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Max-Planck-Institut für Ökonomik

Max Planck Institute of Economics

Staff of the Max Planck Institute

Professor Dr. Manfred E. Streit

Prof. Dr. Manfred E. Streit

Prof. Dr. Manfred E. Streit

Emeritus

Max-Planck-Institut für Ökonomik
Kahlaische Straße 10
07745 Jena
Germany



phone: +49 - 3641 - 686 721

email:


Personal Data

Professor Dr. Manfred E. Streit (*1939) studied economics and the basics of law at the University of Saarland between 1959 and 1963. After graduating ("Diplom-Volkswirt"), he became collaborator of Prof. Dr. Drs. h.c. Herbert Giersch at the Institute for European Economic Policy at the University of Saarland. He received his doctorate degree in 1966 (Dr. rer. pol.). Between 1966 and 1968 he was scientific assistant to the German Council of Economic Advisors (Sachverständigenrat), between 1968 and 1971 lecturer in economics at the University of Reading (UK). He received his habilitation with the appointment to a chair of economics at the University of Mannheim. During a leave of absence between 1980 and 1983 he worked as professor at the European University Institute at Florence. He has further undertaken research stays at universities in Canada and Australia. In 1990, he accepted an appointment to the University of Freiburg where he continued research in the tradition of the Freiburg School of Law and Economics. In 1993 he founded the Max Planck Institute of Economics, Jena. He was director of the Institutional Economics Unit of the Institute and since 2000 Professor Emeritus. In 2001 he was awarded with the Hayek-Medal acknowledging his research in Institutional Economics and the Theory of the Economic Order in the sense of Friedrich A. von Hayek. Prof. Streit is member of the Verein für Socialpolitik, the Mont Pèlerin Society, the F. A. von Hayek Society, the Walter-Eucken-Institute, as well as corresponding member of the Academy of Sciences and Literature in Mainz and of the Saxonian Academy of Sciences in Leipzig.

Prof. Streit's scientific oeuvre comprises some 140 articles in German, English and French scientific journals and collections of essays. For quite some time, he has been concentrating on the analytical foundations of economic policy, of constitutional economics in the Freiburg tradition (Ordnungstheorie und -politik) as well as more special subjects like European Integration, competition policy and the analysis of information processes in markets. Before, he had been doing research in regional and trade cycle policy.

Research Topics

Personal Projects

Studies in economic policy and applied institutional economics
The studies are located in two areas:
  1. the Social Market Economy - perspectives of economic policy after five decades
  2. Editorial Works

The first area forms part of ongoing research. General objective of the present studies is an evaluation of the Social Market Economy as a conception of economic policy when taking into account the actual as well as the foreseeable economic and political conditions. This includes a discussion of the value system underlying the conception, the built-in conflicts among policy objectives and the consequences of the interdependence between the economic and the political system. In addition the impact of the process of European integration and of the intensification of institutional competition due to globalisation will have to be assessed.

The second area comprises editorial work related to the writings of F. A. von Hayek. Coeditors are A. Bosch, V. Vanberg and R. Veit (Freiburg). The work is supported by the Walter-Eucken-Institute, Freiburg, and by the F.A. von Hayek-Society, Berlin. As Vol. B V of this collection will appear in 2002 the first translation into German of F. A. von Hayek`s "The Sensory Order" by M. E. Streit as translator and editor.

Finally, a book has been completed. Its basic objective was to integrate into the theory of economic policy relevant findings of institutional economics and of the analysis of economic systems. The experiences with practical economic policy and related empirical findings which are used to illustrate the various issues refer to Europe and the United States but also to South East Asia, Australia and New Zealand. Given the institutional orientation, economic history will also be drawn upon. Co-author is Prof. Wolfgang E. Kasper (University College, The University of New South Wales, Canberra). The title is "Institutional Economics - Social Order and Public Policy", Cheltenham, UK-Northampton, MA, USA: Edward Elgar 1999. A translation into Chinese has been published in Peking 2000.

Publications

Selection since 1998

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