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rulebook for the euro zone The pandemic-induced economic shock has shown how the EU's fiscal and monetary rules are outdated and ineffective.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
Elon Musk’s Twitter takeover is a colossally bad idea Elon Musk mistakes Twitter for some sort of ‘digital town square’. In reality, it’s a global publisher that — like any other — needs to be regulated
The false promise of democratic peace The belief that democracies don’t start wars, but only dictatorships do, has been central to the Anglo-American worldview. But it is more complicated
The far-right vs. women’s rights The US Supreme Court’s imminent attack on woman’s right to an abortion is underwritten by a reactionary, sexist, and racist far-right movement