Peter Bofinger - Quotes

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Germany would be the biggest loser in a euro breakup. ---->>>

One needs a comprehensive concept that decides just how much debt states like Greece, Ireland, Portugal, Spain and Italy can sustainably bear. ---->>>

I don't expect to get a standing ovation from businessmen when I call for higher wages. ---->>>

Germany is not like Ireland or Denmark. It is a country where the domestic market counts much more than the external market. ---->>>

It is true that a population which is growing older needs to save, but the question is in what form the savings are made. ---->>>

The uncontrolled increase of the euro rate vis-a-vis the dollar threatens employment growth in the euro area. ---->>>

Biography

Peter Bofinger profile (peter-bofinger.jpg)
Nationality: German
Born: 09-18, 1954
Birthplace: Pforzheim, West Germany
Die:
Occupation: Economist
Website:

Peter Bofinger (born September 18, 1954) is a German economist and member of the German Council of Economic Experts. He is the only proponent of Keynesian economics in this council. Bofinger is also the only member of the Council to advocate the adoption of a minimum wage in Germany: He argues that a minimum wage of €5 is necessary to prevent "wage dumping" and to ensure that full-time employment provides enough income (wikipedia)