About Walter Eucken
Walter Eucken (German: [ˈɔʏkn̩]; 17 January 1891 – 20 March 1950) was a German economist of the Freiburg school and father of ordoliberalism. Ordoliberalism was based on the concept of social market economy balancing free markets with regulatory oversight. The Walter Eucken Institut was founded four years after his death and his ideas influenced West Germany’s economic policy. == Early life and education == Walter Eucken was born on 17 January 1891 in Jena in the German state of Saxe-Weimar-Eisenach (present-day Thuringia), a son of the philosopher Rudolf Eucken, and his wife, Irene née Passow (1863–1941), a painter. Walter grew up in an intellectually stimulating environment. His father was one of the most influential philosophers of the German Empire and the winner of the 1908 Nobel Prize in Literature. Eucken's father read Aristotle with his sons in the original Greek. Visitors to the family villa included Stefan George, Hugo von Hofmannsthal, Ernst Ludwig Kirchner, Edvard Munch and Ferdinand Hodler. Walter had one sister and one brother, the chemist/physicist Arnold Eucken. Walter Eucken studied economics in Kiel, Bonn and Jena and was awarded his doctorate at Bonn in 1914 (thesis: Verbandsbildung in der Seeschifffahrt).
Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.