- Die Schuldenbremse 📚
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- Publication date: 2015-10-07
- Read: Aug 22, 2025
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In the same spirit that made me read Naked Economics I had also asked a friend who’s an economist whether he knew any good books to learn the basics about economics but also specifically about the “Schuldenbremse”, Germany’s balanced budget amendment flippantly called “debt brake”. So he recommended me Bajohr’s essay on the topic which ended up a very brief but interesting read. The author collects a good amount of history on the topic and how it came to be and then goes on to outline his critique of it and how it doesn’t help in many cases and in others even makes things worse. It is written in a very accessible way even for someone like me who’s not super well versed in economics terms and theories. I can highly recommend it if you want to learn about this topic that was a huge contributing factor in the failing of the last German government.