Whenever in conversations on the Eurozone crisis people refer to my nationality, I always state that I am German and an economist but not a German economist. This is not to downplay or ignore my many links with German economists, professional and even
personal, but more a clear indication that I work in a different conceptual framework than my Germany-based colleagues. There have been many occasions where I have been reminded of that; most prominently at a CEPR workshop some five years ago, where one (non-German)
European economist working in the US openly asked: what’s wrong with German economists?