A new stadium for the local football club – the desire not only the regular fans, but the city leaders. In the sports economics are discussed various aspects of the way in which a new building or a complete renovation can generate positive effects.Unless the work is carried out by local companies can benefit the local construction industry. Readmore…
When it comes to candidates for inventing their own control of the EU, the European Commission recently has been running in top form. After they had taken in August 2010, an EU-propellant gas tax and an EU tax on the consumption of raw materials into the conversation, she has made in October 2010 in a policy paper on the future EU budget four new proposals for a separate source of income in the Community: An EU tax on the financial sector, the revenues from auctioning of emission allowances, a European aviation tax and a 'real' European Value Added Tax. Readmore…
Competition allows people to choose from a variety of alternative products and services is the right thing for themselves, forcing vendors to look for best solutions, and this favorable offer. Therefore strengthens the competitive position of consumers. Experience could liberalize, for example, the German telecommunications market in the transition from a state monopoly to a market. Readmore…
The financial and economic crisis has weighed in Germany is primarily industrial, foreign trade and property and entrepreneurial income. By securing employment, compensation of employees could and private consumption remained largely stable. This damage is already solved the crisis.The global financial and economic crisis comes slowly out of sight. Readmore…
Professor Issing, since mid-December, it's official. The European Council has decided on a permanent mechanism for financial assistance to Member States of the Euro-zone. Is the euro as their currency independent states so in the end?Otmar Issing:Not at all. Although I was an opponent from the beginning of a permanent crisis mechanism. Readmore…
Was especially in emerging economies, the turning point of the global crisis only briefly. While the industrialized countries suffer from the burdens of unstable financial systems and high public debt levels, has in the emerging world concern about recession and unemployment turned into concerns about overheating and asset price bubbles. Readmore…
If you, dear blog readers, in 2011, their 47th Birthday party, then one can only congratulate you: From now on, it goes uphill. You just have the most rotten, joyless years of your life behind. Now it can only get better. As you have not even noticed. Then take a look at once to this curve, the British “Economist” has just been printed in its year-end issue. Readmore…
German industrial companies are virtuosos in the world market niche: Whether snuff, laser cutters, cruise ships, pencils or luxury kitchens – somehow they manage, with one to experience-based knowledge to develop product variants, which are the competitors usually one step ahead. They achieve returns on equity of which bankers can only dream of. Readmore…
The cat is now out of the bag on 6 January, was developed by the French president's proposals for a European economic governance in his behalf. Chancellor Merkel had already agreed to in mid-December an “economic governance” of the euro countries.The report includes 25 pages and ends in 16 proposals. Readmore…
Homo economicus in theory For ten, fifteen years ago, homo economicus is not as easy as before. Behavioural economics challenges him again and again. It shows, for example in the experiment, again and again that people are not so behave like they did when they were homines oeconomici. Readmore…