Angela Merkel’s announcement of her political departure has prompted a predictable response from many quarters: that she was the “steady hand” that held Europe together, and that her “strong and stabilising leadership” will be sorely missed. Nonsense. Merkel’s 13 years in office have involved domestic drift and European decay. She has complacently coasted along, failing to […]
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Germany’s economy is doing fine right now and it finally has a new government. So it’s perhaps understandable that it seems content to coast along. Why mess with an ostensibly winning formula? Steady-as-she-goes, business-as-usual Merkelism seems successful and safe. Yet Germany is actually far more vulnerable than it seems. Europe’s export powerhouse has long been […]
My latest column for Project Syndicate.
My letter to the FT
Germany and other EU countries should provide safe passage to refugees, not reimpose border controls. My column for Foreign Policy
My column for Foreign Policy
The French and German views of the eurozone are irreconcilable. Rather than press for a fiscal and political union, the eurozone needs to accommodate national differences more. My column for Foreign Policy here
The eurozone desperately needs mainstream alternatives to the lopsided “Berlin Consensus,” in which creditors’ interests come first and Germany dominates everyone else. Merkelism is causing economic stagnation, political polarization, and nasty nationalism. Institutionally, we need a flexible eurozone that respects national democracies, provides greater fiscal freedom and involves a mechanism for restructuring sovereign debt. My column […]
My column for CapX
Offer Greece debt relief. My column for Foreign Policy
On 7 June I was interviewed about the crisis in the eurozone, Greece, Germany, the Dutch economy on Buitenhof, a leading political TV programme in the Netherlands. Watch here. Starts at 22nd minute, for 18 minutes
My piece for CapX on the EU’s Digital Single Market strategy
Mon article sur la faiblesse de l’économie allemande pour Books. Commentaires sur l’article d’Olaf Gersemann et Marianne
I debated this on BBC World Service’s In the Balance programme with Marcel Fratzscher and Christian Schulz
My piece for CapX. Allister Heath calls it “brilliant” in the Telegraph
My article for the Berliner Republik on why Germany has a large share of responsibility for the crisis in the eurozone
I was interviewed by Romaric Godin in the French newspaper La Tribune
Project Syndicate, 23 September 2014
My latest article for Project Syndicate on why Germany’s economy is not the success it is made out to be, still less a model for the rest of the eurozone