“The euro will come, but he will not stand.” There is also no crisis of 2011 €. The euro is stable, its internal and external value is top notch. This opinion is widespread among economists. Nevertheless, it is wrong. Public debt and the stability of the euro are closely related. Readmore…
Bankruptcies, bad luck and mishaps
Has the Euro Have a Future?
August 3rd, 2011
The EEG: Ecologically and economically useless nonsense
August 2nd, 2011
Once I Had a beautiful dream: In a solemn procession attracted the strongest proponents of subsidizing an industry to their elected representatives, not to demand more, but to less money. Because they feared the anger of the public might otherwise be too large and sweep away the subsidy program as a whole. Readmore…
At the Christmas market crash Ethical feelings and retail sales, and bargain hunting nativity play each other quite blatant. “Between” then is the time to enjoy the gifts – which primarily includes the gift of leisure. The best time to read books. Adam Smith, for example. Versed the history of ideas, I recommend now to turn off your computer and make it by the fireplace with a beautiful leather-bound classics cozy – there is nothing really new. Readmore…
Christmas with a bit of Hayek
July 30th, 2011
Christmas tradition comes together. Christmas may be called a moral tradition, the tradition of Christian faith and conduct, that people would not consciously invented Christmas. Christmas is not a transitory constructivist idea, rather it is a wonderful idea for many people, the dictates of today sometimes misplaced arrogance of human reason something stop. Readmore…
Geldmengenausweiten is inflationary
July 26th, 2011
Frederic Bastiat once wrote that a bad economist, in his analysis is limited to the visible effects of a policy measure, however, note the good economist also the invisible effects. Bastiat's point of view of monetary policy should be adhered to even today, in a time when the nature of inflation is largely misunderstood and ultimately supported by policies that are harmful upon closer inspection. Readmore…
Schäuble funds Forever
July 25th, 2011
The European Council has decided now but a permanent mechanism for financial assistance to Member States of the Euro zone. In the spring it was still called a rescheduling of Greece must be prevented because some banks, the crisis had not yet been entirely overcome. Statistics on Greek government bonds held by German and other banks were presented, and the “bailout” was explicitly limited to three years. Readmore…
The e-Bonds are already on the way
July 23rd, 2011
Very decided and again not necessarily their international sympathy values is enhancing rejected Chancellor Angela Merkel by the Luxembourg Prime Minister Juncker, and the Italian Finance Minister Giulio Tremonti proposed introduction of euro bonds to cover the debt of all EU member states in the amount of 40% of their GDP. Readmore…
They are again: two economic camps, irreconcilably opposed to each other and promote diametrically opposite policy recommendations. As early as the fiscal policy re-monetarism controversy of the past century is a more Keynesian direction of market-oriented process, that is, a mechanism of action compared to the competitive pricing trusting position. Readmore…
Every year: The market for student housing
July 20th, 2011
Are on time before the start of the fall semester each year, thousands of freshmen and study space changers looking for an apartment or a room. By implementing the Bologna reforms, the situation has worsened since a change to the summer semester, for example, after completing a three-semester undergraduate studies, has become less likely. Readmore…
Export spark jumps over to the domestic
July 19th, 2011
Are faster than expected investment in Germany after the crisis has risen again. The last year already incipient recovery in external trade, the investment in this country – how often in earlier times – suggested strong.In Germany, by the strong and broad-based recovery by now been made good strong ground. Readmore…