The market economy, fair wages, and poverty in rich Germany
By Heiner Flassbeck
Food banks are currently a popular topic in Germany. Hardly anyone asks, however, why there are so many people in a rich nation like Germany who depend on them. …
Why Sweden copies German wage moderation
By Will Denayer and Heiner Flassbeck
Wages need to rise in sync with productivity growth plus inflation. If wages do not follow productivity growth, innovation stifles and productivity declines. Sweden also suffers, although it is not a member of the euro zone. …
Heiner Flassbeck gave an interview to the Real News network yesterday. What is Trump up to now again? Understandably, many Americans (and others) are anxious about Trump raising tariffs on steel and aluminium. Flassbeck first relatives the impact of Trump’s measure and he goes on to propose a framework to make ’free’ trade work for everyone involved. …
The Euro Disaster
By Jörg Bibow and Heiner Flassbeck (1)
The European Economic and Monetary Union (EMU) has been in permanent crisis since 2008. Not all member states are equally affected – rather, a major imbalance is the result of unequal economic development and poses a particular threat to the continued existence of monetary union. …
