Statement on the ECB council meeting (April 27, 2017) April 27 Equal opportunity, not basic income, for all April 14, ZEIT ONLINE Unconditional basic income may be a hip idea, but implementing it would only help the State to continue shirking responsibility for its weakest members. We need other solutions. There is no need to take in order to give March 31, ZEIT ONLINESocial inequality has become the main issue of political contention in Germany. The trenches are deeper and the struggle more vociferous than for any other issue. Elites turning a blind eye to social inequality Dezember 23, ZEIT ONLINEGermany’s widespread social inequality is real – but politicians are still in denial. America First, But Germany Second March 16, Foreign Policy If Trump wants a Europe that takes care of its own needs, he needs a strong partner in Berlin. Comment on Federal Reserve's decision to raise interest rates March 16 The Federal Reserve's decision to raise interest rates was long overdue. Trump’s brand of populism feeds on frustration and fear January 20, ZEIT ONLINE As long as he can pit people and nations against each other, Trump will remain in power. But there is a way to smash his “anti-politics.” Statement on today’s meeting of the Council of the European Central Bank (ECB) March 9The ECB is right to orientate its policy towards price stability at the mid-term and not to react to short-term price movements. Germany’s Misunderstood Trade Surplus March 7, Project SyndicateThe three fallacies of Germany's trade surplus: it's not exports, nor Euro, but investment gap. In Germany, the poor are getting poorer March 3, ZEIT ONLINE More Germans than ever are at risk of poverty – and politicians are increasingly unwilling to acknowledge their plight. The trend is taking on a life of its own, and it’s threatening our democracy.