Statement on ECB interest rate decision July 20The ECB keeps its options open about the exit of its expansionary monetary policy stance. Helmut Kohl Was Right June 28, WALLSTREET JOURNALEconomists criticize his decisions on German reunification and the euro, but he understood better the relationship between politics and economics. Opportunity Credit to Safeguard the Future June 23, ZEIT ONLINE Policy makers must react by fundamentally rethinking social policy with the aim of improving people’s economic, social, and political participation, thereby affording them new opportunities. Statement on the ECB council meeting (June 8, 2017) June 8The ECB has now cautiously started its monetary policy reversal, even if only through words rather than deeds. The change in communication is an important step in the right direction. Equality and Taxes in Germany May 26, ZEIT ONLINEThe German tax system is based on the principle of capability. People with high earned and capital incomes should convert a higher proportion of their income into government tax revenues. In general, taxes should be progressive. This means the tax rate should rise as income rises. The Shrinkage in Earned Income May 12, ZEIT ONLINEThe International Monetary Fund (IMF) has attracted attention with its most recent World Economic Outlook. The report shows that the global workforce is receiving a decreasing proportion of economic output, whereas owners of capital are claiming a larger piece of the pie for themselves. Unconditional basic income does not equal more freedom April 28, ZEIT ONLINE Unconditional basic income is the wrong answer to the challenges of our time. It is neither egalitarian, nor liberal, nor individualistic, nor economically conducive. 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.