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American Spending Spree—Echoes from the Past and Lessons for the Future
Negotiations are ongoing in Congress on the American Jobs Plan and the U.S. Innovation and Competition Act. The former is a $2 trillion infrastructure spending bill originally proposed in March …
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A Digital Euro and Central Bank Digital Currencies
Cryptocurrencies continued to make headlines in 2020 and early 2021. For one thing, Bitcoin rallied again in November, December, and the beginning of January, lifting its price to more than …
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Corona Crisis: What Can Economic Policy Do?
In his article on what economic policies can be pursued to mitigate the impacts of the coronavirus crisis, AGI Non-Resident Fellow Dr. Jörn Quitzau first establishes the “exceptional character” of …
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A German import to fight the economic impact of the coronavirus
As the novel coronavirus has become a global pandemic, Germany attracted attention earlier this month for President Trump’s alleged interest in bringing Tuebingen-based CureVac’s vaccine research to the United States. While such zero-sum …
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Can the German Obsession with Balanced Budgets Be Overcome?
For many years international observers, including U.S. Nobel laureates like Paul Krugman and Robert Solow, have been wondering about certain peculiarities in German economic reasoning and economic policy. These seem …
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Fiscal Stimulus for the European Economy: The Right Thing?
With weaker economic growth in Europe, the idea is being resurrected that European governments, or at least those with “enough fiscal space,” should stimulate their economies by increasing government debt …
Dr. Jackson Janes on German economic outlook and the end of the Merkel era on CGTN
AGI President Emeritus Dr. Jackson Janes spoke recently on CGTN about Merkel’s successes and weaknesses in her time in office, the impact of coalition politics and political parties on the …
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The Economics of AfD Expansion
With the right-wing populist Alternative for Germany (AfD) achieving almost 25 percent in the elections in the two east German states of Brandenburg and Saxony in September 2019, and both …
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Germany’s Growth Model under Attack?
On his last visit to Berlin in the beginning of May, French president Emmanuel Macron said that “the German growth model has perhaps run its course.” He argued that the …