Archive for November, 2010


“The curious task of economics is to demonstrate to men how little they trate really know about what they imagine they can design.”The worst thing in the financial markets is probably over, the financial apocalypse is canceled for now. The economic downturn seems to have finally found the floor. Readmore…


If someone is an honor as that of a Nobel Prize will be awarded, then he can complain about a lack of friends hardly. Even those who know the honoree or the Esteemed perhaps only slightly, tend to portray the relationship as very intense. Therefore, I would first make clear that the following in some respects quite personally held post will not suggest that I would know better and closer to Elinor Ostrom, de facto, as this is the case. Readmore…

moscow st petersburg cruise

“One must still ask: 'Are we doing mathematics or politics for the emotions of the people”Klaus Wowereit told the day after the election, the decline of the SPD and its opposition to Franz Muentefering the example of himself, but “rhetoric” – the intentional, a persuading the target end opposite that it considers relevant speech, in English unsurpassable short “Word Craft”. Readmore…

Together with Elinor Ostrom Oliver E. Williamson, one of the most famous economists in institutions this year will be handed the Nobel Prize in Economics. The reason given by the Nobel Committee's rigorous analysis of the governance structures of economic organizations mentioned, especially his work on the boundaries of the company. Readmore…

Misdiagnosis: global over-investment

Written by admin
November 25th, 2010

Result of the global crisis, which came in Germany so far mainly export-oriented industry is under enormous pressure, also made the “business model Germany” to the test. The German company should – according to critics – be less dependent on global demand. The strong industrial and export orientation has not been proven and needs to be corrected. Readmore…

Schwatzgelb.de: As an economist, you are dealing with current issues in the economic order and social policy. Yet there are among your many contributions publications around the professional football. How does that work?Berthold: Football is a sector of the economy like everyone else, it has the same economic laws as everywhere else, it is sensible to deal with this sector and to attempt, the findings from other sectors of the transferred to football. Readmore…

Market failureOf market failure can be heard for months and read a lot. Place undue exaggeration are used by some authors and the media – the global financial crisis and real economic recession in mind – the limits of market-based economic systems-considered obvious, and as reached. Readmore…

Granted, no one in this blog is a megalomaniac enough to believe that our modest contributions have real influence on national politics. But it is even allowed to dream once. What you would want from an economic point of view of a new federal government, what would you advise her to what they should be? Here are some key points. Readmore…

Pinches the FDP?
Pro or Pro Business Market

Written by admin
November 21st, 2010

The Free Democrats have a 14.6 percent shares of votes the winner of the election. How do they do it, remains a mystery to the pollsters. No wonder that even the puzzle itself FDP voters which party they have chosen this past Sunday. Or they just wanted to keep the Socialists from the government out?The puzzle is not as absurd as it sounds. Readmore…

The “crisis” is not over

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November 20th, 2010

I.A look at the stock and credit markets and economic sentiment indicators worldwide may give the impression that the international economic and financial crisis has been overcome: The downturn in the economy appears to be at least stopped, and tentative signs of improvement may here and there to be seen. Readmore…