New way of farming Malmendier: “Don’t just whine about it”

Ulrike Malmendier

“I immediately received positive reactions from everyone I spoke to at the German Council of Economic Experts that we could do it.”

(Photo: Ed Caldwell/Haas School of Business)

Berlin The Council of Economic Wise Men has five members again and is therefore complete. At its cabinet meeting on Wednesday, the federal government appointed the economist Ulrike Malmendier from Berkeley, California, and the Bochum economist Martin Werding to the “Council of Experts for the Assessment of Overall Economic Development”.

The Handelsblatt reported exclusively on the two personal details last Friday. Germany’s most important economic advisory body had previously been understaffed for a year and a half.

Malmendier and Werding are now speaking for the first time in their new offices and explain their plans and perspectives in interviews with the Handelsblatt. The federal government has managed a coup in particular with Malmendier, who is one of the five percent of the most cited economists in the world.

Read the whole interview with Ulrike Malmendier here:

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