One Emnid survey found that 50% wish the Germans back to the old German mark. How realistic a German withdrawal from the monetary union and the introduction of a new Deutsche Mark has pointed out the dangers of disintegration of the political union. With Germany's withdrawal a withdrawal of other countries would likely race. Readmore…
The first observance of agreements on private and social levelMeyer family buys a new TV in the electrical market. Why such a transaction works in the lived practice usually totally friction-free economy? Why do economists have rarely deal with simple purchase agreements and their failure? The reason is simple. Readmore…
Make your shopping day cheap and interesting with discount options.The power of money is much talk. Less clear is what is said with the many words. Because even the term “power of money” allows many interpretations. In addition, I'm on the basis of a broad and a narrow concept of Mach two interpretations of the slogan of the “Survivors” propose and discuss.1 PowerFirst, power is generally in the potential of being able to reach any own goals, and secondly to contribute to achieving its own goals, the achievement of other limiting. Readmore…
The crisis in the euro zone is changing rapidly from the crisis of over-indebted individual countries into a crisis of the monetary union itself behind the country crises are ultimately covered claims that exceed the economic performance. It was in Greece and Portugal, the income rights of citizens, which were reflected in rapidly rising wages and escalating state benefits. Readmore…
So far it succeeded The national football league, central market the game to secure for their entertainment services national exclusivity. In this case, the relevant pay-TV in general, the TV rights to a pay channel like Sky or Teleclub be sold, which then broadcasts the games live over an encrypted signal. Readmore…
On 29 September 2011, the Bundestag is located on the extension of the euro bailout European Financial Stability Facility. With the continuation of the rescue packages for highly indebted euro states with progressive centralization of economic policy at EU level, however, confidence and stability in the euro zone is not restored in the long term. Readmore…
Normally, economists actually say little or nothing about intergenerational equity issues. Too vague, the concept of the term meaningless. How should the war experiences of the one with the environmental problems of another generation and then set off even with the respective pension payment? An impossible task. Readmore…
“If the joint account in the restaurant by the number of diners shares, then each ordered lobster and beef tenderloin.”Everywhere in Europe, the credit-financed party ends. The financial hangover is large, economic disillusionment is spreading in Southern Europe more than anywhere else. Readmore…
By Ludwig von Mises and Friedrich A. von Hayek developed Austrian business cycle theory is an excellent explanation of the financial crisis. The ÖKT based on Carl Menger and Eugen von Böhm-Bawerk's capital theory developed. Their main finding is that human actions and investments take time. To investment projects successfully through to completion, real savings are necessary in order to maintain production factors employed in the projects. Readmore…
Last Thursday have agreed the Heads of State and Government of the Euro-member countries on a new bailout plan for heavily indebted Greece, which was rewarded by the stock exchanges at least by rising prices. He is initially composed of new financial support amounting to 109 billion €, an interest rate reduction for and the deficit ratio in all EMU member countries that are not dependent on aid programs, are reduced to 2013 under the 3 percent limit. Readmore…