Articles
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New Paradigm -
Corona Crisis Leopoldina – Corona Pandemic Intensifies Need for Action in German Economic and Social Policy
In their latest statement, scientists analyze the Corona-related economic and social policy situation and outline a possible way out of the crisis.
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The State The disenchanted state
A new book revolves around the question of what the state can learn from the pandemic in order to act more efficiently and crisis-proof in the future.
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Finance Forum Newsletter #46 – Wrap-up from the New Economy
A new era of debt creation? - Short Cut Series on the Federal Election - The Forum Grows
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The State How much debt is too much?
In light of record levels of public debt, the question of how much debt is too much debt is on the table. Four economists have now discussed this question in a panel discussion.
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New Paradigm Upcoming New Paradigm Events
We host workshops, seminars and expert meetings to promote exchange and discussion about the great challenges of our time. An overview of what's to come. +++ Prosperity Symposium, Politician Short Cut +++
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The State “Trickle-down economics has never worked.”
US president Joe Biden calls to build the US economy from the middle and bottom up – a clear opposition to tax cuts for corporations and the rich.
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New Paradigm Forum Newsletter #45 – Wrap-up from the New Economy
Economy beyond lobby clichés - Millionaires in favor of wealth taxes - New Forum Papers - Symposium on August 31
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The State How German companies feel about key election issues – A mood survey
How do German companies view key campaign issues such as industrial and climate policy shortly before the election? Deutsche Bank surveyed 200 companies on this issue - with surprisingly heterogeneous results.
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Finance A new German fiscal policy framework
In view of high levels of Corona debt, dealing with the German debt brake has become one of the hotly debated election campaign issues. A new study shows what German fiscal policy beyond the current debt rules could look like.
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Climate Climate policy and the modern state: A hydrogen package for Germany
Green hydrogen is considered an essential component for the climate transition. A new study by Tom Krebs develops a modern hydrogen strategy for Germany.
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Europe Forum Newsletter #44 – Wrap-up from the New Economy
Italy clichés in the Short Cut check - next Tuesday I Growing or shrinking - solution to major dispute?
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New Paradigm The Forum in the media – green investments, debt brake and income inequality
The 2021 federal election is approaching - and with it the question what the future of the German model may look like. The VIII New Paradigm Workshop provided food for thought and an outline of possible answers, which SZ, Spiegel and co picked up on. An overview.
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Europe New Economy Short Cut – Italy: Europe´s basket case?
In a new edition of our New Economy Short Cut series, Philipp Heimberger and Daniel Stelter have discussed the case of Italy.
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Finance On climate, jobs and financial stability: Towards a new mandate for central banks?
Whether the ECB needs a new mandate was discussed on the VIII. New Paradigm Workshop by Isabel Schnabel, Adam Tooze, Moritz Schularick, and Laurence Tubiana.
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Europe Towards new fiscal rules for the euro zone?
Prominent French economists around Macron have written a reform proposal for the European Stability and Growth Pact and have discussed it at the VIII. New Paradigm Workshop.
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Finance Financial supervision post Wirecard – Time for a new paradigm
Gerhard Schick and Martin Hellwig presented their suggestion of a paradigm change in German financial supervision on the VIII. New Paradigm Workshop.
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Climate Climate Challenge: Will Germany manage the transition?
The main question of the climate session on the VIII. New Paradigm Workshop was, how Germany can manage the transition to climate-neutrality by 2050 - or 2045.
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The State Beyond the debt brake – Towards a more flexible German fiscal policy?
At the moment, there is much debate about the German debt brake. At the VIII. New Paradigm Workshop, Philippa Sigl-Glöckner and others discussed a proposal for a reform commissioned by the Forum New Economy.
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The State The Prudence Principle: A New Framework for Fiscal Policy
Mark Blyth and Eric Lonergan have presented their Forum paper on how, in principle, rules could be established that would be better than debt targets that have dominated in recent decades, especially in Europe.
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New Paradigm Economics of populism – Bidenomics as a blueprint for winning back the left behind?
Robert Gold has written a Forum New Economy study on the socio-economic causes of populism, which he presented at the VIII. New Paradigm workshop.
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Globalization Talk with Dani Rodrik and Joe Kaeser: Capitalism under pressure – How to make globalization work for all
In their talk at the VIII. New Paradigm Workshop, Harvard economist Dani Rodrik and former Siemens CEO Joe Kaeser talked about good job policies, the purpose of business, and the taxation of SUVs.
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Inequality Inequality in Germany – How to reverse the trend
Gibt es in Deutschland nur ein gefühltes Auseinanderdriften von Einkommen und Vermögen? Die Faktenlage und die Beurteilung konkreter Politikmaßnahmen bei dem VIII. New Paradigm Workshop.
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New Paradigm VIII. New Paradigm Workshop, May 25-27- Day 2
New world of fiscal rules - Germany's climate bet - What helps against Wirecard? - with Jörg Kukies, Tom Krebs, Nora Szech, Mark Blyth, Jakob von Weizsäcker, Monika Schnitzer, Harold James and many more.
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New Paradigm VIII. New Paradigm Workshop, May 25-27 2021 – Day 1
How to tackle inequality? Will Bidenomics help against Trump? Talk with Joe Kaeser and Dani Rodrik.
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The State New Fiscal Rules for Europe?
Prominent French economists around President Macron are calling for a reform of the European Stability and Growth Pact, causing much excitement in Brussels and Berlin.
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Globalization The roaring globalization of the 2020s? Harold James says a new golden age of globalization is approaching
Princeton professor Harold James explains why the current crisis, like past crises, could trigger a new push for globalisation - on 26 May at our VIII New Paradigm Workshop.
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New Paradigm The tax policy whisperers behind Joe Biden
In their book on the "Triumph of Injustice", Emmanuel Saez and Gabriel Zucman have mapped out much of what the new US president is now trying to correct in terms of tax policy. A book prize appreciation.
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Corona Crisis World Summit for A Systemic Recovery from the Pandemic
What a selection of the world's most renowned economists recommends - short report from an impressive NAEC conference.
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Finance Joint call for 21st Century Central Banking
Promising to some - a nightmare for others: should the ECB care about climate and justice? Experts have tried to work out what this might look like in a joint call.
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The State Controversy over rent cap
What are the current economic debates on housing? A brief overview of the most important points of contention.
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New Paradigm Germany’s confused fear of hyperinflation
Why are Germans so different when it comes to inflation fears? A new study sheds light on German scepticism towards monetary expansion.
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New Paradigm Quick & New: Washington consensus 2.0?
The Washington consensus has for long time been the symbol of market liberalism. Now, there may be a „new Washington consensus“, writes Martin Sandbu from the Financial Times based on what the International Monetary Fund and the World Bank argue in recent publicatioins around their traditional spring meetings.
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Corona Crisis Servaas Storm: Austerity raises Covid deaths
So far, the Covid-19 pandemic has caused almost three million deaths worldwide. Have austerity measures made the pandemic worse? According to Servaas Storm, the answer to this question is clear.
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New Paradigm Is the race to the bottom of corporate taxation finally coming to an end?
Yellen's call this week for global minimum corporate tax buries a weighty part of the old paradigm - the unhealthy tax competition between states.
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New Paradigm Interview with Larry Kramer: The Road to Paradigmatic Change
We discussed with Larry what it takes to create a new paradigm and whether the new US administration will turn things around.
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New Paradigm Bidenism and the American Rescue Plan – Part II
Right after getting the $1.9 trillion rescue plan approved, Biden is ready to push for a $3 trillion infrastructure package. How do these measures reflect the changes in economic theory and policy debates?
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New Paradigm Paradigm Shift in Albania – FES Study on the Relationship between Market and State
The Economy for All initiative of the Friedrich-Ebert-Stiftung presented and discussed a new study on paradigm change on 18.3.2021. Also on the panel that discussed the study – Forum New Economy.
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The State Makronom Series on the Relationship between the Market and the State in the Post-Corona Age.
COVID19 and the climate crises, growing inequality and financial market stability: almost everywhere, the relationship between markets and governments needs to be re-examined. A review of the series in the online magazine Makronom.
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New Paradigm New Economy Short Cut – Martin Sandbu´s Economics of Belonging
On the 10th edition of our New Economy Short Cut series Martin Sandbu presented his new book "Economics of Belonging: A Radical Plan to Win Back the Left Behind and Achieve Prosperity for All"
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New Paradigm From Reaganomics to Bidenism?
Could Joe Biden’s big package be the start of a whole new paradigm of economic policy making?
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The State Stephan Weil on the challenges for the automotive location Lower Saxony – Video
At our recent seminar on the transformation of the German car industry, the Minister President of Lower Saxony talked about the implications of the transformation of the German car industry for the Volkswagen region and the state government's contribution.
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New Paradigm Favorite Readings for a New Paradigm – Winter 2020/21
Every three months Forum New Economy is showcasing a hand full of selected research papers that lead the way towards a new economic paradigm.
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Finance Re-Watch: New Economy Short Cut & INET Debt Talk – Who’s Afraid of European Banks?
Join us for our ninth edition of the New Economy Short Cut, this time in partnership with the Institute for New Economic Thinking. With Martin Arnold, Elena Carletti and Richard Vague; moderated by Thomas Fricke and Moritz Schularick
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Innovation Lab Jenseits des Wachstums: Auf dem Weg zu einem neuen ökonomischen Ansatz
Der OECD-Bericht von Michael Jacobs ist jetzt auf Deutsch verfügbar.
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New Paradigm Forum Newsletter #39 – Wrap-up from the New Economy
Economists and the Rent Cap - John Maynard Keynes - Isabel Schnabel
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Europe Debate on Debt Relief Ignites
A debate on the future of debt in Europe has been ignited by a call from more than 150 economists for the ECB to cut debt of European countries.
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New Paradigm Event – Beyond Growth – Towards a New Economic Approach
Michael Jacobs, Denis Snower, Katharina Beck, Christoph Schmidt and Nicola Brandt discuss on February 15 about the meaningfulness of growth and how to make economic policy more goal-oriented.
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The State Olaf Scholz and the missions of the future
The German finance minister and SPD shadow chancellor presents what big missions the country needs. This sounds a lot like Mariana Mazzucato, who recently applied the concept to Germany in a study for the Forum.
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New Paradigm Forum Newsletter #32 – Wrap-up from the New Economy
Why german economic liberalism still has its work cut out for it.
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New Paradigm Why (and how) liberalism must reinvent itself in the 21st century.
Timothy Garton Ash describes what should replace the failed technocratic economic liberalism of the past three decades.
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New Paradigm A Wind of Change with Bernie Sanders as Budget Chair?
Bernie Sanders becomes chairman of the important Budget Committee in the US-Senat. Rob Johnson talks about the importance of the position and what Sanders' appointment may mean for future policies.
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New Paradigm Introducing the Forum New Economy Working & Basic Paper Series
Since our launch in 2019 we published more than a dozen studies. Here you can find an overview of all of our studies.
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New Paradigm Registration: VIII New Paradigm Workshop
Register now for our next workshop "On the future of the German economic model II - Prospects for the next legislative term"
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Innovation Lab Video – New Economy Short Cut – Top economists argue over top textbooks
Peter Bofinger has caused quite a stir with his criticism of two of the most legendary economics textbooks - now he had the chance to argue with the author, Greg Mankiw himself, about the famous textbooks. The two were joined on the panel by Anna Reisch and Rudi Bachmann.
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Globalization New Economy Working Paper – How to reduce Germany’s current account surplus
Trump will go. But what about US complaints about Germany’s export surplus? Probably not, argue Achim Truger, Jan Behringer and Till van Treeck in an upcomming Op-Ed for the SZ which is based on a study for Forum New Economy.
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Climate Expert-Seminar – The transformation of the automobile industry in Germany
On 24 February, Forum New Economy organised an online expert seminar on the transformation of the automobile industry where the impact of the transport turnaround on car regions and employment was discussed.
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New Paradigm Retrospect and outlook 2021
We take a look at what the past year has meant for us, as a Forum, and for us all - and give you a glimpse of the exciting projects we are planning for 2021.
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The State A Debt Brake for the 21st Century
In a newly published piece on Makronom, Philippa Sigl-Glöckner lays out her formula for a reform of the German debt brake.
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Inequality New Studies out now: What Drives Inequality in Germany?
In a two-part study commissioned by Forum New Economy, Charlotte Bartels and Carsten Schröder investigate the state of inequality and its drivers.
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Corona Crisis New Economy Working Paper – Change only through crisis?
A new study by Laurie Laybourn-Langton reflects on the strategies for a paradigm shift in an age of coronavirus and environmental breakdown.
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New Paradigm Re-live – New Economy Short Cut with James K. Galbraith – Will Joe Biden bring the Green New Deal?
Green New Deal or stagnation in the old world? What does the upcoming Biden-presidency mean for the economic outlook of the US? Watch the video with James K. Galbraith here.
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New Paradigm Normalcy or (Green) New Deal? Joe Biden’s Economic Team and the prospects for a paradigm change
The economists that will be working for the president elect will likely focus on strengthening the power of labor, but will it be an all-encompassing paradigm shift?
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Europe Preview: Should Germany issue perpetual bonds for European solidarity? – Discussion of the proposal by George Soros
On December 4 at 4 pm CET, INET and the Young Scholars Initiative will host a discussion on the future of European fiscal capacity.
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The State Mariana Mazzucato & Rainer Kattel in the FAZ: “The State must do better”
In a guest article for the Frankfurter Allgemeine Sonntagszeitung, Mariana Mazzucato and Rainer Kattel plead not for more or less state, but for a better one.
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The State New Economy Working Paper – Challenge-driven economic policy – A new framework for Germany
A new study by Mariana Mazzucato and her team from the Institute for Innovation and Public Purpose at University College London
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The State New Economy Working Paper out – A new paradigm for Germany’s fiscal policy after Corona
A new study by Michael Hüther (IW Köln) and Jens Südekum (DICE) looks into the past and the future of the German debt brake.
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New Paradigm Favorite Readings for a New Paradigm – Autumn 2020
Every three months Forum New Economy is showcasing a hand full of selected research papers that lead the way towards a new economic paradigm.
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The State Video – New Economy Short Cut on the US Election Outcome
The US-citizens voted in what is deemed to be one of the most important elections of western democracies. We discussed the (preliminary) result with Katharina Pistor and Rüdiger Bachmann at November 4 from 3pm CET onwards.
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Innovation Lab Robert J. Shiller on “Narrative Economics – How Stories Go Viral and Drive Major Economic Events”
The Nobel Prize-winning economist explains the idea behind his research on economic narratives and enumerates the main findings included in the book.
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New Paradigm The Future of the German Economic Model: All Studies in Brief
The Wirtschaftsdienst has published an abridged version of the studies commissioned by the Forum New Economy from Michael Hüther, Jens Südekum, Marianna Mazzucato, Charlotte Bartels, Achim Truger, Till van Treeck and many more.
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New Paradigm Forum New Economy and Wirtschaftsdienst: Does Germany need another economic model?
Is the German economy prepared for the tasks of our time? Thomas Fricke details what the Forum New Economy discussed at the seventh New Paradigm Workshop and what it identifies as the pressing issues lying ahead.
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Innovation Lab Video – New Economy Short Cut on Job Guarantee Programs
Why do we accept unemployment as a given in our economies? Together with Pavlina Tcherneva and Dirk Ehnts we discussed this incremental question. Rewatch the session here and read up on our comment of her book.
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New Paradigm Changing directions – IMF´s new World Economic Outlook
Is this the time for a paradigm change? A closer look at the newly released WEO of the IMF hints that a reconsideration of the old narratives may be under way.
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Innovation Lab Forum New Economy book presentation: Robert Shiller on Economic Narratives
On October 29 we welcomed Nobel laureate Robert Shiller to talk about his new book "Narrative Economics: How Stories Go Viral and Drive Major Economic Events".
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New Paradigm Preview: New Economy Short Cut with Pavlina Tcherneva and Dirk Ehnts
On 26 October at 6 pm CET we will discuss job guarantee programmes with MMT experts Pavlina Tcherneva and Dirk Ehnts.
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Europe Recap and Video: Forum Seminar – A European Hamilton Moment
What is a "Hamilton Moment" and did the EU have its own during the corona crisis? Together with renowned experts from the finance ministries of France and Germany, the Forum discussed this on Wednesday, October 7. in an expert seminar.
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Uncategorized Heads up – NAEC conference on Confronting Planetary Emergencies
A short preview of what will be the focus of discussion at the upcoming conference organised by NAEC and P4NE and a warm invitation to register for the event.
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Corona Crisis Highlights: Prospects for Germany beyond Corona: role model or sick person?
An excerpt of the discussion among Maja Göpel, Véronique Riches-Flores, Holger Schmieding and Marcel Fratzscher on the efficacy of Germany´s answer to the Corona crisis and what awaits the country after the pandemic
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New Paradigm Review of the workshop on the future of the German economic model
Almost 60 speakers joined us in analysing the future of the German economic model. What was remarkable? What do we take away with us and what remains to be done?
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Europe Highlights – Thomas Piketty on the German ideology and the renovation of Europe
We summarize the keynote of Thomas Piketty at the 7th New Paradigm Workshop and his discussion with Moritz Schularick and Veronika Grimm.
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The State Highlights – A Talk between Joseph E. Stiglitz and Olaf Scholz
We summarize the talk at the 7th New Paradigm Workshop between Nobel laureate Joseph Stiglitz and Federal Finance Minister Olaf Scholz from the SPD.
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Corona Crisis Forum New Economy and Forsa: Majority of Germans support interventions in the economy
A Forsa survey commissioned by the Forum New Economy shows high approval for corona measures of the German government and a need for action in the economic system.
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Inequality House ownership makes wealthy – especially in the West of Germany – The Forum New Economy Der Spiegel
One becomes wealthy in the Federal Republic with enterprises or real estate. But even 30 years after reunification, the East still lags behind the West when it comes to ownership of apartments and houses. This is shown in a study by DIW researchers commissioned by the Forum New Economy.
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New Paradigm The Forum New Economy in the media
Around the large workshop on the future of the German economic model, the Forum New Economy presented numerous studies and surveys. These were included in some articles in the media. Here you can find an overview of German newspaper articles.
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New Paradigm Re-live: Corona and its lessons: Which understanding of the state will make Germany successful?
Hardly anyone was as much in focus during the crisis as Health Minister Jens Spahn. How has the crisis changed his understanding of a functioning state? Here is his keynote speech and the discussion in the re-live.
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New Paradigm Re-live: 30 years after unification – Does capitalism need an overhaul?
SPD co-leader Norbert Walter-Borjans debated the state of German capitalism at our workshop with Lisa Paus, Johannes Vogel and Dalia Marin. Here you can rewatch the discussion.
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New Paradigm The future of the German model – a preview of the workshop-highlights
News on inequality, a new German industrial policy, the end of the debt brake - and an exclusive survey on the crisis of capitalism. A guided tour in advance.
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New Paradigm Quick & New: INET-Book presentation – Inequality from Reagan to Trump
Lance Taylor and Özlem Ömerpresent their new book on the history of macroeconomic inequality in the USA from Reagan to Trump.
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Innovation Lab Beyond Growth: Towards a New Approach
The OECD has published a new report by Michael Jacobs, prepared for New Approaches to Economic Challenges (NAEC), September 2020.
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New Paradigm Preview: VII New Paradigm Workshop – On the future of the German economic model
30 years after German unification, we will host our next workshop on the future of the German model. The seventh New Paradigm Workshop will take place from September 28 to 30, virtually and hopefully in Berlin.
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Globalization Video: New Economy Short Cut with Matt Klein and Till van Treeck
In the fourth edition of our New Economy Short Cuts we discussed Germany's current account surplus with Matt Klein and Till van Treeck. Watch the video here.
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New Paradigm Favorite Readings for a New Paradigm – Summer 2020
Every other month Forum New Economy is showcasing a hand full of selected research papers that lead the way towards a new economic paradigm.
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Innovation Lab Video: New Economy Short Cut with Mark Blyth and Eric Lonergan
In the third edition of our Short Cuts we had the pleasure of hosting Mark Blyth and Eric Lonergan to talk about their new book "Angrynomics".
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New Paradigm Open Letter: Prominent Economists Demand End of Carbon Economy
Numerous renowned economists such as Mariana Mazzucato, Gabriel Zucman, Joseph Stiglitz and Dani Rodrik have published a joint letter in which they call for a fundamentally new economic approach.
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Innovation Lab Measuring What Matters – A GDP Critic
Joseph Stiglitz describes the problematic focus on GDP when measuring the well-being of societies. He advocates for the use of a dashboard with individual indicators for each country.
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Globalization The Fall of the Wall and the “Schwarze Null” – Understanding Germany’s Surplus
Review of Chapter 5 in Michael Pettis' and Mathew Klein's “Trade Wars are Class Wars” by Marc Adam
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The State BMWi-Beirat empfiehlt Erhöhung der Mittel für öffentliche Investitionen
Ein Gutachten des Wissenschaftlichen Beirats beim Bundesministerium für Wirtschaft und Energie stellt fest, dass in Deutschland schon seit vielen Jahrzehnten deutlich zu wenig in die öffentliche Infrastruktur investiert wird.
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New Paradigm Kapitalismus am Pranger – mehr als Gejammer
Mehr als die Hälfte der Deutschen zweifelt am Kapitalismus – das bringt auch die FAZ ins Grübeln. Ein Auflösungsversuch.
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Europe The Global Consequences of Germany’s “Educational Imperialism”
Matthew Klein describes how Germany's export strategy is damaging Europe and the rest of the world.
