Das Große Experiment des Übergangs. Über die Grenzen unseres ökonomischen Wissens
The Great Experiment of Transition. On the Limits of what we know about Economics

Summary/Abstract: This article talks about dilemmas, the dilemmas of the branch of economics that partly helped prepare the "head transplant" of the economy in Eastern Europe and whose representatives are beginning to think about the suddenly opening possibility of Transformation - after a long period of reform. The following sketchy overview of the history of dogma is intended to help you find your way in this darkness and aims to shed light on the limits of our economic knowledge using a few empirical transition dilemmas. With a certain melancholy, I register that the economists as "transformers" (the reader allows me this new design) I often have no choice but to simply put the practical dilemmas into theory without being able to contribute to their solution. At the same time, this suggests that, at our experimental station in Eastern Europe, the chapters of the director's book on transformation, similar to what used to be the case in the case of reforms, have to be improvised. This improvisation is of course not to be confused with spontaneous development: "Transitional engineering" is unlikely to be limited to performing the night watchman duties permitted by classical liberalism.

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