Economic Freedom

On 6 September removed the Swiss National Bank announced that it was only a matter of time before it would come to a trend reversal. The devaluation of the euro and the appreciation of the franc began in 2008 and is continuing steadily since then.A second argument that plays on the grounds of the current action as well as in the intervention period 2009/2010 a role to trigger more expansionary monetary policy impulses. Readmore…

Economics has experienced a few decades ago a small break, as public choice – the economic theory of politics – appeared. Political decisions are now themselves the subject of economic analysis and not simply relegated to the data ring. That's one side.The other side of that one now has to put up with quite the accusation touching naivety, is when you give advice on economic policy without taking into account how their realization changed the incentives of policy makers. Readmore…

If you look, the interest rates on the market for 10-year government bonds relative to Germany, we recognize some worrying trends, where the Irish and Portuguese in September last year, and the Irish and Portuguese, with about 8%, where the Greek stood in March of this year. Readmore…

“There is no politician who wants to ignore the laws of physics when building a bridge. But there is a tendency in politics in every country to suppose that the laws of economics are flexible and can be adjusted to political necessity. “€ has its future behind him. In the present constitution, he has no chance. Readmore…

In the euro countries are the traffic lights on red for fiscal policy, it must be sacrificed so much the well-to high national debt gets out of hand any further. Otherwise, the distrust of the financial markets towards further debt states are reaching out and destroy all hope of economic recovery in the euro area broad and lasting stability of the single currency. Readmore…

Have in the amateur leagues of German football intensified in recent decades emerged through the media-effective model of professional football semi-professional employment. The resulting demand charges paid during their sporting careers in many cases, no sideline, but they are often not able to do without a professional sports career after the operation. Readmore…

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…

More and more threatening Figures for the Greek government debt have raised in recent months, growing doubts about the solvency of the Greek state. In national and international level is therefore – despite denials – is increasingly loudly about a “soft” debt restructuring or one does not exist. Some basic problems of such an insolvency procedure will be discussed below. Readmore…