Prof. Dr Veronika Grimm Honoured with the Award “Ordnungspolitischer Preis“

Prof. Dr. Veronika Grimm zusammen mit Co-Autor Stefan Kolev bei der Preisverleihung in Berlin. Foto: Anne Großmann Fotografie

The business association ‘Die Familienunternehmer’ has awarded Prof. Dr. Veronika Grimm of the Energy Systems and Market Design Lab at the Technical University of Nuremberg the so-called ‘Ordnungspolitischer Preis’. Prof Grimm received the award alongside her co-authors Stefan Kolev and Jens Weidmann for their FAZ article ‘Interventionismus als Gefahr für die Demokratie (Interventionism as a Threat to Democracy’.

The article by Prof. Dr. Veronika Grimm and her co-authors appeared in February of this year in the Frankfurter Allgemeine Zeitung under the heading ‘Die Ordnung der Wirtschaft‘. In their analysis, the trio explores the political economy of economist Friedrich August von Hayek and its relevance to current policy challenges, particularly in the areas of climate and monetary policy. Grimm, Kolev and Weidmann focus on the three key aspects of Hayek’s theory: handling value judgements in the dialogue between social scientists and citizens, the rule-based nature of a liberal economic policy and the adaptability of the regulatory framework. These approaches offer an alternative to interventionist measures and emphasize the importance of regulatory policy in protecting democracy.

The award ceremony for the 10,000 Euro prize took place in Berlin last week. Members of the high-ranking jury included the President of the Munich Institute for Economic Research and the Executive Board of the Centre for European Politics. Established in 2017, the so-called “Ordnungspolitischer Preis” by “Die Familienunternehmer” annually honors an outstanding publication. Submissions are considered based on their analysis and evaluation of recent political measures and their impact on regulatory policy – regardless of whether the measure has triggered positive or negative regulatory effects. The aim of the award is to encourage journalists, scientists and publicists to scrutinize political developments in Germany and Europe with regard to their regulatory implications and to inspire new ideas.