Peter Bofinger from Würzburg – Authors profile, articles and posts

Economy and ecology | 12.07.2022

Inflation: saving households from insolvency

The sharp price increases plaguing lower-income households could easily be cushioned through state guaranteed loans at a minimal risk

Economy and ecology | 16.05.2022

Return to positive interest rates requires a safety net

An interest hike could stifle the European economy. But inflation in the eurozone can be tempered without jeopardising recovery

Economy and ecology | 14.03.2022

Taking the heat out of energy prices

Rising energy prices and inflation are causing energy poverty in Europe. The EU should rethink carbon pricing and consider VAT relief

Economy and ecology | 03.01.2022

The ECB needs a better narrative

The ECB is facing the greatest challenge to its credibility to date. To gain public support, the bank needs to learn how to communicate its strategy

Future of social democracy | 26.10.2021

Germany’s coalition: green light or stuck on amber?

In Germany's coalition talks, the SPD, FDP, and Greens have agreed on key points. While some are necessary compromises, a real vision is lacking

European integration | 02.08.2021

The ECB strategy review is a missed opportunity

The ECB's recent review and pronouncements damage its public image — and risks turning public fear of inflation into a self-fulfilling prophecy

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The pandemic-induced economic shock has shown how the EU's fiscal and monetary rules are outdated and ineffective.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

Peter Bofinger

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