Wilhelm Röpke (October 10, 1899, Schwarmstedt, a village near Hannover - February 12, 1966, Geneva) was one of the most important spiritual fathers of the German social market economy. October 10 is the 283rd day of the year (284th in Leap years). ... 1899 was a common year starting on Sunday (see link for calendar). ... Map of Germany showing Hanover Hanover (in German: Hannover [haˈnoːfɐ]), on the river Leine, is the capital of the state of Lower Saxony (Niedersachsen), Germany. ... February 12 is the 43rd day of the year in the Gregorian Calendar. ... -1... Coat of arms of the Canton of Geneva Coat of arms of the City of Geneva Geneva (French: Genève, German: Genf, Italian: Ginevra, Romansh Genevra, Spanish: Ginebra) is the second-most populous city in Switzerland (after Zurich), located where Lake Geneva (French: Lac de Genève or Lac L... Social market economy is the German model (pattern) of economy. ...

For this professor of economics, right, moral habits (Sitte), and social norms and values were decisive elements with which not the market, but the state and central bank continually need to be concerned. With a "conforming" social, economic, and financial policy, the task of which is to protect the weak "beyond the market", to equalize interests, set rules of the game, and limit market power, Röpke strove for an economic order of economic humanism, something which he also referred to as the third way. Röpke stood for a society and socal policy in which human rights are given the highest importance. He believed that individualism must be balanced by a well-thought-out principle of sociality and humanity. For the direction right, see left and right or starboard. ... Humanism is a system of thought that defines a socio-political doctrine (-ism) whose bounds exceed those of locally developed cultures, to include all of humanity and all issues common to human beings. ... The Third Way is a moderate-right political ideology that usually stands for deregulation, decentralisation and lower taxes. ...

See also

• Ordoliberalism
• Liberalism
• Contributions to liberal theory