Der laut Cicero wichtigste Ökonom Deutschlands analysiert die aktuelle Finanzkrise. Er erklärt, warum Banker zu Glücksrittern wurden, und hinterfragt die zweifelhafte Rolle der Rating-Agenturen sowie das Engagement der deutschen Banken. Sinn blickt jedoch nicht nur zurück, sondern benennt...

What happens to classic Marxist notions of revolution, exploitation and class struggle under the premise that we live in the age of financial rather than industrial capitalism? In this essay I argue that the logic of finance is the main structuring principle of the circulation of value, capital,...

The financial crisis and subsequent economic recession led to a rapid increase in the issuance of public debt. But large-scale purchases of bonds by the Federal Reserve, and other major central banks, have significantly reduced the scale and maturity of public debt that would otherwise have been...