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European Tribune - Is the German position sustainable?
whether the ugly spectre of (gasp!) wage inflation will strike
The German government shouldn't be too worried about that one:
Brüderle backs big pay rises as economy booms - The Local
Workers hungry to share in the spoils of Germany's booming economy through higher wages have been given encouragement from a surprising place: the country's pro-business Economy Minister Rainer Brüderle.
Now, to talk about a "booming German economy" in October 2010 is a bit too celebratory, but still...


Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Migeru (migeru at eurotrib dot com) on Tue Jan 25th, 2011 at 04:54:49 AM EST

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