Der Ökonom als Politiker

This work explores the multifaceted career and contributions of Wilhelm Nölling, highlighting his impact on politics and economics. The text is structured into several sections, beginning with reflections on Nölling's influence and his role as a political figure. It delves into the nature of politics as a profession, examining key legislative developments in Germany and the implications of historical events like 1968. The discussion extends to the future of German federalism and the social state, addressing evolving economic and labor market policies, and the relevance of past instruments for growth and employment. Further, the text addresses European integration, contemplating the cultural and economic unity of Europe, the implications of EU expansion, and the prospects for Hamburg and Northern Germany. It critically analyzes the role of the Euro, its economic consequences, and the responsibilities of national governments post-introduction. The work also scrutinizes the banking sector and globalization, discussing significant changes in corporate governance and the challenges faced by German banks in the wake of the Euro's implementation. The appendix includes Nölling's curriculum vitae, a selection of his publications, and a list of contributors, providing a comprehensive overview of his legacy and the broader economic and political landscape in which he operated.