Economic Freedom

Hypo Real Estate Bank had gone bankrupt long ago if it was done properly. Is it not. Thus, their shares have been on 26 March 2009 traded at a price of at least € 1.16 on the exchange. With 211 million shares, well sums up the entire bank for € 245 million at least. That was the market value of a company that could be preserved only by government subsidies of € 90 billion so far before the collapse – open end. Readmore…

Handelsblatt of 24 Frank Wiebe on March calls already in the title of his essay the reader to define the new capitalism. One suspects quickly, which occurs when a post starts that way. And indeed, the market economy will, as so often, as a machine that must be constantly adjusted by skilled social engineers sent to deliver the desired results. Readmore…

The world is in deep economic mess for a long time. A global recession seems inevitable, according to the World Bank. Even the floor is not reached. The free fall continues. More and more industries and businesses are affected. The virus is far from the financial sector jumped into the real economy. Readmore…

The German government has introduced their assistance and guarantees for the financial sector as an option. Due to the nature of the aid option indicates the one who wishes to claim their own weakness. This gives the banks an incentive affected by requests for help as long as possible, not distance, and the state recklessly to take advantage. Readmore…

Where there are tax havens, because there must be a tax desert, as a bon mot, whose authorship is not clarified beyond any doubt. The oases are now a little dry, and, paradoxically, believe just the administrator of the desert, that this will help them to new heights. Switzerland, Liechtenstein, Austria, Luxembourg and others seem to be willing to relax their bank secrecy more or less. Readmore…

Who Today an article on the topic “Market and morality” and writes with the headline “Once it came?” adds, can not know how the shares are tomorrow, and if we are not already provided for a worldwide crash. That comes from the fact that the future among other things has the disadvantage that it is not, and that in particular the economics turn out to be a comedian when they take a prognostic look into the future. Readmore…

The taboo has been: Germany dispossessed. Regulatory textbooks are now, in this extraordinary crisis, not asked, does the political class: If the market fails to step in should the state so that the systemic crisis caused no conflagration. Long live Keynes! it is everywhere. Long live Keynes? Almost exactly 40 years ago, the “new macroeconomics” a reinterpretation of Keynesian – or Keynesian – Theory tries: “Was Keynes a Keynesian actually” was the question. Readmore…

A model to the testThe world economy is obviously in the worst recession since the Second World War period. In any case, for North America and Western Europe are expected for the year 2009, the largest economic downturn since then. The turmoil in financial markets are considered a major cause of the large global burden of adjustment. Readmore…

The world financial crisis has led to a profound uncertainty about the viability of the market economy principles. No coincidence that the objections of liberal economists are against the massive violations of economic policy to the market economy principles, as we register them now, from comparatively subdued. Readmore…

In the years 2002 to 2007, the share of the richest tenth of the population in total net assets in Germany from 57.9 percent to 61.1 percent. The calls still out for corrective government intervention. The proposals range from the reduction in allowances for inheritance tax on the abolition of the newly introduced flat tax credit of up to reduce their assets to Hartz IVIn the years 2002 to 2007 the annual average value of the DAX by around 70 percent. Readmore…