Springer Professional: Book Tip of the Month (EN)
Springer Professional • February 28, 2022
Tip of the month: Properly dosing state intervention
For financial executives
Through intervention programs, the states of the European Union (EU) intervene in their market economies to keep them on track. In "The Proportionality of State Intervention," Sebastian Weißschnur discusses how much intervention is warranted. The work is aimed at teachers and students of economics, policy advisors, and decision makers at the European Central Bank (ECB).
The economist discusses the measures taken during the Covid-19 pandemic to illustrate which lessons from the 2008 financial crisis were overlooked and also presents a framework for state intervention to help the EU overcome its challenges.
