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Peter Bofinger

Peter Bofinger

Würzburg

Peter Bofinger is professor of economics at Würzburg University and a former member of the German Council of Economic Experts.

Articles

European integration | 07.06.2021

Reinvent the macroeconomic rulebook for the euro zone

The pandemic-induced economic shock has shown how the EU's fiscal and monetary rules are outdated and ineffective. It is time to rethink them

Economy and ecology | 07.04.2021

How to stimulate the economy after lockdown

A US-style ‘helicopter money’ stimulus of direct payments to individuals wouldn't be transformatory in Europe

Future of social democracy | 19.02.2021

Bitcoin lacks a unique selling proposition

Bitcoin’s Achilles heel is that it could be easily replaced by the around 8,000 other cryptocurrencies

European integration | 21.12.2020

How to ease the EU fiscal straitjacket

Without major reform of the EU fiscal framework, public investment will be insufficient in the wake of the pandemic

Future of social democracy | 09.11.2020

Joe Biden should not miss the Bretton Woods moment

The incoming president must abjure Trump's mercantilist language in favour of a progressive response to globalisation

Future of social democracy | 30.09.2020

The ‘bazooka’: Modern Monetary Theory in action

Large-scale injections of money to bring economies out of the coronavirus coma have vindicated Modern Monetary Theory

Global | 27.07.2020

Minimum wage: a success story with room for improvement

Why regionally-differentiated minimum wages should be considered for the post-coronavirus period

European integration | 11.05.2020

The ‘frugal four’ should save the European project

Peter Bofinger argues that additional loans do not add up to a rescue package which can save Europe from the corona crisis

Europe | 27.03.2020

Coronavirus crisis: now is the hour of Modern Monetary Theory

Economist Peter Bofinger argues that MMT justifies a European ‘whatever it takes’ fiscal response — including eurobonds

Global | 19.02.2020

Why we need ‘Fridays for Keynesianism’

Unlike neoclassical economics, Keynes recognised the key role of the financial system in modern capitalist economies

Global | 09.07.2019

Facebook’s Libra fails the Hayek test

Facebook’s proposed cryptocurrency would be highly risky for holders and a giant enrichment programme for the company

Europe | 05.06.2019

Made in Europe

Europe needs a common industrial policy to carry out the ecological transition — and compete with China

Europe | 06.03.2019

Time for a red shift from Germany’s ‘black zero’

For a decade, there has been cross-party support for the balanced-budget rule. Time to break with it and invest in the future