This paper explains the different trajectories of German and American competition policy and its permissiveness toward economic concentration in the last few decades. While the German political eco...

Varieties of Economization in Competition Policy: Institutional Change in German and American Antitrust, 1960–2000

This paper investigates the (lack of any lasting) impact of John Maynard Keynes’s General Theory on economic policy-making in Germany. The analysis highlights the interplay between economic history...

/pdf/how-germany-s-anti-keynesianism-has-brought-europe-to-its-2upmzkj7kl.pdf

"How Germany's Anti-Keynesianism Has Brought Europe to Its Knees"

The end of the social democratic century has marked the beginning of a new era of political and economic imbalance in Europe. These dynamics are visible even in Germany, despite its reputation for ...

https://www.tandfonline.com/doi/pdf/10.1080/09644008.2020.1752677

Germany After the Social Democratic Century: The Political Economy of Imbalance

The 2008 financial crisis led to more and more frequent political attacks on central banks. The recent spotlight on central bank independence is reminiscent of the fiery debates amongst Germany's political elites in 1949 on the same issue; debates that were sparked by the establishment of West Germany in that year. Simon Mee shows how, with the establishment of West Germany's central bank - today's Deutsche Bundesbank - the country's monetary history became a political football, as central bankers, politicians, industrialists and trade unionists all vied for influence over the legal provisions that set out the remit of the future monetary authority. The author reveals how a specific version of inter-war history, one that stresses the lessons learned from Germany's periods of inflation, was weaponised and attached to a political, contemporary argument for an independent central bank. The book challenges assumptions around the evolution of central bank independence with continued relevance today.

Central Bank Independence and the Legacy of the German Past

The transformation of Germany's political economy in the last few decades has strongly been influenced by the SPD. Still, the economic programme of the SPD remains contested since several authors c...

/pdf/the-political-economy-of-the-spd-reconsidered-evidence-from-50ufcdzrr6.pdf

Christopher S. Allen

Papers

The underdevelopment of keynesianism in the federal republic of germany