The Business Times

Tom Krebs and Isabella M Weber

An expansionary fiscal policy should increase overall economic output. But a significant rise in domestic EV and wind turbine production will happen only if the policy promotes these goods.

Germany’s incoming government has embraced military Keynesianism

The country’s constitutional ‘debt brake’ has been amended to boost defence spending, limited to military expenditure. An opportunity to invest in the country’s economic future is squandered.

Protests in Hamburg against the far-right Alternative for Germany party in February 2024. The government's initial "wait-and-see” approach to the energy price shock prolonged a period of heightened economic insecurity and contributed to a sharp rise in support for the party .

Who’s afraid of price controls?

Why Germany’s economy is paying dearly for the government’s failure to cap energy costs in 2022

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