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MPI in the Media: Never Let a Good Crisis Go to Waste

Photo: David Ausserhofer

Difficult times, in which nobody knows exactly what to do, also offer us the chance to push through individual interests. Dusty proposals and draft laws are put back on the table as a panacea: If only the politicians had listened to us sooner! Now is the time!

But the Corona crisis does not provide convincing reasons for globalisation bashing, for nationalisation or for turning around the European financial architecture of the public sector immediately and quickly for the decades after the crisis, argue Kai A. Konrad, Director at the Max Planck Institute for Tax Law and Public Finance, and Marcel Thum, Professor of Economics at the TU Dresden.

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April, 2020