The Wolfram-Engels-Prize is awarded to Minister of Finance Dr. Wolfgang Schäuble

Prof. Dr. Lars P. Feld, Prof. Dr. Theo Siegert, Dr. Rainer Hildmann, laureate Dr. Wolfgang Schäuble, Prof. Dr. Clemens Fuest, Prof. Dr. Nikolaus Schweickart und Prof. Dr. Michael Eilfort (left to right)

Awarded with the Wolfram-Engels prize 2016: Dr. Wolfgang Schäuble, German Minister of Finance.

Prof. Dr. Theo Siegert, president of the board of trustees of the Stiftung Marktwirtschaft explains the jury's choice.

The Spring Meeting of Stiftung Marktwirtschaft and the award ceremony for the Wolfram-Engels-Prize took place in Kronberg, where Stiftung Martwirtschaft and Kronberger Kreis were established.

Prof. Dr. Clemens Fuest, member of Kronberger Scientific Council and president of the ifo-Institute, honouring the laureate.

Schäuble donated the prize money of the Wolfram-Engels award to the NGO, Deutsches Rotes Kreuz, in order to help Syrian refugees in the neighbor regions of Syria.

Dr. Wolfgang Schäuble, minister of finance, is given the award certificate.

The Wolfram-Engels-Prize winner 2016 delivering his acceptance speech.

Guests of the Spring meeting of the Stiftung Marktwirtschaft applauding the laureate.

Different generations of the Kronberger Kreis: Prof. Volker Wieland Ph.D., Prof. Dr. Juergen B. Donges and Prof. Dr. Lars P. Feld.

Photographs © by Kay Herschelmann

The Wolfram-Engels-Prize 2016 is awarded to the German Minister of Finance Dr. Wolfgang Schäuble

The Stiftung Marktwirtschaft has awarded Dr. Wolfgang Schäuble, the German minister of finance, the Wolfram-Engels-Prize on the 8th of April. The Jury honoured Schäuble for his part in improving the fiscal autonomy of states and municipalities as well as his efforts to maintain the principle of liability during the European debt crisis. The Jury also acknowledged his regulatorily consistent stance for a balanced budget.

Minimum Wage Position Paper

The Market Economy Foundation strongly recommends against the introduction of an across-the-board minimum wage in Germany. Read here about why we not only find the minimum wage harmful to employment, but also ineffective as a social strategy: Minimum Wage Position Paper (German)

Municipal Finance Reform: Latest Assessment

The Tax Code Commission's four column reform model, developed under the roof of the Market Economy Foundation, enabled the formation of a highly acclaimed policy proposal that has found considerable support in the political arena.

With the approval of the Foundation, the state of Lower Saxony allowed the Federal Statistical Authority (Statistiches Bundesamt) to conduct a thorough analysis of the proposal’s effects in all Lower Saxon municipalities.

Statistics (German)

Citizen's Dividend (Bürgergeld) – A Deadly Antidepressant

What do we think about the Citizen's Dividend? Irrespective of whether you like to call it a solidarity-inspired basic income guarantee or a transfer payment with no strings attached, the Citizen's Dividend is a deadly antidepressant. Read more on the subject in our:

Think Piece (German)

You can find more background information on the subject by reading our report from our conference "Citizen's Dividend and Basic Income: Stroke of Genius or Madness?"

Conference Report (German)