Event – Lecture
Black Swans - War, Inflation, and an Energy Policy Shambles
Prof. em. Hans-Werner Sinn, President a.D. at the ifo Institut
12 December 2022 18:00 - 19:30
Great Hall of the LMU Munich, Geschwister-Scholl-Platz 1
Black swans are events that are considered unthinkable until they happen. The current galloping inflation falls under this definition, as does the veritable energy crisis that demands a fundamental revision of the green transformation model for the economy. National crises due to runaway public debt, such as in the United Kingdom, are also sharing the spotlight. The days of the free lunch, when countries and their central banks could simply print as much money as they needed to overcome scarcity, seemingly without harm, are over.
To the website of Hans-Werner Sinn.
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