Comments - Flossbach von Storch

04.06.2020 - Macroeconomics

EMU Post-Corona: Economic Distancing via Parallel Currencies

by Thomas Mayer, Gunther Schnabl

The corona crisis has caused new distress in the European Monetary Union. Italy and other southern European countries are struggling desperately for financial assistance from the north, in particular from Germany.

18.05.2020 - Macroeconomics

The illogic of the European Monetary Union

by Thomas Mayer

After the German Federal Constitutional Court accused the European Central Bank and the European Court of Justice of exceeding their competences, EU Commission President von der Leyen is now considering proceedings against Germany for breach of contr ...

15.05.2020 - Macroeconomics

The US labor market in the Corona crisis

by Agnieszka Gehringer

The newly expanded unemployment assistance in the USA could disincentivize the unemployed to search for a new job. This is likely to result in higher structural unemployment with wages sticky above market clearing levels.

12.05.2020 - Macroeconomics

Dolce Vita on credit

by Thomas Mayer

The Russian revolutionary Vladimir Ilyich Lenin considered money to be "coagulated social wealth, coagulated social work". But he lived in a time in which money was linked to gold or silver and therefore could not be multiplied at will

08.05.2020 - Macroeconomics

Stock market against the economy

by Thomas Mayer

While the economic forecasts are becoming increasingly gloomy and we are sliding into the deepest recession of the post-war period, the stock market is acting surprisingly calm.

28.04.2020 - Column

The pandemic puts climate activists to the test

Guest article in Welt (online) 28th April 2020

by Thomas Mayer

The ordered shutdown of the world economy is a test of the thesis of man-made climate change. Even the most ardent climate activists have hardly ever expected this in their wildest dreams. A measuring station could soon provide insights into this.

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