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Shlomo Avineri

Shlomo Avineri

53 commentaries

Shlomo Avineri, Professor Emeritus of Political Science at the Hebrew University of Jerusalem and a member of the Israel Academy of Sciences and Humanities, served as Director-General of Israel’s foreign ministry under Prime Minister Yitzhak Rabin. He is the author of, among others, Theodor Herzl and the Foundation of the Jewish State and Karl Marx: Philosophy and Revolution.

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  1. op_schauble6_YANNSCHREIBERAFPviaGettyImages_ecbcovid Yann Schreiber/AFP via Getty Images

    Are We Risking a Debt Pandemic?

    Wolfgang Schäuble

    Even in a crisis as grave as the COVID-19 pandemic, money is not a panacea, and borrowing makes sense only if it is carried out prudently and reasonably. Otherwise, states will jeopardize their long-term financial flexibility, price stability, and competitiveness.

    worries that monetization of pandemic-related government borrowing will boost inflation and erode competitiveness.
    4

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