Flassbeck-economics analyses the European economy every month in detail and gives its view on the state of the cycle and the economic policies that should be adopted. We are covering a wide range of indicators and countries (the UK will be included in the future). …
The prevalent and dystopian image of robots destroying jobs rests upon another popular image that has also gained widespread currency: the assumption that labour productivity has increased dramatically. This assumption makes logical sense since the purpose of automation is to increase productivity. …
Ludger Schuknecht, the head of the Department for “Fiscal and Economic Policy Questions” at the German Federal Department of Finance, responded in the Sueddeutsche Zeitung (SZ) to the open letter that Heiner Flassbeck, Dani Rodrik, Thomas Piketty, Jeffrey Sachs and Simon Wren-Lewis wrote to Angela Merkel on July 7. …
This is the translation of an article that was published April 24, 2015 on flassbeck-economics. We are publishing one article in English every week to allow more readers to follow closely our analysis of global and European events. However, translation is not free and we have to ask for a contribution from our English speaking readers also. …
