integration” (1954): This books reveals Röpke’s deep knowledge of the history of international law as well as the depth of mitment to free trade. He shows the ways in which the spread of economic liberty inside and across national borders can be a source of prosperity for all, as well as the political and economic problems associated with protectionism and autarky. At the same time, Röpke underscores his opposition to top-down schemes for European unification and makes clear his opposition to the political project that would e the European Union.

This is just a sampling of Röpke’s books, most of which are available in English. Those looking for a representative collection of some of the most important of Röpke’s articles should look to the superb essays assembled and edited by my Acton colleague Daniel A. Hugger in “The Humane Economist: A Wilhelm Röpke Reader” (2019). An excellent short book on Röpke’s life and thought, “Wilhelm Röpke: Swiss Localist, Global Economist,”was written by Acton University lecturer John Zmirak in 2000. For those looking for a deeper dive into the specifics and development of Röpke’s economic thought, there is always “Wilhelm Röpke’s Political Economy” (2010), written by yours truly.

It’s certainly not the case that e away from reading Röpke’s works agreeing with everything he says. Over his lifetime, Röpke changed his mind about several important topics. But perhaps the most impressive dimension of Röpke’s thought is the way he wrestles with different economic questions from a truly interdisciplinary standpoint. And make no mistake: his lodestar is nothing more and nothing less than the truth. That, in the end, is what really matters.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
‘All things wise and wonderful…’
This past Sunday one of the songs in our worship service was the hymn, “All Things Bright and Beautiful.” Here’s the first stanza: All things bright and beautiful, All creatures great and small, All things wise and wonderful, The Lord God made them all. If the new translation of Abraham Kuyper, Wisdom & Wonder: Common Grace in Science & Art, were to have panion hymn, this might well be the perfect candidate. ...
Rev. Fred Shuttlesworth: Courage in Christ (1922 – 2011)
“They were trying to blow me into heaven, but God wanted me on Earth.” – Rev. Fred Shuttlesworth Rev. Fred Shuttlesworth’s courage, tenacity, and epic struggle for racial equality in the city of Birmingham, Alabama, is legendary. Birmingham, not so affectionately nicknamed “Bombingham” in the 1950s and 1960s for its propensity for racial acts of terror, named its airport after the famed American Civil Rights leader in 2008. This account, which speaks to the madness in Birmingham during his pastorate...
Class Warriors for Big Government
mentary this week addresses the demonstrations in New York and in other cities against free enterprise and business. One of the main points I make in this piece is that “lost in the debate is the fundamental purpose of American government and the importance of virtue and a benevolent society.” Here is the list of demands by the “Occupy Wall Street” movement. It is in essence a laundry list of devastating economic schemes and handouts. Additionally, the demands are counter...
Unions Go Shoe Shopping
My sister has a small pillow in her bedroom that’s embroidered with the words “She who dies with the most shoes wins.” I’m sure Lloyd Blankfein’s daughter has one just like it. And you’d think that the patchouli-scented Occupy Wall Street crowd might not like such a pillow, but you’d be wrong, as Ray Nothstine pointed out in this week’s Acton Commentary. The anger at Zuccotti Park isn’t sparked by greed on Wall Street, it’s sparked by greed in Zuccotti...
10 Signs You May Be a Distributist
The presence of one group at the Occupy Wall Street (OWS) protests might be surprising: the Distributist Review has produced this flyer for distribution at the protests. They don’t seem to have asked themselves whether G.K. Chesterton and Hillaire Belloc would have gone down to protest with the unwashed masses (the answer, of course, is never in a million years)but contemporary “neodistributists” are a more inclusive set. Theygo far beyond the metaphysical and aesthetic principles of Chesterton and Belloc’s economics.Since...
Samuel Gregg on the GOP Roundtable
Acton director of research Samuel Gregg offers his thoughts on last night’s GOP Roundtable in this NRO Symposium. Gregg thinks the debate offered an important alternative to the government-driven economy talk that fills the news every other night of the week. In a week in which two American economists from the non-Keynesian side of the ledger received the Nobel Prize for Economics, last night’s GOP debate gave us some insight into the depth and character of the various candidates’ mitments...
Ronald Reagan Retrospective at Hillsdale College
I was fortunate to attend some of “Reagan: A Centenary Retrospective” at Hillsdale College from October 2 – 5. I was present for excellent lectures by Craig Shirley and Peter Robinson. Shirley is the author of Reagan’s Revolution: The Untold Story of the Campaign That Started It All and Rendezvous with Destiny: Ronald Reagan and the Campaign That Changed America, a book I reviewed on the PowerBlog. Robinson, a former speechwriter in the Reagan White House, authored the famous “Tear...
Mitt Romney, the Mormon Question, and Presidential Elections
Mitt Romney’s faith made headlines again at the Values Voters Summit in D.C., where Robert Jeffress, who is the pastor of First Baptist Church in Dallas, proclaimed last week, “Do we want a candidate who is a good, moral person, or one who is a born-again follower of the Lord Jesus Christ?” Jeffress, who introduced Governor and presidential candidate Rick Perry before his remarks to the group, was not just proclaiming his support for Perry but signaling evangelicals to not...
VIDEO: PovertyCure Launch
Acton has been heavily involved in developing a new initiative called PovertyCure, an international network that promotes entrepreneurial solutions to poverty rooted in the dignity of the human person. We are excited to announce the launch of PovertyCure this week. Acton has joined together with over 100 organizations to encourage people to rethink charity and development. In the last three years I’ve had the privilege of interviewing over a hundred people from all over the world—religious and political leaders, small...
Whole Life Discipleship: Integrating Faith, Economics, and Work
I’m at the “Whole Life Discipleship: Integrating Faith, Economics, and Work” conference today at Regent University. As I have the opportunity today, I’ll blog (and tweet) some of the lectures. First up is Stephen Grabill of the Acton Institute, and here are some highlights: He focused on three basic questions: What is political and economic freedom? How do we use Scripture in our approach to social life? What about natural law? On the first: A Christian anthropology is anti-revolutionary in...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved