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Curated by Project Syndicate

Germany in Limbo

17 commentaries

Chancellor Angela Merkel’s hopes of forming a new coalition government have been dashed by the withdrawal of the Free Democrats from talks, forcing her to resurrect the grand coalition with the Social Democrats, form a minority government, or face another general election. Project Syndicate writers reflect on the challenges Germany faces and the implications for Europe of Merkel’s weakened position.

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  1. shiller128_Drew AngererGetty Images_NYSEUSstockmarket Drew Angerer/Getty Images

    Understanding the Pandemic Stock Market

    Robert J. Shiller

    The worse economic fundamentals and forecasts become, the more mysterious stock-market outcomes in the US appear. At a time when genuine news suggests that equity prices should be tanking, not hitting record highs, explanations based on crowd psychology, the virality of ideas, and the dynamics of narrative epidemics can shed some light.

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