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principle and manipulates its currency", "url": "https://www.flassbeck-economics.com/norway-another-country-that-makes-foreign-trade-surpluses-a-principle-and-manipulates-its-currency/", "published_at": "2025-09-09T12:59:27+00:00" }, { "id": "01a0c527-30c8-7338-a646-1b200fef0a44", "title": "Why are entrepreneurs so stupid?", "url": "https://www.flassbeck-economics.com/why-are-entrepreneurs-so-stupid/", "published_at": "2025-08-27T15:30:44+00:00" }, { "id": "01a0c527-30c8-7338-a646-1b2010ab6943", "title": "How Europe was brought to its knees: balanced trade or mercantilism?", "url": "https://www.flassbeck-economics.com/how-europe-was-brought-to-its-knees-balanced-trade-or-mercantilism/", "published_at": "2025-08-06T07:27:22+00:00" }, { "id": "01a0c527-30c8-7338-a646-1b20110a2bd1", "title": "When the unfair complain about unfairness", "url": "https://www.flassbeck-economics.com/when-the-unfair-complain-about-unfairness/", "published_at": "2025-07-29T09:21:10+00:00" }, { "id": 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Trump’s denial of the rest of the world", "url": "https://www.flassbeck-economics.com/the-end-of-global-cooperation-trumps-denial-of-the-rest-of-the-world/", "published_at": "2025-01-21T13:17:49+00:00" }, { "id": "01a0c53c-5161-70a3-95dc-f9856dba60b8", "title": "Javier Milei – lost in libertarianism", "url": "https://www.flassbeck-economics.com/javier-milei-lost-in-libertarianism/", "published_at": "2025-01-16T13:04:25+00:00" }, { "id": "01a0c53c-5161-70a3-95dc-f9856e879acd", "title": "Germans’ inflation phobia remains unbroken, the costs are enormous", "url": "https://www.flassbeck-economics.com/germans-inflation-phobia-remains-unbroken-the-costs-are-enormous/", "published_at": "2025-01-11T13:55:06+00:00" }, { "id": "01a0c53c-5161-70a3-95dc-f9856f23ff29", "title": "Restless and senseless – the complexity of the modern world is overwhelming politics", "url": "https://www.flassbeck-economics.com/restless-and-senseless-the-complexity-of-the-modern-world-is-overwhelming-politics/", 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", "url": "https://www.flassbeck-economics.com/the-draghi-fallacy-improving-european-competitiveness-is-not-the-answer-if-you-want-more-productivity-you-need-a-macroeconomic-approach/", "published_at": "2024-11-24T09:28:14+00:00" }, { "id": "01a0c53c-5161-70a3-95dc-f98571a19c7c", "title": "Europe and the USA: Europe will lose the next round too", "url": "https://www.flassbeck-economics.com/europe-and-the-usa-europe-will-lose-the-next-round-too/", "published_at": "2024-11-19T07:46:46+00:00" }, { "id": "01a0c53c-5161-70a3-95dc-f9857203eee6", "title": "In a traffic jam behind Schengen, or how Germany’s small-mindedness is ruining Europe", "url": "https://www.flassbeck-economics.com/in-a-traffic-jam-behind-schengen-or-how-germanys-small-mindedness-is-ruining-europe/", "published_at": "2024-11-04T13:48:39+00:00" }, { "id": "01a0c545-61ec-73fa-a423-12e05ebfafb7", "title": "A Conversation with Martin Burckhardt", "url": "https://www.flassbeck-economics.com/a-conversation-with-martin-burckhardt/", "published_at": "2024-11-02T15:32:27+00:00" }, { "id": "01a0c545-61ec-73fa-a423-12e05f22af56", "title": "100 trillion in government debt: Who is going to wake whom and why, actually?", "url": "https://www.flassbeck-economics.com/100-trillion-in-government-debt-who-is-going-to-wake-whom-and-why-actually/", "published_at": "2024-10-27T13:31:07+00:00" }, { "id": "01a0c545-61ec-73fa-a423-12e05f7bc4fa", "title": "The ‘greedy beast’ is dead, the flock bleats on", "url": "https://www.flassbeck-economics.com/the-greedy-beast-is-dead-the-flock-bleats-on/", "published_at": "2024-10-11T11:54:59+00:00" }, { "id": "01a0c545-61ec-73fa-a423-12e05fd804f6", "title": "China and the free traders", "url": "https://www.flassbeck-economics.com/china-and-the-free-traders/", "published_at": "2024-10-08T12:39:02+00:00" }, { "id": "01a0c545-61ec-73fa-a423-12e060cd2cea", "title": "A book on overcoming neoclassical equilibrium economics", "url": "https://www.flassbeck-economics.com/a-book-on-overcoming-neoclassical-equilibrium-economics/", "published_at": "2024-09-19T08:00:35+00:00" }, { "id": "01a0c545-61ec-73fa-a423-12e06152e777", "title": "“Trump is breaking a taboo on monetary policy”: how Europe is making a fool of itself", "url": "https://www.flassbeck-economics.com/trump-is-breaking-a-taboo-on-monetary-policy-how-europe-is-making-a-fool-of-itself/", "published_at": "2024-09-03T08:30:37+00:00" }, { "id": "01a0c545-61ec-73fa-a423-12e061ad6961", "title": "Climate change: The economy has no reverse gear", "url": "https://www.flassbeck-economics.com/climate-change-the-economy-has-no-reverse-gear/", "published_at": "2024-08-20T12:43:41+00:00" }, { "id": "01a0c545-61ec-73fa-a423-12e0620b924c", "title": "Hello, wake up! It’s a recession!", "url": "https://www.flassbeck-economics.com/hello-wake-up-its-a-recession/", "published_at": "2024-08-03T07:34:55+00:00" }, { "id": "01a0c545-61ec-73fa-a423-12e0627a81dc", "title": "Germany, surrounded by evil mercantilists", "url": "https://www.flassbeck-economics.com/germany-surrounded-by-evil-mercantilists/", "published_at": "2024-07-18T07:01:23+00:00" }, { "id": "01a0c545-61ec-73fa-a423-12e06373cd74", "title": "France and Germany – When Interests trump friendship", "url": "https://www.flassbeck-economics.com/france-and-germany-when-interests-trump-friendship/", "published_at": "2024-07-05T08:37:29+00:00" }, { "id": "01a0c54d-f9cb-70cf-b09d-de67a0614420", "title": "Greens down, this is an opportunity for reasonable and globally orientated climate policy", "url": "https://www.flassbeck-economics.com/greens-down-this-is-an-opportunity-for-reasonable-and-globally-orientated-climate-policy/", "published_at": "2024-06-10T14:11:01+00:00" }, { "id": "01a0c54d-f9cb-70cf-b09d-de67a0cfb99a", "title": "Don’t mess with the international financial markets", "url": "https://www.flassbeck-economics.com/dont-mess-with-the-international-financial-markets/", "published_at": "2024-03-21T13:54:36+00:00" }, { "id": "01a0c54d-f9cb-70cf-b09d-de67a19a0e84", "title": "Searching for the scapegoat – wages in the ECB’s focus", "url": "https://www.flassbeck-economics.com/searching-for-the-scapegoat-wages-in-the-ecbs-focus/", "published_at": "2024-03-05T10:12:54+00:00" }, { "id": "01a0c54d-f9cb-70cf-b09d-de67a1c5183d", "title": "Supply-side policy and competitiveness for the third time – this time the jug breaks", "url": "https://www.flassbeck-economics.com/supply-side-policy-and-competitiveness-for-the-third-time-this-time-the-jug-breaks/", "published_at": "2024-02-25T14:36:26+00:00" }, { "id": "01a0c54d-f9cb-70cf-b09d-de67a21689ed", "title": "It is high time for Germany to understand the market economy", "url": "https://www.flassbeck-economics.com/it-is-high-time-for-germany-to-understand-the-market-economy/", "published_at": "2024-02-20T09:38:27+00:00" }, { "id": "01a0c54d-f9cb-70cf-b09d-de67a28b04f3", "title": "Downturn in the economy and a simultaneous downturn in economic analysis", "url": "https://www.flassbeck-economics.com/downturn-in-the-economy-and-a-simultaneous-downturn-in-economic-analysis/", "published_at": "2024-02-12T15:01:31+00:00" }, { "id": "01a0c54d-f9cb-70cf-b09d-de67a2aebe55", "title": "Argentina and Turkey: Two very different countries, the same problem", "url": "https://www.flassbeck-economics.com/argentina-and-turkey-two-very-different-countries-the-same-problem/", "published_at": "2024-02-06T12:15:06+00:00" }, { "id": "01a0c54d-f9cb-70cf-b09d-de67a30b8e0e", "title": "Argentina’s plan: nonsense remains nonsense, even if the IMF and “experts” support it", "url": "https://www.flassbeck-economics.com/argentinas-plan-nonsense-remains-nonsense-even-if-the-imf-and-experts-support-it/", "published_at": "2024-01-20T09:48:22+00:00" }, { "id": "01a0c54d-f9cb-70cf-b09d-de67a3ea8f85", "title": "Speechlessness is not politics – reflections at the turn of the year", "url": "https://www.flassbeck-economics.com/speechlessness-is-not-politics-reflections-at-the-turn-of-the-year/", "published_at": "2024-01-04T08:59:08+00:00" }, { "id": "01a0c54d-f9cb-70cf-b09d-de67a4d8b5d4", "title": "The great illusion: COP 28 and the end of fossil fuels", "url": "https://www.flassbeck-economics.com/the-great-illusion-cop-28-and-the-end-of-fossil-fuels/", "published_at": "2023-12-15T08:23:23+00:00" }, { "id": "01a0c556-7113-7102-afd8-1710177b2f57", "title": "Inflation success in the USA disproves the ECB", "url": "https://www.flassbeck-economics.com/inflation-success-in-the-usa-disproves-the-ecb/", "published_at": "2023-12-08T13:43:26+00:00" }, { "id": "01a0c556-7113-7102-afd8-171017ed06a1", "title": "Debt brake litmus test – American pragmatism beats European austerity ideology", "url": "https://www.flassbeck-economics.com/debt-brake-litmus-test-american-pragmatism-beats-european-austerity-ideology/", "published_at": "2023-12-05T08:54:55+00:00" }, { "id": "01a0c556-7113-7102-afd8-17101804eeca", "title": "Argentina: With the chainsaw into the abyss", "url": "https://www.flassbeck-economics.com/argentina-with-the-chainsaw-into-the-abyss/", "published_at": "2023-11-21T08:20:02+00:00" }, { "id": "01a0c556-7113-7102-afd8-17101869c616", "title": "The ECB’s dogmatism reaches new dimensions", "url": "https://www.flassbeck-economics.com/the-ecbs-dogmatism-reaches-new-dimensions/", "published_at": "2023-11-14T08:32:52+00:00" }, { "id": "01a0c556-7113-7102-afd8-171018d72dad", "title": "Interest rates down!", "url": "https://www.flassbeck-economics.com/interest-rates-down/", "published_at": "2023-10-31T10:36:13+00:00" }, { "id": "01a0c556-7113-7102-afd8-171019afaf0a", "title": "Eastern Europe facing a new crisis", "url": "https://www.flassbeck-economics.com/eastern-europe-facing-a-new-crisis/", "published_at": "2023-10-12T06:42:49+00:00" }, { "id": "01a0c556-7113-7102-afd8-171019d923d9", "title": "The political elephant in the china store – and why you can’t or won’t see it", "url": "https://www.flassbeck-economics.com/the-political-elephant-in-the-china-store-and-why-you-cant-or-wont-see-it/", "published_at": "2023-10-01T09:19:21+00:00" }, { "id": "01a0c556-7113-7102-afd8-17101a8ae0fa", "title": "Flexible wages or flexible profits – how does a market economy work?", "url": "https://www.flassbeck-economics.com/flexible-wages-or-flexible-profits-how-does-a-market-economy-work/", "published_at": "2023-09-15T07:15:26+00:00" }, { "id": "01a0c556-7113-7102-afd8-17101acabb9d", "title": "The recession deepens", "url": "https://www.flassbeck-economics.com/the-recession-deepens/", "published_at": "2023-09-12T07:56:48+00:00" }, { "id": "01a0c556-7113-7102-afd8-17101b6902bb", "title": "The German and Global Malaise – from the Perspective of the Neoclassical Theory", "url": "https://www.flassbeck-economics.com/the-german-and-global-malaise-from-the-perspective-of-the-neoclassical-theory/", "published_at": "2023-09-04T08:10:39+00:00" }, { "id": "01a0c55e-8391-7161-a1c2-34377696cee2", "title": "German producer prices also at minus six percent – interest rates down!", "url": "https://www.flassbeck-economics.com/german-producer-prices-also-at-minus-six-percent-interest-rates-down/", "published_at": "2023-08-23T06:23:15+00:00" }, { "id": "01a0c55e-8391-7161-a1c2-343777691f8a", "title": "I cry for you, Argentina", "url": "https://www.flassbeck-economics.com/i-cry-for-you-argentina/", "published_at": "2023-08-18T06:09:45+00:00" }, { "id": "01a0c55e-8391-7161-a1c2-343777da2ac0", "title": "Fighting recession is hopeless without an analysis of its causes", "url": "https://www.flassbeck-economics.com/fighting-recession-is-hopeless-without-an-analysis-of-its-causes/", "published_at": "2023-08-15T07:18:57+00:00" }, { "id": "01a0c55e-8391-7161-a1c2-343778aa8d03", "title": "Overkill – The ECB is driving the European economy up the wall and everyone is watching", "url": "https://www.flassbeck-economics.com/overkill-the-ecb-is-driving-the-european-economy-up-the-wall-and-everyone-is-watching/", "published_at": "2023-07-26T08:47:08+00:00" }, { "id": "01a0c55e-8391-7161-a1c2-34377935587a", "title": "The US have an advantage: The statute of the ECB harms Europe", "url": "https://www.flassbeck-economics.com/the-us-have-an-advantage-the-statute-of-the-ecb-harms-europe/", "published_at": "2023-07-24T08:33:46+00:00" }, { "id": "01a0c55e-8391-7161-a1c2-343779dbebd4", "title": "Still on a knife’s edge? The federal government fails to recognise the true economic situation", "url": "https://www.flassbeck-economics.com/still-on-a-knifes-edge-the-federal-government-fails-to-recognise-the-true-economic-situation/", "published_at": "2023-07-14T06:29:47+00:00" }, { "id": "01a0c55e-8391-7161-a1c2-343779eb963b", "title": "Falling energy prices at the producer and consumer level – what should feed continued inflation?", "url": "https://www.flassbeck-economics.com/falling-energy-prices-at-the-producer-and-consumer-level-what-should-feed-continued-inflation/", "published_at": "2023-07-08T11:57:06+00:00" }, { "id": "01a0c55e-8391-7161-a1c2-34377a662826", "title": "The skills shortage and inflation – why ECB leaders and German immigration policy are completely off the mark", "url": "https://www.flassbeck-economics.com/the-skills-shortage-and-inflation-why-ecb-leaders-and-german-immigration-policy-are-completely-off-the-mark/", "published_at": "2023-06-17T12:42:02+00:00" }, { "id": "01a0c55e-8391-7161-a1c2-34377ae3467a", "title": "Germany and Europe: Severe recession, falling prices and a totally misguided economic policy", "url": "https://www.flassbeck-economics.com/germany-and-europe-severe-recession-falling-prices-and-a-totally-misguided-economic-policy/", "published_at": "2023-06-11T12:14:51+00:00" }, { "id": "01a0c55e-8391-7161-a1c2-34377b2337cb", "title": "The coming dollar weakness – or how to lie to yourself", "url": "https://www.flassbeck-economics.com/the-coming-dollar-weakness-or-how-to-lie-to-yourself/", "published_at": "2023-05-26T07:17:38+00:00" } ] posts Claim your blog

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2026

Government bond yields: All within the normal speculative range original ↗

10 Sept 2026

Webinar on Africa and the IMF: 8. and 15. September original ↗

10 Aug 2026

The IMF is recommending a harakiri programme for Europe, yet ignores the US’s much higher national debt original ↗

26 Jul 2026

Talking about Africa and the world original ↗

12 Jul 2026

Interest rate hike during a recession – the Europeans are mad original ↗

11 Jun 2026

The Chinese imbalance – which is just as misunderstood as all the others original ↗

3 Jun 2026

What is an international imbalance? original ↗

13 May 2026

Romania, a new crisis, an old realisation: Eastern Europe is caught in the appreciation trap original ↗

30 Apr 2026

Argentina: Why simple figures allow for clear judgements original ↗

22 Apr 2026

The real price of oil isn’t particularly high – calculated correctly, it’s even lower original ↗

20 Apr 2026

Hungary after 16 years of Orbán: Still no escape from the currency appreciation trap original ↗

14 Apr 2026

Who is missing the mark on competitiveness within the EMU – or just how fierce European competition for industrial goods really is original ↗

10 Apr 2026

Denial of reality at the top of the ECB original ↗

20 Mar 2026

Milei’s Argentina: Real downturn, continuing high inflation and rising unemployment original ↗

26 Feb 2026

Is Germany losing competitiveness in the EMU?original ↗

20 Feb 2026

The trade unions (and the SPD) are speechless – they know nothing about macroeconomics original ↗

15 Feb 2026

Mercosur, Ludwig Erhard and German mercantilism original ↗

23 Jan 2026

Central banks dominate capital markets – in the US and Europe original ↗

21 Jan 2026

Europe versus Trump: Political power only comes with economic independence original ↗

20 Jan 2026

Europe is heading for deflation and the ECB is once again on the wrong track original ↗

15 Jan 2026

Germany and Europe: Headless in the mid-20s original ↗

1 Jan 2026

2025

‘German labour costs are too high’: Friedrich Merz’s economic declaration of war on Europe – and on himself original ↗

16 Dec 2025

China is big, Germany is small original ↗

11 Dec 2025

Japan: A government without an economy and without foreign trade?original ↗

1 Dec 2025

Illusionists in Belém: Perplexed after the conference frenzy original ↗

25 Nov 2025

China, the big threat?original ↗

19 Nov 2025

A Discussion about BRICS, Africa and Nigeria original ↗

18 Nov 2025

Argentina: Devaluation and American interference, but no progress otherwise original ↗

30 Oct 2025

Debt brake and sectoral financial balances – an unknown but crucial connection original ↗

22 Sept 2025

France is lost – unless it emancipates itself intellectually original ↗

12 Sept 2025

Norway: Another country that makes foreign trade surpluses a principle and manipulates its currency original ↗

9 Sept 2025

Why are entrepreneurs so stupid?original ↗

27 Aug 2025

How Europe was brought to its knees: balanced trade or mercantilism?original ↗

6 Aug 2025

When the unfair complain about unfairness original ↗

29 Jul 2025

Donald Trump and tariffs: European amateurs at a loss original ↗

18 Jul 2025

The OECD on Argentina: Wishful thinking and libertarian fantasies original ↗

12 Jul 2025

Rising US government debt: Trump is not to blame original ↗

8 Jul 2025

Germany must move away from exports – but how?original ↗

13 Jun 2025

Brexit, or the freedom I never wanted original ↗

29 May 2025

Trump’s ‘Mar-a-Lago Accord’: Far less unreasonable than argued original ↗

30 Apr 2025

Spiegel people as trade experts and Trump critics original ↗

23 Apr 2025

Trump and the financial markets: It could be quite simple original ↗

17 Apr 2025

Jeffrey Sachs: The same mistake as the other neoclassical economists original ↗

11 Apr 2025

US tariffs: Trump is right – His fact sheet destroys German mercantilism original ↗

3 Apr 2025

Saving is the problem, debt is the solution original ↗

28 Mar 2025

Rise in labour costs in the eastern eurozone: disaster waiting to happen original ↗

23 Mar 2025

Monetary policy, national inflation differentials and the ECB’s misdiagnosis original ↗

15 Mar 2025

Macroeconomics is missing original ↗

15 Mar 2025

Exploratory paper in Berlin – Europe is just a word original ↗

10 Mar 2025

The majority is on the right – let them govern!original ↗

24 Feb 2025

Migration and the inner-European borders original ↗

3 Feb 2025

Argentina and the IMF: a foto that tells more than a thousand words original ↗

24 Jan 2025

The end of global cooperation – Trump’s denial of the rest of the world original ↗

21 Jan 2025

Javier Milei – lost in libertarianism original ↗

16 Jan 2025

Germans’ inflation phobia remains unbroken, the costs are enormous original ↗

11 Jan 2025

2024

Restless and senseless – the complexity of the modern world is overwhelming politics original ↗

29 Dec 2024

Argentina: The libertarian messiah and his prophets original ↗

13 Dec 2024

The Draghi Fallacy: Improving European Competitiveness is not the Answer. If You Want More Productivity, You Need a Macroeconomic Approach. original ↗

24 Nov 2024

Europe and the USA: Europe will lose the next round too original ↗

19 Nov 2024

In a traffic jam behind Schengen, or how Germany’s small-mindedness is ruining Europe original ↗

4 Nov 2024

A Conversation with Martin Burckhardt original ↗

2 Nov 2024

100 trillion in government debt: Who is going to wake whom and why, actually?original ↗

27 Oct 2024

The ‘greedy beast’ is dead, the flock bleats on original ↗

11 Oct 2024

China and the free traders original ↗

8 Oct 2024

A book on overcoming neoclassical equilibrium economics original ↗

19 Sept 2024

“Trump is breaking a taboo on monetary policy”: how Europe is making a fool of itself original ↗

3 Sept 2024

Climate change: The economy has no reverse gear original ↗

20 Aug 2024

Hello, wake up! It’s a recession!original ↗

3 Aug 2024

Germany, surrounded by evil mercantilists original ↗

18 Jul 2024

France and Germany – When Interests trump friendship original ↗

5 Jul 2024

Greens down, this is an opportunity for reasonable and globally orientated climate policy original ↗

10 Jun 2024

Don’t mess with the international financial markets original ↗

21 Mar 2024

Searching for the scapegoat – wages in the ECB’s focus original ↗

5 Mar 2024

Supply-side policy and competitiveness for the third time – this time the jug breaks original ↗

25 Feb 2024

It is high time for Germany to understand the market economy original ↗

20 Feb 2024

Downturn in the economy and a simultaneous downturn in economic analysis original ↗

12 Feb 2024

Argentina and Turkey: Two very different countries, the same problem original ↗

6 Feb 2024

Argentina’s plan: nonsense remains nonsense, even if the IMF and “experts” support it original ↗

20 Jan 2024

Speechlessness is not politics – reflections at the turn of the year original ↗

4 Jan 2024

2023

The great illusion: COP 28 and the end of fossil fuels original ↗

15 Dec 2023

Inflation success in the USA disproves the ECB original ↗

8 Dec 2023

Debt brake litmus test – American pragmatism beats European austerity ideology original ↗

5 Dec 2023

Argentina: With the chainsaw into the abyss original ↗

21 Nov 2023

The ECB’s dogmatism reaches new dimensions original ↗

14 Nov 2023

Interest rates down!original ↗

31 Oct 2023

Eastern Europe facing a new crisis original ↗

12 Oct 2023

The political elephant in the china store – and why you can’t or won’t see it original ↗

1 Oct 2023

Flexible wages or flexible profits – how does a market economy work?original ↗

15 Sept 2023

The recession deepens original ↗

12 Sept 2023

The German and Global Malaise – from the Perspective of the Neoclassical Theory original ↗

4 Sept 2023

German producer prices also at minus six percent – interest rates down!original ↗

23 Aug 2023

I cry for you, Argentina original ↗

18 Aug 2023

Fighting recession is hopeless without an analysis of its causes original ↗

15 Aug 2023

Overkill – The ECB is driving the European economy up the wall and everyone is watching original ↗

26 Jul 2023

The US have an advantage: The statute of the ECB harms Europe original ↗

24 Jul 2023

Still on a knife’s edge? The federal government fails to recognise the true economic situation original ↗

14 Jul 2023

Falling energy prices at the producer and consumer level – what should feed continued inflation?original ↗

8 Jul 2023

The skills shortage and inflation – why ECB leaders and German immigration policy are completely off the mark original ↗

17 Jun 2023

Germany and Europe: Severe recession, falling prices and a totally misguided economic policy original ↗

11 Jun 2023

The coming dollar weakness – or how to lie to yourself original ↗

26 May 2023