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Otmar Issing

Otmar Issing

16 commentaries

Otmar Issing, former chief economist and member of the board of the European Central Bank, is Honorary President of the Center for Financial Studies at Goethe University Frankfurt.

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  1. Can the ECB Escape Its Own Trap?
    issing16_Andreas RentzGetty Images_christinelagarde Andreas Rentz/Getty Images

    Can the ECB Escape Its Own Trap?

    Jun 7, 2023 Otmar Issing examines the policy dilemma facing central banks as they try to shrink their bloated balance sheets.

  2. The ECB’s Political Overreach
    issing15_Boris Roesslerpicture alliance via Getty Images_ecb Boris Roessler/picture alliance via Getty Images

    The ECB’s Political Overreach

    Jul 27, 2022 Otmar Issing thinks a new asset-purchase program will push the central bank further into a domain where it doesn't belong.

  3. The High Stakes of Rising Inflation
    issing14_OLIVIER DOULIERYAFP via Getty Images_fed reserve inflation OLIVIER DOULIERYAFP via Getty Images

    The High Stakes of Rising Inflation

    Nov 30, 2021 Otmar Issing warns that growing pressure on prices is a global phenomenon, posing a crucial test for central banks.

  4. The Return of Inflation?
    issing13_Getty Images_inflation Getty Images

    The Return of Inflation?

    Jul 16, 2021 Otmar Issing worries that central banks are ignoring potential new sources of upward price pressure and uncertainty.

  5. The MMT Myth
    issing12_matthiashaas_getty Images_printing money mmt Matthias Haas/Getty Images

    The MMT Myth

    Nov 3, 2020 Otmar Issing explains why Modern Monetary Theory amounts to (poisonous) old wine in a new bottle.

  1. watkins29_Luis AlvarengaGetty Images_brazilfoodprogram Luis Alvarenga/Getty Images

    How the G20 Could Help Eliminate Hunger and Extreme Poverty

    Kevin Watkins urges the group’s members to harness their economic and political power to advance shared development targets.
  2. bildt125_SERGEI SUPINSKYAFP via Getty Images_ukraine Tom Williams/CQ-Roll Call, Inc via Getty Images

    A Hillbilly Elegy for Ukraine and the West

    Carl Bildt considers the disastrous implications of US vice-presidential nominee J.D. Vance’s worldview.
  3. zizek33_CRISTINA ALDEHUELAAFP via Getty Images_agbogbloshie Cristina Aldehuela/AFP via Getty Images

    We Are All Biomass

    Slavoj Žižek sees our shared environmental predicament as a stronger basis for solidarity than appeals to compassion.
  4. Kurz_Say-More_NanoStockk-via-GettyRF Kurz_Say-More_NanoStockk-via-GettyRF

    Mordecai Kurz on market power, Big Tech, antitrust, and more

    Mordecai Kurz explains how technology firms abuse patent law to establish and preserve monopolies, criticizes the US Supreme Court’s approach to market power, sheds light on the relationship between innovation and inequality, and more.
  5. khrushcheva183_Andrew HarnikGetty Images_biden Andrew Harnik/Getty Images

    Biden Rejects the Drug of Power

    Nina L. Khrushcheva

    Joe Biden's decision to drop out of the presidential race reflects a humility that is far more likely to be found among democratic leaders than authoritarians. But as Donald Trump has shown – with his efforts to overturn the 2020 election and his vow to be a dictator “on day one” – such humility is never guaranteed.

    praises the US president for stepping aside to let a younger candidate take over.
  6. kisilowski11_ BRENDAN SMIALOWSKIAFP via Getty Images)_trump BRENDAN SMIALOWSKI/AFP via Getty Images

    Impunity for Authoritarians Fuels Political Violence

    Maciej Kisilowski explains why allowing corrupt leaders to evade justice can stoke public fear and discontent.
  7. lalwani2_SAID KHATIBAFP via Getty Images_journalism SAID KHATIB/AFP via Getty Images

    As Disinformation Thrives, Democracy Dies

    Nishant Lalwani, et al. argue that increased aid for independent media is necessary to defend press freedom in the developing world.
  8. lcarvalho1_Ton MolinaNurPhoto via Getty Images_lulaclimatechange Ton Molina/NurPhoto via Getty Images

    The Dead Hand of Neoliberalism Is Blocking Green Growth

    Laura Carvalho sees rich countries pursuing industrial strategies while poorer countries are prevented from following suit.
  9. haass169_Brandon BellGetty Images_harris Brandon Bell/Getty Images

    Will the Democrats Win After Biden’s Withdrawal?

    Richard Haass

    US President Joe Biden’s decision to drop out of the 2024 presidential race has revived the Democrats’ chances of victory. Given the profound differences between the two parties, it is difficult to exaggerate just how much is at stake when Americans vote this November.

    explains how the new Democratic nominee could get out from under the shadow of an unpopular president.

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