The asparagus economy

Katharina Reiche wants to reform the incentives behind Germany’s energy transition. The backlash shows how difficult it is to change a system built on guaranteed growth.

Dear Reader,

Imagine, for a moment, a new business concept. It revolves entirely around asparagus. The founders are earnest and well-intentioned. Spargel, they insist, is good for your gut, your bones, your heart. Abandon the starchy potato and embrace an asparagus-only diet, and disease will soon be a thing of the past.

Their business plan is bold. Bring…