Die Funktionsbedingungen einer resilienten Wirtschaft
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Die Funktionsbedingungen einer resilienten Wirtschaft
Vierteljahrshefte zur Wirtschaftsforschung, Vol. 91 (2022), Iss. 2 : pp. 71–102
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Elke Muchlinski, Berlin School of Economics and Law11PD Dr. Elke Muchlinski, Berlin School of Economics and Law (https://www.hwr-berlin.de/hwr-berlin/ueber-uns/personen/465-elke-muchlinski/). Ich danke Philipp Lindemann für wertvolle Hinweise zu dieser finalen Version des Manuskripts.
- Elke Muchlinski, PD, Dr., derzeit Gastprofessorin für Makroökonomie an der Berlin School of Economics and Law, promovierte mit einer Arbeit über Keynes’ Wahrscheinlichkeitstheorie und Relevanz für die ökonomische Theorie an der Freien Universität Berlin am Fachbereich Wirtschaftswissenschaft. An diesem Fachbereich habilitierte sie sich später auf Basis von Drittmitteln. Sie verfügt zudem über den Grad eines Magister Artium in Philosophie. Sie übernahm Lehrstuhlvertretungen an den Universitäten Hamburg, Trier, Halle und zuletzt Saarbrücken, wo sie im Master ‚Economics and Philosophy‘ lehrte. In ihrer aktuellen Publikation, On the Rationale of Central Bank Transparency, Accountability, and Communication, Cahiers d’Economie Politique, Histoire de la pensée et théories. Theories and Evolution of Central Banking. Volume 81, 2022, pp. 109 – 161, Hermann Éditeurs, Paris, 2022, erforscht sie die Bedingungen des Gelingens des kontextsensitiven Handelns von Zentralbanken. Sie ist seit der Gründung Mitglied der ESHET, European Society for the History of Economic Thoughts und Mitglied der Internationalen Ludwig Wittgenstein Gesellschaft. Sie hält regelmäßig Vorträge auf internationalen Konferenzen, zuletzt an der University Paris 1 Panthéon-Sorbonne, Conference Colloque Gide 2022 – 19e Colloque International de L’Association Charles Gide, 7 – 9 juillet PARIS, FRANCE.
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Abstract
The year 2022 – a turning point in time. To what extent is this turning point connected with a social will to shape things differently? This article aims to provide arguments for understanding this transition in an active sense – as an expression of the cooperative design and effective will to act as a “resilient society” (Brunnermeier 2021). The resilient economy is characterized by the courage to try out new capabilities in order to react flexibly to economic shocks. I would like to suggest understanding the turning point as a chance, and, therefore, as an opportunity for action to gain more resilience. The global exogenous shock of the COVID–19 pandemic with the very different economic consequences for individual economies and the new situation of the unjustified war of aggression against a European state, which has been exogenously provoked since February 2022 and is currently still geographically limited, also show that common patterns of behavior and action in Germany need to be readjusted in the context of European Monetary Union and Europe. These times of turning times involve conceptualizing the path to a more resilient economy. For this reason, retrospective reference is made to turning points in the past and to theoretical innovations in order to understand the effective cooperation between the state, the actors in the markets and the central bank from a new perspective. According to John Maynard Keynes in 1932 (1982f), the failure of Western governments finds its expression in the renunciation of productive and effective planning and cooperation between market, state and central banks. Keynes, who experienced the economic consequences of the First and Second World Wars, also emphasized that the consequences of pandemics and wars cannot be influenced by acting according to the mantra ‘save, save, save!’.