economy had to serve humanity. A regulatory environment should provide the basis for a form of competition that was to the best for all people.

His 1929 article Supplement to the Handbook of Political Science received attention for its discussion of the business cycle. In 1933 he published a book with some praise of Nazism, entitled Ideas of the State and Economy Order in the New Reich. The Nazis did however not like the book and a second edition was refused in 1935. He worked as an advisor to the Nazi