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HomePhilipp Heimberger

Philipp Heimberger

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Economics

Philipp Heimberger: The agreed reform of EU fiscal rules – A short-sighted compromise

February 22, 2024 Mathew D. Rose 0

EU co-legislators have reached an agreement on reforming EU fiscal rules. The key change will be to make the assessment of fiscal policy more long term and country specific, with debt sustainability analysis used as […]

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Economics

Philipp Heimberger – Challenging myths about Italy’s economy and macro policies

November 10, 2022 Mathew D. Rose 0

Debunking the main Italy econ policy myths (“profligate government spending“, “no market-liberal reforms“, “Italians living beyond their means“). Philipp Heimberger is an economist at the Vienna Institute for International Economic Studies (WIIW) Cross-posted from Philipp’s […]

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Economics

Philipp Heimberger – How the ECB is trying to prevent a new Euro crisis

August 17, 2022 Mathew D. Rose 0

Monetary policy-makers are using PEPP reinvestments to buy Italian government bonds while reducing the portfolio of German bonds Philipp Heimberger is an economist at the Vienna Institute for International Economic Studies (WIIW) This article originally […]

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Economics

Philipp Heimberger, Lea Steininger – ECB interest rate hikes will damage climate protection policies

August 15, 2022 Mathew D. Rose 0

On 21 July, the European Central Bank decided to raise interest rates for the first time since 2011 in a bid to curb inflation. With further rate rises potentially on the horizon that climate protection […]

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Austerity

Philipp Heimberger – Do higher public debt ratios really reduce economic growth?

January 18, 2022 Mathew D. Rose 0

The pandemic-induced crisis has seen fiscal policy relaxed. Ill-evidenced orthodoxy must not be allowed to reinstate austerity. Philipp Heimberger is Economist at the Vienna Institute for International Economic Studies (wiiw) Cross-posted from wiiw website Economists […]

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Austerity

Philipp Heimberger – Do higher public debt levels undermine growth?

November 20, 2021 Mathew D. Rose 0

Philipp recently published a new empirical study on whether higher public debt levels reduce economic growth. Philipp Heimberger is Economist at the Vienna Institute for International Economic Studies (wiiw) This interview was originally posted in […]

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Economics

Philipp Heimberger – Keynes, output gap nonsense and the EU’s fiscal rules

April 26, 2021 Mathew D. Rose 0

Are EU economic instruments fit for purpose? Philipp Heimberger is Economist at the Vienna Institute for International Economic Studies (wiiw) Cross-posted from Philipp’s blog To subscribe to Philipp’s blog please click here Last week on […]

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Austerity

Tonia Mastrobuoni – Interview with Philipp Heimberger: Why I launched the Campaign Against Italy Nonsense

April 7, 2021 Mathew D. Rose 0

Public discourse about Italy is very distorted, and we should thrive to change it Tonia Mastrobouni is the Berlin correspondent, La Repubblica The original article in Italian in La Repubblica is here (paywall) Tonia Mastrobuoni […]

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Economics

Philipp Heimberger – Financial globalisation has increased income inequality

March 28, 2021 Mathew D. Rose 0

Globalisation is an important driver of income inequality within countries, but mostly via financial rather than trade channels. Philipp Heimberger is Economist at the Vienna Institute for International Economic Studies (wiiw) Cross-posted from Philipp’s blog […]

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Austerity

Philipp Heimberger – Fiscal austerity and the rise of the Nazis

March 25, 2021 Mathew D. Rose 0

How Germans continue to misremember the history of the Weimar Republic Philipp Heimberger is Economist at the Vienna Institute for International Economic Studies (wiiw) Cross-posted from Philipp’s blog An economic history paper recently published in […]

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Book Reviews

Geopolitics

A Genocide Foretold: Reporting on Survival and Resistance in Occupied Palestine by Chris Hedges

May 5, 2025 0

Book Review by Chris Green It provides a modicum of relief to one’s mental health to turn from Nicholas Kristof’s lame bothsidesism and Bernie Sanders’s blather about Israel’s “right to defend itself” to reading Chris […]

Economics

Abundance – How We Build a Better Future by Ezra Klein and Derek Thompson

April 21, 2025 0

Book Review by Michael Roberts Abundance is a new book that has been attracting attention and debate among mainstream economists and politicians.  It aims to explain to Democrat members in the US why their party […]

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