“…By focusing on Hayek's proximity to ordoliberal political economy in the 1930s and 1940s as well as his later shift away from 5 In the same period, Hayek elaborated in greater detail on the emergence of the "new traditions" of "the new liberal school" as they had come about "independently of the others": in London around Edwin Cannan and Lionel Robbins, in Vienna around Ludwig von Mises, in Chicago around Frank Knight and Henry Simons and in Freiburg around Walter Eucken, leading to what he called "a neo-liberal movement" (Hayek [1951(Hayek [ ] 1967. 6 For earlier expositions on the proximity of Hayek to ordoliberalism, see especially Streit and Wohlgemuth (2000), Watrin (2000), Bönker and Wagener (2001), Renner (2002), Vanberg (2003), Wohlgemuth (2013) and Dyson (2021). Kolev (2010) contains some of the arguments of this paper.…”