Excellent choice by France24! They present the archetype of the German economist. Listen to Mister Markus C. Kerber. His message: back to the roots. We’re all moral philosophers again. Economics as a morality play. The market will reward the virtuous. The market will punish the sinners. Amen.
Update: John Maynard Keynes just called me from wherever he is right now to relay this message to Mister Markus C. Kerber:
»It is an extraordinary fact that the fundamental economic problems of a Europe starving and disintegrating before their eyes, was the one question in which it was impossible to arouse the interest of Germany. Reparation was their main excursion into the economic field, and they settled it as a problem of theology, of polities, of electoral chicane, from every point of view except that of the economic future of the States whose destiny they were handling.«