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Finance Minister Lindner? Nobel laureate in economics warns with big words - and recommends counterparty

2021-10-28T03:20:14.418Z


With the traffic light soundings, the post haggling begins. FDP leader Christian Lindner speculates above all the important finance ministry. But now he is facing headwinds.


With the traffic light soundings, the post haggling begins.

FDP leader Christian Lindner speculates above all the important finance ministry.

But now he is facing headwinds.

Berlin / Munich - The race for the post of future Federal Minister of Finance has picked up speed in the past few weeks.

FDP * boss Christian Lindner has made it clear several times that he considers himself the best choice at the head of the most important ministry in the future federal cabinet.

But now there is headwind from an influential side.

Nobel laureate in economics, Joseph Stiglitz, and his colleague Adam Tooze have warned against relinquishing the post of federal finance minister to the FDP leader. "The problem is not only that Lindner's economic policy - be it the debt brake or the budget rules for Europe - is an accumulation of conservative clichés," write the two economists in a guest article published on Wednesday for the weekly newspaper

Die Zeit

. "Much more important is that these are clichés from a bygone era, namely those of the 1990s."

In view of the European and global challenges, "large investments by the public sector are of central importance" - not a return to an austerity course like the one the FDP has in mind, the scientists write.

"For its own sake, Lindner should be spared the impossible task of having to apply his antediluvian budgetary agenda to today's financial situation."

Economic Nobel Prize laureate: Lindner's appointment would be a "crash test for Europe"

“Neither Germany nor Europe can afford this type of crash test,” said the economic historian Tooze and the 2001 Alfred Nobel Memorial Prize winner.

With Robert Habeck * as minister and European politician Sven Giegold as state secretary, the Greens have a "plausible leadership duo" on offer.

Both Linder and Habeck have shown interest in the position at the top of the finance ministry.

However, the possible traffic light coalitionists regularly emphasize that personnel decisions should only be clarified at the very end of the ongoing coalition negotiations.

They should be completed by the end of November.

(AFP / utz) * Merkur.de is part of IPPEN.MEDIA.

Source: merkur

All news articles on 2021-10-28

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