Tag: Economics
It is time for a fresh start in policy advice
Contrary to what many believe, the Expert Council for the Assessment of Macroeconomic Development (SVR) is not an exclusive advisory body to the federal government; because the addressee of his…
The upswing increases the gap between rich and poor
View from Belziger Ring to Marzahn and the Ahrensfeld Mountains (left). When the economy is in crisis, inequality decreases. In the upswing, however, the unequal distribution of income increases. (Photo:…
Economists Krugman and Summers on reasons for the price surge
Berlin The current inflation debate can be summed up with a bon mot from Kurt Tucholsky: “The people get most things wrong, but most of them feel right.” While economists…
Asset inflation is driving the world into a prosperity trap
This question arises when one looks at the results of a new study by the McKinsey Global Institute (MGI), which does not measure the prosperity of ten nations with more…
The minimum wage has not cost jobs
Parcel distribution center of the online retailer Amazon A study on the introduction of the minimum wage in Germany shows that low-wage earners in particular have benefited. (Photo: dpa) The…
Why Lindner is better suited than Habeck
Robert Habeck and Christian Lindner The FDP boss and the co-boss of the Greens are interested in the post of finance minister. (Photo: dpa) Two offices stand for securing the…
Nobel laureate in economics and UBS chief economist: Joseph Stiglitz and Paul Donovan in a dispute: “Then the next financial crisis is here”
The Nobel laureate in economics sees the banks as having an obligation on the path to climate neutrality. The chief economist of the Swiss UBS holds against it. .source site
ZEW presents a new compass for the new finance minister
Berlin One thing was always particularly important to Olaf Scholz (SPD) during his time as Federal Minister of Finance: the amount of investment in the budget. He raised it to…
A plea for international trade
Container port in Hamburg In the corona crisis, some politicians called for greater independence of the European economy from foreign competitors. But that could be expensive. (Photo: dpa) The term…
Forecast models cannot react to reality
Pandemic models are sometimes wrong – wrong in the sense of being too pessimistic, sometimes too optimistic. In contrast, macroeconomic inflation models are characterized by being wrong and skewed. They…
Stiglitz recommendations are confused – and unintentionally consolidate Lindner’s ambitions
Christian Lindner (front), Robert Habeck The FDP boss and the co-boss of the Greens are interested in the post of finance minister. (Photo: dpa) The recruitment of Joseph Stiglitz, winner…
A new decision will be made about these top economists
Economists for the top positions Among others, Claudia Buch, Marcel Fratzscher and Isabelle Schnabel (from left) are traded for the top positions. (Photo: imago / Team 2) Berlin When Jens…
Markus K. Brunnermeier receives the Business Book Prize 2021
Markus K. Brunnermeier Winner of this year’s business book award Frankfurt For the book “The Resilient Society. How we can better cope with future crises ”, published by Aufbau Verlag,…
Daniel Stelter: There is a great risk of inflation in the medium term
Supermarket For example, food prices are rising because fertilizers are disproportionately expensive. (Photo: dpa) A combination of base effects, the gratifyingly rapid recovery from the corona shock and isolated delivery…
Which candidates could succeed Weidmann?
Isabell Schnabel, Marcel Fratscher, Jörg Kukies, Claudia Buch One of the four could succeed Jens Weidmann at the helm of the Bundesbank. Frankfurt The departure of Bundesbank President Jens Weidmann…
An exception rule in the Basic Law would be the right way out
The author Sebastian Dullien is Scientific Director of the Institute for Macroeconomics and Business Cycle Research at the Hans Böckler Foundation. (Photo: imago images / photothek) Over the past week…
The state is only partially operational
Jänschwalde lignite power station Schularick’s central thesis is that the state is ill-equipped for its role as a crisis manager. That has to change in the face of threats like…
Up to 3600 euros salary per month
Young professional on the job The starting salaries for interns are high, especially in specialized management consultancies. (Photo: myleon on unsplash) Dusseldorf Especially in business studies such as business administration…
US prices rise 5.4 percent in September
US flag in front of the Federal Reserve in New York The central bank attributes the price increase mainly to temporary factors. (Photo: Reuters) Frankfurt, Düsseldorf US inflation continues to…
Seven answers to pressing questions
Frankfurt Are you repeating the 1970s, when high oil prices fueled inflation while the economy paralyzed and jobs were threatened? “Stagflation” was the buzzword back then, and many consumers and…