Archive

In an article for the "Institute of New Economic Thinking (INET)", Prof. Bofinger explains his tweet series "The Best of Mankiw" and goes into the numerous errors and confusions of the standard works of economic education.

Without major reform of the EU fiscal framework, Peter Bofinger argues, public investment will be insufficient in the wake of the pandemic.

In a series of tweets, Prof. Bofinger points out the weaknesses of the economist N.G. Mankiw's standard works, "The Principles of Economics" and "Macroeconomics".

In the CEPR Discussion Paper, Peter Bofinger and Thomas Haas look at the current CBDC debate from a microeconomic perspective in order to restructure and reassess the previous proposals, which usually focus on macroeconomic implications.

Prof. Bofinger pursues this current and exciting question in his current article for the Wirtschaftsdienst (issue 11, November 2020). He discusses both real economic and monetary aspects in the light of crisis policy and the changes that the pandemic will bring about in the medium or long term.

Peter Bofinger argues the incoming president must abjure the mercantilist language of his predecessor in favour of a progressive response to globalisation.

Peter Bofinger argues that large-scale injections of money to bring economies out of the coronavirus coma have vindicated Modern Monetary Theory.

Peter Bofinger argues that regionally-differentiated minimum wages should be considered for the post-coronavirus period.

Peter Bofinger warns especially German inflation-phobes that deflation is a greater downside risk in the aftermath of the pandemic.

Peter Bofinger argues that additional loans of inadequate amount do not add up to a rescue package which can save Europe from the coronavirus crisis.

All courses in the summer term 2020 lectured by the chair for monetary policy will go ahead as scheduled.

Peter Bofinger argues MMT provides intellectual justification for a ‘whatever it takes’ fiscal response to potentially the biggest global postwar economic challenge

Keynes recognised the key role of the financial system in modern capitalist economies and Peter Bofinger argues the 2008 crisis must bring the demise of neoclassical economics—which still doesn’t.

It’s not so much that what the European Central Bank is doing is wrong as that it is not framing public understanding. The next ECB strategy, writes Peter Bofinger, should do so.

Peter Bofinger argues that introducing central-bank digital currencies would need to be subject to very careful consideration.