The Economy of Germany

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This is Germany, the largest economy in all of Europe by a significant margin and the fourth largest in the world falling just behind Japan. The economy of Germany is so interesting not just because of its size though but more because it’s a tenuous and surprisingly short history.

Germany is a hugely influential economy in the world today and even more so amongst other European economies, it has been a stabilizing force in the euro-zone and its prosperity has overflowed into regions that have been less stable.

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📚 Want to learn more about the economy of Germany? We recommend reading "Freedom with Responsibility: The Social Market Economy in Germany, 1918-1963", by A. J. Nicholls

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Sources & Citations --

Nicholls, A.J., 2000. Freedom with responsibility: the social market economy in Germany, 1918-1963. Oxford University Press.

Sally, R., 1996. Ordoliberalism and the social market: Classical political economy from Germany. New Political Economy

Braun, H.J., 2010. The German Economy in the Twentieth Century (Routledge Revivals): The German Reich and the Federal Republic. Routledge

Stolper, G., 2017. German Economy, 1870-1940: Issues and Trends. Routledge.

Henderson, D.R., 2008. German Economic Miracle. The Concise Encyclopedia of Economics

Jeffries, I., Melzer, M. and Breuning, E., 2017. The East German Economy. Routledge.

Lechner, M., Miquel, R. and Wunsch, C., 2007. The curse and blessing of training the unemployed in a changing economy: The case of East Germany after unification. German Economic Review

Dale, G., 2004. Between state capitalism and globalisation: the collapse of the East German economy. Peter Lang.

Scharpf, F.W., 2010. The asymmetry of European integration, or why the EU cannot be a ‘social market economy’. Socio-economic review

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[EconomicsExplained]

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See new videos early, participate in exclusive Q&As, and more!

[killermoehre]

The 'e' in 'Porsche' is pronounced. It's a German word. We pronounce all letters, because dead letters are not efficient.

[juliuss]

me, a german, slouching on the sofa while watching this video and munching crisps off of my chest
*peak efficiency*

[youtubevleisureaccount]

The whole world: German Efficiency is superior!

Germans: wenn die DB noch einmal zu spät kommt, dann zieh ich in die schweiz

[snookiewozo]

As much as I enjoyed the video, it should be called "The History of German Economy" and not "The Economy of Germany".

[majorfallacy]

"German efficiency"
*laughs in Berlin Airport*

[KingQwertzlbrmpf]

Fun Fact: The label "made in germany" was originally introduced in great britain in an effort to warn it's people about inferior german products. The only catch was of course that german products turned out to be far superior to the british products and so the label meant to warn about inferior products turned into a quality seal^^

[nothing]

German Companies have to compete with other companies

Telekom and Deutsche Bahn: Uhhh I don't know

[arielleung]

I find the Dunning-Kruger effect working very well in judging whether a country is generally good. If the residents keep whining about the weather, the policy, the education and so on, it's usually a reasonably good country to live in. If people are all like "Viva xxx! We're the best of all! Don't you ever dare think otherwise!", you 'd better run.

[mistrants]

"Germany
A troublesome past"

Well aint that the summary of the century...

[wilet.]

Some love from Belgium here.

It's funny to see all these Germans in the comment section being so hard on Germany and themselves... It's like : " ' Gut ' is not good enough... Wir wollen Beste ! " xD Probably the main reason why Germany keeps outpacing most other nations economically despite all the shit that has been thrown at them.

Perfection is not of this world my German friends, but you guys do a damn good closing in on it. Glad to have you guys on board of this big European mess :D

[bvghinsdaprophatdesgrongru]

"Germany never had a big empire like France, Italy..."
*Cries in holy roman empire*

[dualityofthesoul]

SPEAKER: “Germany has only a short history“

KARL DER GROßE: “hold my beer“

[Slyzer]

Economy: *exists*
Germany: Es ist freies Grundeigentum!

[smnmed]

*germans see Germany in the title*
Also germans: DER KOMMENTARBEREICH GEHÖRT JETZT UNS

[tarsierontherun]

Everything Economics: economic dead weight


*shows flag of Greece*

[chad]

He said:"Germany isnt that old". "Italy is way older as country".
Italy at unification at 1861.
Italy

[CrazyKraut]

Germany: efficient

Berlin: Hold my airport

[random]

"German efficiency"
*laughs in Berlin Airport*
*laughs in Stuttgart 21*
*laughs in Deutsche Bahn*
*laughs in generic construction site*

[jwstfan]

Economics Explained: Releases a video about Germany
All Germans: Ein Volk, ein Reich, ein Kommentarbereich