The Trust Trifecta
Engraved on the U.S. dollar bill are the words “in God we trust.” The sarcastic extension of that phrase says “all others pay cash.” It seems that forces rampant in …
Schaeuble’s Interim Banking Union
In a recent article for the Financial Times, Germany’s Finance Minister Wolfgang Schaeuble finally explained to an international audience why he thinks treaty changes are necessary in order to provide …
Private Health Care Insurance: Accessibility and Efficiency in the U.S. and Germany
Different Systems, Similar Debates Despite different health care systems in Germany and the U.S., similar debates and health policy questions can be identified in both countries. Some common issues are …
Resetting Transatlantic Trade Negotiations
By DAAD/AGI Fellow Tilman Krueger Underlying past failures to agree on transatlantic trade liberalization are strong vested interests in the U.S. and in the EU—issues that have not vanished over …
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Support Our WorkSelling the German Model
In my recent piece from the Financial Times (paid content), I argue that the German economic model being sold so aggressively throughout the euro zone may not be the most effective …
Merkel’s Placet
Remember the saying it takes two to tango? In the case of the European Central Bank, that phrase could prove rather fitting for its President Mario Draghi, who will need …
What Do Citizens in Europe and the United States Think About Fiscal Austerity?
There is currently no national government in the European Union (EU) that is not indebted to a certain extent. The same holds true for the United States, Switzerland, and the …
Abenomics
‘Abenomics’ has taken Europe by storm. Don’t get me wrong, policymakers on the old continent expected the new Bank of Japan’s governor Haruhiko Kuroda to act, but they certainly did …
Lessons from Cyprus for the ECB
Days after agreeing to a punitive bailout, the citizens of Cyprus are getting ready to witness the end of a flawed business model. Successfully preventing a sovereign default and euro …
Growth in a Time of Austerity: Looking beyond Germany at the Nordic Model
Adrian Wooldridge is the Management Editor and ‘Schumpeter’ Columnist for The Economist. He recently published a detailed Special Report on the Nordic Model for The Economist entitled “Northern Lights.” He …
The Cyprus Mess
There is truly no shortage of reactions to the European Cyprus deal that emerged over the weekend. The plan to raid depositors on the Mediterranean island—no matter how small their …
