"As the old saying usually attributed to Ludwig Erhard goes: Wirtschaft ist zu 50 prozent Psychologie (Economics is 50% psychology). Not only does Chancellor Friedrich Merz regularly namecheck his revered predecessor and chief architect of the post-war Economic Miracle': he is also a member of the Ludwig Erhard memorial charity, which talked up his arrival in office as a renaissance of Erhard's political approach."
"So it's puzzling, to say the least, that Friedrich Merz in power seems bent on making Germany's already morose national mood worse, swapping his pre-election visions of national renewal for an unflattering portrait of a sclerotic country which has lost its work ethic and deserves to be punished. We're all skivers, apparently The recent debate about ending the legal entitlement to work part-time is a case in point."
Halfway through a bruising decade, intense focus on what is going wrong in Germany is worsening national mood and strengthening extremists. A more positive attitude is needed from political leadership to restore confidence. Ludwig Erhard's maxims about economics being half psychology are invoked by Chancellor Friedrich Merz, who sought a Stimmungswechsel to boost investment and consumer spending. In practice, Merz's rhetoric has shifted toward criticising national work ethic and opposing part-time rights, four-day weeks, and limits on maximum hours. Party demands to abolish the right to reduce hours and condemn lifestyle part-time choices intensify the debate. Two things are wrong with this debate.
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