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 24, 2025 11:17 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
Crony Capitalism’s Favorite Trick
Many who reject capitalism in favor of some “third way” do so because they often mistake it for government-corporate cronyism, says Jonathan Witt in this week’s Acton Commentary. But in countries that have begun extending true economic freedom to the masses, capitalist activity has already lifted hundreds of millions of people out of extreme poverty. Happily, a new piece in The Economist magazine offers some helpful medicine for the confusion, insisting on the distinction between cronyism and capitalism while also...
Bye-Bye for the Bishop of Bling … And Hello Obama?
In USA es this story from the Associated Press: VATICAN CITY (AP) — Pope Francis on Wednesday permanently removed a German bishop from his Limburg diocese after his 31 million-euro ($43-million) new plex caused an uproar among the faithful. Francis had temporarily expelled Monsignor Franz-Peter Tebartz-van Elst from Limburg in October pending a church inquiry. At the center of the controversy was the price tag for the construction of a new bishop’s plex and related renovations. Tebartz-van Elst defended the...
No Cigarettes For You, No Birth Control For Me?
The CVS chain made an announcement a few weeks ago: they would no longer sell tobacco products at their stores. CVS President and CEO Larry Merlo said: As the delivery of health care evolves with an emphasis on better health es, reducing chronic disease and controlling costs, CVS Caremark is playing an expanded role through our 26,000 pharmacists and nurse practitioners. By removing tobacco products from our retail shelves, we will better serve our patients, clients and health care providers...
The Torah’s ‘Hearty Echo of the Gospel’
“Are there then no laws in the legal sense in the law of Moses?” asks Cornelis Vonk, the Dutch Reformed pastor and preacher. “Of course there are, but there is much more besides.” This, and what es from Vonk’s newly translated Exodus, the second primer in CLP’s growing Opening the Scriptures series: Through his law, the Lord also taught Israel what sorts of social measures did and did not please him… Neither did the Lord forget to teach his people...
Does the Moral Consensus on Human Trafficking Apply to Economics?
Over at the Kern Pastors Network blog, Greg Forster uses The Locust Effect–Gary Haugen’s new book on violence, poverty, and human trafficking –as a springboard for discussing the reach and interconnectedness of various mitments. “The mitments that mobilize evangelicals to fight human trafficking have much broader application,” he writes, “and point to the possibility of a larger Christian vision for the public square.” Yet, for whatever reason, we continue to stall when es to expanding, integrating, and applying things such...
Trillium’s Unholy McKibben Alliance
It’s been a long, cold winter. Not to mention expensive due to heating bills depleting bank balances for those fortunately possessing enough scratch to pay their utilities. For others forced to wear sweaters around the clock and sleep with three dogs to stay warm while keeping the thermostat tuned just above freezing to save money, it may take months before reaching a zero balance on the monthly propane/gas/natural gas/electricity statement. Imagine how prohibitive those bills would be if we relied...
When Work is a Holy Undertaking
At Patheos, Joel J. Miller discusses how God uses work to fashion our souls: Not long ago I looked at an icon of Archbishop Luke of Simferopol and Crimea, a recent Orthodox saint who lived from 1877 to 1961. Following the fashion, the image was timeless. It could have been painted a thousand years ago. But there in the icon — to my surprise — were surgical implements! The archbishop worked as a surgeon and scientist. He was well known...
Pope Francis and President Obama discuss religious freedom, poverty alleviation
Pope Francis, the first Latin American pontiff, and Barack Obama, the first black American president, finally met today in an historic tête-à-tête inside the Vatican Apostolic Palace – and for nearly double the originally scheduled time. Romans could peer inside the fortified Vatican walls via a special streaming set up on Vatican TV’s web site, where they saw a U.S. delegation (which included Secretary of State John Kerry, National Security Adviser Susan Rice and White House Press Secretary Jay Carney)...
How the IRS Killed Bitcoin as a Currency
“For federal tax purposes, virtual currency is treated as property.” With those ten words, the IRS has made it more difficult — if not impossible — for bitcoin and other virtual currencies from gaining widespread, mainstream acceptance as a currency mercial transactions. Because they are now treated as property, virtual currencies are considered, like stocks, bonds, and other investment property, as capital assets and will be subject to capital gains tax. But why does this hinder bitcoins use a currency?...
The Forgotten Sin of Covetous Envy
Modern rhetoric of e inequality is driven by covetous envy, says Russell Nieli. Caritas, humility, gratitude, and goodwill toward others are a healthy society’s answer to the ancient curses of envy and pride: The problem of the chronically poor is that they are chronically poor, not that some people make a lot more money than other people and bring about “inequality.” The fact that some fail to earn enough to live at a decent level is a genuine social problem....
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved