Economic Freedom

“For the entrepreneur, the market is like the sea: full of risks.”Entrepreneurs and entrepreneurship in this country there are very heavy. The mood is more hostile. Time entrepreneurs are accused of being unpatriotic, once vilified as locusts. Attacks against “land men” are the tip of the iceberg of a deep skepticism toward private enterprise. Readmore…

About 600 new cooperatives were established in the past three years in Germany, a remarkable development after many years of continuous decline in the number of existing cooperatives. What really distinguishes the shareholder value of cooperatives, their value for the owners of that for listed companies?Cooperative upsMany start-ups did not take place in the traditionally cooperative sectors such as housing, the financial industry, commerce and agriculture. Readmore…

The European Heads of State and Government adopted replacing the European bailout package of 2013 changed the institutional quality of the Euro zone fundamental: It is a transfer union on the basis of a joint liability. Thus concludes the political class is an institutional arrangement for Europe, which she herself has in the period from the 1992 Maastricht treaty until a week ago as a taboo totally excluded. Readmore…

Late last week decided the leaders of the EU a package to “redesign the currency union.” According to Federal Chancellor Angela Merkel has so “the euro passed its first important test.” Subject of this reform are the points listed below:Permanent Rescue FundMid-2013, a new permanent emergency fund [European stability mechanism is not one. Readmore…

“euro crisis” is no end. The permanent euro rescue package has shaken the confidence of the German citizen in the single currency further. Even if further remains unclear which costs about the bailout, depreciation on the investment portfolio of the European Central Bank, inflation can be realized more clearly distinguish themselves from this and could end up on the order of German reunification. Readmore…

In science, there are Cumulative, substitutive and regressive growth of knowledge. Cumulative means that the knowledge stock grows over time, substitutes, that traditional knowledge is replaced by better, and circularly, that realization is temporarily forgotten, rediscovered. This insight should encourage reflection on accepted theories – this is the case in the interest and capital theory. Readmore…

The 2006 World Cup, the World Handball Championship the following year, the IAAF World Championships in 2009 and recently the Alpine Ski World Championships in Garmisch-Partenkirchen is the number of international sports events in Germany in recent years unquestionably high. Officially, such events are the responsibility of the respective associations such as the DFB and the DLV and national organizing committee. Readmore…

I have served. 15 months. The Defense Minister Manfred Woerner was then called, and the Chairman of the Presidium of the Supreme Soviet of the USSR, Leonid Brezhnev. Muammar al-Qaddafi and Hosni Mubarak were back then, still in power call themselves socialist states Santander. That would have many openings for fleet blogs. Readmore…

The horrifying images from Japan Raise many questions to be pondered over in the next period must. From an economic point of view, but first, the question of the immediate effects of the disaster will have on the world economy. The answer to this question depends crucially on the moment of the direction that the wind will take over the derelict nuclear reactors of Fukushima in the near future. Readmore…

In a recent issue of the journal International Tax and Public Finance is a paper worth reading is higher in the U.S. than in Germany.This result is relative, however, when the international transfer of such data as a basis, from which payments are calculated out to finance medical treatments. Readmore…