Stefan Kolev

Stefan Kolev is professor of political economy at the University of Applied Sciences Zwickau, Germany, and the deputy director of the Wilhelm Röpke Institute. His research focuses on the history of economic thought, especially ordoliberalism, Austrian economics and the German Historical School, on constitutional and institutional economics, and on economic sociology, especially Max Weber. Stefan Kolev is a founding member of the Network for Constitutional Economics and Social Philosophy NOUS. He is a co-editor of the ORDO Yearbook of Economic and Social Order and of the Journal of Contextual Economics – Schmollers Jahrbuch. His personal website is https://stefan-kolev.de/

“Old Chicago” and Freiburg: Why Ordoliberalism Was No “German Oddity”

Both the Chicago and Freiburg schools faced systemic fragility as the crucial property of societal orders. It was this fragility that served...

“Power Is Evil in Itself”: The Ordoliberal Quest for a Privilege-Free Order

The lesson from the quest of German ordoliberals for a privilege-free order from the 1930s to the 1950s is that once in...

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How the Rise of Labor Market Power Helps Explain the Fall of US Manufacturing Employment

A new working paper explores the increase in labor market power in the US and what’s driving it. It shows manufacturing workers...

How Manufacturing’s Lobby Won and Lost its Political Influence

What happens when supporting capitalism hurts capitalists? Do business lobbies ever control the economy to the extent we think they do? The...

How Apple Locks Out the Competition with Its Digital Key

Apple’s efforts to dominate the contactless payments market and lock up the “digital key” space pose a profound threat to consumer privacy...

The Dawn of Antitrust and the Egalitarian Roots of the Sherman Act

While it isn’t particularly controversial that concentrated economic power was a legislative target of the Sherman Act, when read as a corollary...

The Varied Ideologies—and Practices—of Socialist Nations in the Developing World

In an excerpt from his new book Ripe for Revolution: Building Socialism in the Third World, Harvard Business School professor Jeremy Friedman...

How Much Can We Trust Index Funds on Climate Change?

According to a theory that is gaining support among academics and practitioners, we should expect index fund managers to undertake the role...

The Ties that Bind Workers to Firms: No-Poach Agreements, Noncompetes, and Other Ways Firms Create and Exercise Labor Market Power

Collusive no-poach agreements are per se illegal, but noncompete clauses are not. Recent research casts doubt on the rationale for this legal...