Hans Werner-Sinn is Professor of Economics and Public Finance at the University of Munich. He is President of the Ifo Institute for Economic Research and Director of the Center for Economic Studies at the University of Munich. He is the author of Jumpstart: The Economic Unification of Germany (MIT Press, 1994). Winner of the 2003 Financial Times Deutschland Award for the best economics book dealing with reforms
"Although Germany is having a good run at the moment, the general
experience on the Continent over the past dozen years (and the
dozen before that) has been limping, catch-up growth without
indigenous innovations, low labor force participation, and low job
satisfaction. Hans-Werner Sinn's book is essential for those who
recognize the seriousness of the problem."--Edmund S. Phelps,
McVickar Professor of Political Economy and Director, Center on
Capitalism and Society, Columbia University, and Nobel Laureate in
Economic Sciences (2006)
"Finally, an economist who tells it like it is. This book belongs
on the desks of every member of the German cabinet and every member
of the German parliament."--Hans-Olaf Henkel, Bank of America
(former President of the Leibniz Association and former President
of the Federation of German Industries)
"Germany needs a new attitude. In a time when the ifs and hows of
reforms are greatly argued over, Professor Sinn and his book are
dead right. With his knife-sharp analysis of the dire findings and
clear instructions for action, he provides the way. Required
reading."--Heinrich von Pierer, former Chairman of the Supervisory
Board, Siemens AG
"Hans-Werner Sinn is one of the leading European economists of his
generation. He cares deeply about the contribution that economists
can make to both economic and social policy, and he is clear and
articulate in both his views and his writing. Agree with him or
not, his contribution to the way Germans now see themselves is
immense, and it is set out here with vigor, verve, and a persuasive
force that is both highly readable and challenging to those he sees
as trapped in the past."--John Whalley, Professor and William G.
Davis Chair in International Trade, University of Western
Ontario
"Hans-Werner Sinn provides a well-written and well-reasoned
diagnosis of Germany's economic illness. Weaving together
historical discussion and political analysis with a wealth of data,
he separates sense from sophistry and elucidates the real choices
that Germany faces to adjust its traditional welfare state so as to
deal with its high rate of unemployment, its rapidly aging
population, its unsustainable budget, and the 'withering east.' For
those holding out hope for a painless solution, the news is not
good, but Sinn's creative vision of a stronger, viable German
economy is illuminating, not just for his country but for the many
developed nations that confront similar dilemmas."--Alan J.
Auerbach, Director, Robert D. Burch Center for Tax Policy and
Public Finance, University of California, Berkeley
"What Germany needs: unconventional ideas, creativity, openness,
and the courage to address uncomfortable themes quickly and
aggressively? Hans-Werner Sinn delivers all of this. Worth
reading."--Dieter Rampl, Chairman of the Board of Directors,
UniCredit Group
& quot; Although Germany is having a good run at the moment, the
general experience on the Continent over the past dozen years (and
the dozen before that) has been limping, catch-up growth without
indigenous innovations, low labor force participation, and low job
satisfaction. Hans-Werner Sinn's book is essential for those who
recognize the seriousness of the problem.& quot; -- Edmund S.
Phelps, McVickar Professor of Political Economy and Director,
Center on Capitalism and Society, Columbia University, and Nobel
Laureate in Economic Sciences (2006)
& quot; Finally, an economist who tells it like it is. This book
belongs on the desks of every member of the German cabinet and
every member of the German parliament.& quot; -- Hans-Olaf Henkel,
Bank of America (former President of the Leibniz Association and
former President of the Federation of German Industries)
& quot; Germany needs a new attitude. In a time when the ifs and
hows of reforms are greatly argued over, Professor Sinn and his
book are dead right. With his knife-sharp analysis of the dire
findings and clear instructions for action, he provides the way.
Required reading.& quot; -- Heinrich von Pierer, former Chairman of
the Supervisory Board, Siemens AG
& quot; Hans-Werner Sinn is one of the leading European economists
of his generation. He cares deeply about the contribution that
economists can make to both economic and social policy, and he is
clear and articulate in both his views and his writing. Agree with
him or not, his contribution to the way Germans now see themselves
is immense, and it is set out here with vigor, verve, and a
persuasive force that is both highly readable and challenging to
those he sees as trapped in the past.& quot; -- John Whalley,
Professor and William G. Davis Chair in International Trade,
University of Western Ontario
& quot; Hans-Werner Sinn provides a well-written and well-reasoned
diagnosis of Germany& rsquo; s economic illness. Weaving together
historical discussion and political analysis with a wealth of data,
he separates sense from sophistry and elucidates the real choices
that Germany faces to adjust its traditional welfare state so as to
deal with its high rate of unemployment, its rapidly aging
population, its unsustainable budget, and the 'withering east.' For
those holding out hope for a painless solution, the news is not
good, but Sinn's creative vision of a stronger, viable German
economy is illuminating, not just for his country but for the many
developed nations that confront similar dilemmas.& quot; -- Alan J.
Auerbach, Director, Robert D. Burch Center for Tax Policy and
Public Finance, University of California, Berkeley
& quot; What Germany needs: unconventional ideas, creativity,
openness, and the courage to address uncomfortable themes quickly
and aggressively? Hans-Werner Sinn delivers all of this. Worth
reading.& quot; -- Dieter Rampl, Chairman of the Board of
Directors, UniCredit Group
" Germany needs a new attitude. In a time when the ifs and hows of
reforms are greatly argued over, Professor Sinn and his book are
dead right. With his knife-sharp analysis of the dire findings and
clear instructions for action, he provides the way. Required
reading." --Heinrich von Pierer, former Chairman of the Supervisory
Board, Siemens AG
" Although Germany is having a good run at the moment, the general
experience on the Continent over the past dozen years (and the
dozen before that) has been limping, catch-up growth without
indigenous innovations, low labor force participation, and low job
satisfaction. Hans-Werner Sinn's book is essential for those who
recognize the seriousness of the problem." --Edmund S. Phelps,
McVickar Professor of Political Economy and Director, Center on
Capitalism and Society, Columbia University, and Nobel Laureate in
Economic Sciences (2006)
" Finally, an economist who tells it like it is. This book belongs
on the desks of every member of the German cabinet and every member
of the German parliament." --Hans-Olaf Henkel, Bank of America
(former President of the Leibniz Association and former President
of the Federation of German Industries)
" Hans-Werner Sinn is one of the leading European economists of his
generation. He cares deeply about the contribution that economists
can make to both economic and social policy, and he is clear and
articulate in both his views and his writing. Agree with him or
not, his contribution to the way Germans now see themselves is
immense, and it is set out here with vigor, verve, and a persuasive
force that is both highly readable and challenging to those he sees
as trapped in the past." --John Whalley, Professor and William G.
Davis Chair in International Trade, University of Western
Ontario
" Hans-Werner Sinn provides a well-written and well-reasoned
diagnosis of Germany’ s economic illness. Weaving together
historical discussion and political analysis with a wealth of data,
he separates sense from sophistry and elucidates the real choices
that Germany faces to adjust its traditional welfare state so as to
deal with its high rate of unemployment, its rapidly aging
population, its unsustainable budget, and the 'withering east.' For
those holding out hope for a painless solution, the news is not
good, but Sinn's creative vision of a stronger, viable German
economy is illuminating, not just for his country but for the many
developed nations that confront similar dilemmas." --Alan J.
Auerbach, Director, Robert D. Burch Center for Tax Policy and
Public Finance, University of California, Berkeley
" What Germany needs: unconventional ideas, creativity, openness,
and the courage to address uncomfortable themes quickly and
aggressively? Hans-Werner Sinn delivers all of this. Worth
reading." --Dieter Rampl, Chairman of the Board of Directors,
UniCredit Group
--Alan J. Auerbach, Director, Robert D. Burch Center for Tax Policy
and Public Finance, University of California, Berkeley
--Dieter Rampl, CEO, HypoVereinsbank Group
--Hans-Olaf Henkel, President, Gottfried Wilhelm Leibniz Economics
Group
--John Whalley, Professor and William G. Davis Chair in
International Trade, University of Western Ontario
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