By Dr. Rainer Zitelmann on 2015/02/17The rent control law for the so-called “rent freeze” has been enacted and will enter into force in May or June. Not missing a beat, the Federal Ministry of Justice has gone right back to work in order to draft the second bill in this context, the rental index legislation also written into the coalition agreement. The latter states: “We […]
By Dr. Rainer Zitelmann on 2015/02/03Moderate politicians across the ages have always underestimated the irrational momentum of ideologists. For one thing, this is because they themselves are used to thinking along more or less rational lines. Secondly, it is quite normal for them to ignore their campaign promises once they are in office. So they project their own behaviour - mistakenly so - onto ideologists like Alexis Tsipras and his economics professor from the radical-left.