Economics and politics - comment and analysis

The German election: the wrong issues and no concept for the future

A lot can happen in four years. In the previous German general election the centre-left won a majority. The Social Democratic Party (SPD) was in a position to form a government with the Greens and the Left Party (Linke), which could have ended the political stagnation in Germany and might even have provided Europe with a new, …

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Are Keynesianism and Neoclassical economics antipodes?

Are Keynesianism and Neoclassical economics antipodes?
by Heiner Flassbeck
Keynesianism and neoclassical theory are often seen as the two main approaches in economic theory. Many assume that the large gap that exists between the two approaches or schools can be bridged by a middle oft he road approach based on pragmatic assumptions and empirical research. …

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