Have a personal or library account? Click to login
How to Address the Deficit-Populism Double Bind? A Contemporary Ordoliberal Perspective Cover

How to Address the Deficit-Populism Double Bind? A Contemporary Ordoliberal Perspective

By: Malte Dold and  Tim Krieger  
Open Access
|Dec 2025

References

  1. Acemoglu, D. (2021). Harms of AI. NBER Working Paper, No. w29247. National Bureau of Economic Research.
  2. Alesina, A., & Tabellini, G. (1990). A Positive Theory of Fiscal Deficits and Government Debt. Review of Economic Studies, 57(3), 403–414.
  3. Autor, D., & Wasserman, M. (2013). Wayward Sons: The Emerging Gender Gap in Labor Markets and Education. Third Way.
  4. Chinoy, S., Nunn, N., Sequeira, S., & Stantcheva, S. (2025). Zero-sum Thinking and the Roots of US Political Differences [Unpublished manuscript].
  5. Danieli, O., Gidron, N., Kikuchi, S., & Levy, R. (2024). Decomposing the Rise of the Populist Radical Right (Working Paper).
  6. Dold, M., & Krieger, T. (2019). The “new” crisis of the liberal order: Populism, socioeconomic imbalances, and the response of contemporary ordoliberalism. Journal of Contextual Economics, 139(2–4), 243–258.
  7. Dold, M., & Krieger, T. (2023). The ideological use and abuse of Freiburg’s ordoliberalism. Public Choice, 195(3), 341–361.
  8. Dold, M., & Krieger, T. (2025). Market democracy, rising populism, and contemporary ordoliberalism. In K. Horn, S. Kolev, & J. F. Müller (Eds.), Liberal responses to populism (pp. 119–136). De Gruyter.
  9. Eucken, W. (1940). Die Grundlagen der Nationalökonomie. Gustav Fischer. Fukuyama, F. (1989). The end of history? The National Interest, 16, 3–18.
  10. Gratton, G., Guiso, L., Michelacci, C., & Morelli, M. (2021). From Weber to Kafka: Political instability and the overproduction of laws. American Economic Review, 111(9), 2964–3003.
  11. Hooghe, L., Marks, G., & Wilson, C. J. (2002). Does left/right structure party positions on European integration? Comparative Political Studies, 35(8), 965–989.
  12. Krieger, T. (2024). Der Liberalismus braucht ein Update: Vermögensbildung als Antwort auf Populismus und sozioökonomische Ungleichgewichte? In H.-J. Naumer (Ed.), Vermögensbildungspolitik: Wohlstand steigern – Ungleichheit verringern – Demokratie stärken (pp. 39–47). Springer Fachmedien.
  13. Krieger, T., & Meierrieks, D. (2016). Political capitalism: The interaction between income inequality, economic freedom and democracy. European Journal of Political Economy, 45, 115–132.
  14. Krieger, T., & Meierrieks, D. (2020). Population size and the size of government. European Journal of Political Economy, 61, 101837.
  15. Ostry, J. D., Berg, A., & Tsangarides, C. G. (2014). Redistribution, inequality, and growth. International Monetary Fund.
  16. Przeworski, A. (2005). Democracy as an equilibrium. Public Choice, 123(3), 253–273.
  17. Putnam, R., Leonardi, R., & Nanetti, R. (1993). Making democracy work: Civic traditions in modern Italy. Princeton University Press.
  18. Rodrik, D. (1998). Why do more open economies have bigger governments? Journal of Political Economy, 106(5), 997–1032.
  19. Shionoya, Y. (1995). The ethics of competition. European Journal of Law and Economics, 2(1), 5–19.
  20. Sinn, H.-W. (2003). The new systems competition. Blackwell.
  21. Sinn, H.-W., & Uebelmesser, S. (2003). Pensions and the path to gerontocracy in Germany. European Journal of Political Economy, 19(1), 153–158.
  22. Sjoberg, F. M., Mellon, J., Peixoto, T., Hemker, J., & Tsai, L. L. (2019). Voice and punishment: A global survey experiment on tax morale. World Bank Policy Research Working Paper, 8855.
  23. The Economist. (2025, August 24). Fear the deficit-populism doom loop. Finance & Economics (print ed.).
DOI: https://doi.org/10.2478/ie-2025-0067 | Journal eISSN: 1613-964X | Journal ISSN: 0020-5346
Language: English
Page range: 342 - 345
Published on: Dec 18, 2025
Published by: ZBW – Leibniz-Informationszentrum Wirtschaft
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year
Keywords:

© 2025 Malte Dold, Tim Krieger, published by ZBW – Leibniz-Informationszentrum Wirtschaft
This work is licensed under the Creative Commons Attribution 4.0 License.