what was the view of german
economist?
Answers
Answer:
MAKE THIS AS BRAINLIEST
Explanation:
PUT five economists in a room, on Winston Churchill's arithmetic, and you get five opinions—unless one is Keynes, when you get six. In Germany the sums have usually been simpler: you get just two opinions, with four economists sharing one point of view, and the fifth a token Keynesian, sent by the trade unions. Yet German economists are becoming more like their peers abroad. The typical specimen is becoming more empirical, pragmatic and ready for controversy, after a period when he was usually long on theory and reluctant to criticise colleagues.
This change has now reached the pinnacle of Germany's “five wise men”, the country's council of economic experts. Earlier this month, a public dispute erupted among the five (actually they are four men and one woman). What is more, they are likely to pick as their next chairman Bert Rürup, a hands-on, down-to-earth academic. This could have an influence on policy, for the underlying row among the five wise men was really about how to get the economy growing again. One of them, Peter