Michael Heise
Michael Heise is Chief Economist of Allianz SE and the author of Emerging From the Euro Debt Crisis: Making the Single Currency Work.
Michael Heise is Chief Economist of Allianz SE and the author of Emerging From the Euro Debt Crisis: Making the Single Currency Work.
Record levels of migration to Germany over the last two years have called into question population projections. But because German society will still continue to age in the coming decades, policymaker… read more
US President Donald Trump wants not only to lower the overall tax burden, but also to “rebalance” the tax system to encourage domestic production and exports, possibly with a border-adjustment tax. Bu… read more
Many central bankers, intoxicated by rigid neo-Keynesian models of the effects of interest rates on demand and inflation, are ignoring a major lesson from decades of experimentation: the impact of mon… read more
In recent years, inequality has been at the forefront of public debate in most advanced economies, blamed for everything from low growth and stagnating productivity to the rise of populism and the Bre… read more
The long-running debate about the advisability of so-called helicopter money has changed shape, as new ideas emerge about the form it could take – and questions arise about whether it is already being… read more
With the ECB's expansionary policies having failed to push inflation rates back up to the authorities' target of “below but close to 2%,” some economists are now advocating so-called “helicopter drops… read more
As economic recovery finally begins to take hold in Europe, the imperative for policymakers is to ensure that growth can be sustained far into the future. To do so, they will have to address the bigge… read more
The debate over whether Greece should leave the eurozone has revived the idea that Germany, and other similarly strong economies, would do the rest of the continent a favor if they were the ones to le… read more
While no one disputes that things have gone wrong in Greece, the Syriza-led Greek government's argument that fiscal consolidation necessarily leads to never-ending recession – which forms the core of … read more
