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Avatar photoGustav Horn

Gustav A Horn is professor of economics at the University of Duisburg-Essen, a member of the executive board of the SPD and chair of its Council of Economic Advisers. He is also chair of the Keynes Society.

Peace and trade—a new perspective

Gustav Horn

The Ukraine crisis has shown not only that unlimited trade is impossible but also that it needs to be regulated by values.

The challenge ahead: a safer and more dynamic Europe

Gustav Horn

In the latest in our ‘Europe2025’ series, Gustav Horn focuses on macroeconomic institutional reforms for financial stability and a programme of investment to engender vital public goods.

A Globalisation For People, Not Business

Gustav Horn

Economists were certain that free trade would be a major source of general welfare enhancement. Resistance against it has been widely seen as irrationality driven

How To Get Rid Of Germany’s Excessive Current Account Surplus

Gustav Horn

There’s no end to the criticism of the excessive German current account surplus. Quite rightly, people suggest that this imbalance has the potential either to

Brexit: What Next? Maybe No Exit At All…

Gustav Horn

It’s indeed rare but not unusual for voters to get rid of their political elites. Many western democracies now find themselves in a phase in

Bringing The IMF Into The Eurozone Crisis Was Political Bankruptcy

Gustav Horn

It was wrong from the start. Going on the incorrect assumption that the Eurozone crisis could only be overcome with the help of the crisis-proven

Investment-led Growth, Not More Cuts, Is The Only Way For Greece

Gustav Horn

The agreement reached in Brussels yesterday between EU governments and Greece came only with a huge loss of mutual trust. It remains to be seen

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New Edition - Social policy in the European Union: state of play 2025

Can Europe preserve its distinctive social model while simultaneously rearming, reindustrialising, and reorganising its economy in a more conflictual and competitive world? This is the central question raised in this new edition of the Bilan social, a reference publication released every spring for more than 25 years by the European Trade Union Institute (ETUI) and the European Social Observatory (OSE).

READ HERE
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Is financial resilience and trust in Europe faltering?

In this episode of Eurofound Talks, host Mary McCaughey and senior researcher Eszter Sandor unpack the results of the 2025 Living and Working in the EU e-survey. While headline inflation has stabilised at 2.1%, the data reveals a continent gripped by chronic precariousness, with 57% of respondents now at risk of depression. Mary and Eszter explore how this economic insecurity is impacting institutional trust and democratic engagement.

LISTEN HERE
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Read the book "The open future and its enemies" 

A robust democracy must not leave the future in the hands of the alliance between Big Tech and the far right. AI must be politically reined in and democratically shaped so that humanity retains its sovereignty.

Artificial intelligence is regarded as the driving force of progress. Yet it has long since become a challenge to democracy. The book argues that uncontrolled AI will erode our freedom, self-determination and democracy.

READ THE BOOK
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WSI Minimum Wage Report 2026

Minimum wage policy across Europe has shifted significantly, with many EU countries raising wages above average and anchoring them to adequate living standards. This trend is consolidating as countries increasingly adopt the reference values recommended in the European Minimum Wage Directive — recently upheld by the European Court of Justice.

DOWNLOAD THE REPORT
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S&D Africa Days 2026

We are pleased to invite you to save the date for the S&D Africa Days 2026, taking place on 30 June and 1 July 2026, in Brussels. 

At a time when Africa is too often viewed through narrow and one-sided narratives, this initiative reflects a key political priority for the S&D Group: to advance a renewed, forward-looking partnership of equals between Europe and Africa based on equality, solidarity, social justice and shared progress. 

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“What is the actual purpose of the state?” – this central question is the focus of the analysis. At a time when bureaucratic processes are making life difficult for citizens, the paper proposes a three-part model. It aims at a conception of the state as a platform that helps society build the capabilities it needs to address its problems effectively.

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