The actions by the European Central Bank (ECB) during the global and European crises have triggered a highly controversial debate, in particular in Germany, about the costs and benefits of the chosen policy path. The paper reviews, compares and evaluates the different arguments made in favour...

In letzter Zeit wird wieder verstärkt das bedingungslose Grundeinkommen als Instrument für mehr Verteilungsgerechtigkeit diskutiert. Befürworter halten es für egalitär, liberal, individualistisch und wirtschaftlich sinnvoll. Alle vier Aspekte lassen sich jedoch widerlegen. Auch höhere...

Germany’s social contract, its “social market economy” for the past seven decades, has aimed at spreading wealth and providing a broad social safety net for all groups of society. Yet a defining feature of Germany’s new economy has been the sharp increase in inequality.