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Wolfgang Schäuble

Wolfgang Schäuble

Writing for PS since 2002
5 commentaries
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Wolfgang Schäuble, current President of the Bundestag, was Germany’s Federal Minister of Finance from 2009 to 2017. He previously served as Minister of the Interior during the governments of Angela Merkel (2005-09) and Helmut Kohl (1989-91), and has been Chairman of Germany’s ruling Christian Democratic Union.

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  1. oneill69_Malte Mueller Getty Images_handholdingdollarsign Malte Mueller/Getty Images

    A Living Wage for Capitalism

    Jim O'Neill

    Higher nominal wages for low-paid workers can boost real earnings, increase consumer spending, and help make housing more affordable. And insofar as raising the minimum would increase companies’ wage bill, it would create a stronger incentive to replace labor with capital, which could lay the foundation for renewed productivity growth.

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