Volker Wieland: "New upswing without government debt - is that possible?" (Ludwig-Erhard-Stiftung)

A new upswing without government debt - Prof. Volker Wieland explains how this can be achieved in the Ludwig Erhard Foundation's brochure “Prosperity for all - Confidence” and refers to the Netherlands, Denmark and Switzerland. “What is needed is a supply-oriented economic policy,” says Wieland.

 

He rejects the idea that the debt brake must give way if we want to have a competitive infrastructure and maintain prosperity. In his view, sustainable prosperity is compatible with low public debt ratios.

Wieland explains what this could look like in concrete terms: “Less regulations and bureaucracy, more reliability in the framework conditions instead of fine regulation and subsidies, limiting the continued increase in social spending, using financial leeway for investments, security and a competitive tax and contribution system.”

Ludwig Erhard Foundation, "Wohlstand für alle - Zuversicht": "Neuer Aufschung ohne Staatsschulden - geht das?"