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Stefan Legge

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Adjunct Fellow

Ph. D. in Economics and Finance | With Avenir Suisse since July 2024
Short Biography

Dr Stefan Legge is Vice-Director and Head of Tax & Trade Policy at the ILE-HSG Institute at the University of St. Gallen. Alongside his acclaimed teaching activities, he advises political and economic decision-makers. He regularly discusses current issues in the national and international media. His main areas of expertise are macroeconomics and international trade. He studied in Mannheim and completed his doctorate in St. Gallen. He has spent research stays in San Diego, Berkeley and Princeton. He joined Avenir Suisse as an Adjunct Fellow in 2024.

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Articles by Stefan Legge

SNB, to Depend on Independence

Analysis How to protect the Swiss National Bank from political influence

17.09.2024, Stefan Legge, Fabian Schnell, Jürg Müller

Most Recent Publications and Blogs

Many Paths Lead to Switzerland

Many Paths Lead to Switzerland

The rules for entering Switzerland vary depending on nationality, purpose of stay, and duration. Citizens of EU and EFTA countries enjoy priority, largely unobstructed access to the Swiss labor market with minimal restrictions. Labor migration from non-EU countries, by contrast, is tightly regulated and subject to quotas.

27.11.2025, Patrick Leisibach, Agustina Rodriguez

Antifragility: Switzerland’s Hidden Success Formula

Antifragility: Switzerland’s Hidden Success Formula

Switzerland has often done best when the world was at its most turbulent - because country and citizens alike have met crises not with paralysis but with growth. Today, that very strength is at risk.

27.11.2025, Christoph Eisenring, Patrick Leisibach

Trump Divides America Whilst Switzerland Divides Its Economy into “Good” and “Evil”

Trump Divides America Whilst Switzerland Divides Its Economy into “Good” and “Evil”

The new U.S. tariffs have increased pressure on Swiss companies, leading people to look for scapegoats, which is the worst possible reaction to geopolitical shocks.

30.10.2025, Jürg Müller, Michele Salvi

Please Don’t Feed: What You Need to Know About the “Economic Ecosystem”

Please Don’t Feed: What You Need to Know About the “Economic Ecosystem”

In turbulent times, calls for government intervention grow loudest. But such measures often do more harm than good, especially if you ignore four fundamental principles.

30.10.2025, Jürg Müller

Inheritance in Switzerland: What Really Remains of Your Wealth

Inheritance in Switzerland: What Really Remains of Your Wealth

Bequests to direct descendants are often tax-free. But the assets being passed down have already been taxed multiple times over the years. A simple example shows how these tax burdens accumulate over decades.

28.10.2025, Michele Salvi, Philippe Güttinger

“Taxing Progress Is Absurd”

“Taxing Progress Is Absurd”

Interview Amid concerns about job losses and shrinking government revenue, the idea of an “AI tax” is gaining traction again. In an interview with the St. Gallen‐Appenzell Chamber of Commerce, Patrick Leisibach warns about the consequences of such policy intervention—especially if Switzerland forges ahead alone.

28.10.2025, Patrick Leisibach

Time to Post!

Analysis Avenir Suisse proposes a five-point plan to modernize the Swiss Post

20.10.2025, Christoph Eisenring

We Must Take Care of Our Consensus Democracy

We Must Take Care of Our Consensus Democracy

Societal division is visible in Switzerland as well. This poses a risk to our political system. Here are two approaches to preserving our consensus democracy.

30.09.2025, Patricia Schafer

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