The Macro Letter

The Macro Letter

Schäuble’s Ghost

Many things are wrong with Germany's economy today--fiscal policy is one of them.

Dimitris Valatsas's avatar
Dimitris Valatsas
Jan 22, 2024
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Wolfgang Schäuble died late last year at the age of 81. Though he held many posts throughout his long career (he first became a minister without portfolio in 1984), he became a household name in the macro community, as well as my home country of Greece, for his tenure as finance minister during the Eurozone crisis. Or, in the words of the Economist, as …

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