Archive for November, 2011


The euro currency union does not come from the headlines and the Euro-crisis policy has now lost all credibility. This greatly complicates the problem solving and contributes to the current challenges are even greater, decreases the effectiveness of individual measures and worsen the prospects for a speedy restoration. Readmore…


The Institute of International Finance of the international banking association suggests that the euro-zone countries should Greece extend credit, so it can buy its bonds back to the current reduced rates. If you believe media reports, then the Federal Ministry of Finance “sympathies” for this proposal. Readmore…

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European illusions: the politics of debt crisis

Written by admin
November 26th, 2011

The Greek crisis We started well and a half years, since December 2009, the rating of the country have been revised downwards since the spring of 2010 and more clearly, it was inevitable that his unassisted state bankruptcy would. The optimists thought then that it would go the other euro countries, especially to gain time. Readmore…

Centralizing tendencies within the European Union can not be ignored. The European stability mechanism to coordinate national economic and financial policies. Now, the Commission shall order the establishment of a unified resource and climate policy. To this end, it now creates the design of an energy efficiency policy that is formulated in the spirit of the 20-20-20-EU policy. Readmore…

Guest Post
Sales Tax Reform: The Full Monty!

Written by admin
November 23rd, 2011

Tax reform can be implemented only in one big step or not politically sustainable. The aim of the proposed sales tax reform, it should be, therefore, the reduced tax rate completely abolished. In turn, the regular rate will be lowered from the current budget-neutral 19 percent to 16 percent. The Hartz IV rates would be increased proportionately to the increased cost of living by about six euros per month. Readmore…

The ethics of nuclear phase

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November 21st, 2011

Frank Knight, the pioneer of information economics is that today the distinction between uncertainty. For the determination of mean and variance, there are two sources: theoretical correlations or systematic observation over as large a number of past periods. Is neither the one nor the other have, they know the expectation and variance are not. Readmore…

The world financial system in transition

Written by admin
November 18th, 2011

I.If we trace the word Contributions to international financial and economic crisis carefully, it seems in the wake of the crisis resolution efforts have come to a debate on reforming the international monetary system in motion. Known for his impression of these three examples. Readmore…

She yells down: Trier, Singer, Kevorkian!

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November 16th, 2011

Of course, one must assume Assume that media take every opportunity to create and exploit scandals in order to generate attention for themselves. Still surprised at the “case of Lars von Trier” nature and extent, is also falsified in the pages of publicly funded media. The real scandal lies here and not at Trier. Readmore…

Economists on the hunt for happiness

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November 13th, 2011

In the magazine “The Economist” has been an online debate on the question to measure whether government economic policy on stronger indicators that the intangible social conditions such as levels and distribution of “happiness” instead of material values, such as disposable income or gross domestic product, aligned should be. Readmore…

In praise of public debt

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November 12th, 2011

It is stimulating, the issue of public debt to finally discuss ethical aspect and also to examine whether the Catholic social teaching can provide benchmarks for it. However, I will vigorously oppose.It seems to me greatly exaggerated, the Catholic social doctrine as “strictly philosophical ideas argumentative structure” aufzuhübschen. Readmore…