Economic Freedom

Due to a strike Shifts for the first November 2011 scheduled first game of the NBA season between the Dallas Mavericks and the Chicago Bulls until further notice. Since 06/01/2011 the players wrestle NBPA society.Main sticking point that brought the fans of this “nuclear winter”, between the league owners and the players union NBPA is to divide the total annual revenue of around 4. Readmore…

As currently all about the euro, one could have missed this message smoothly. At the Cabinet meeting in early November in addition to the “tax reform lite” and a decrease of the income threshold for highly skilled immigrants from earlier to 66 000 € 48 000 € now been resolved.This is certainly a step in the right direction, had one – but hope of foreign applicants for a position at a leading management consultancy, to get a work and residence permit – possibly even with German taxpayers' money at a local university trained. Readmore…

After the European Council in December 1989 had agreed in principle, the European Monetary Union began, in a long tug of war of the Intergovernmental Conference on the future shape of the European Central Bank. The French President Mitterand and his finance minister Bérégévoy reluctant to German concept of a European Central Bank, which should be as independent as the German Bundesbank. Readmore…

1 The pressure for change in the government debt policy can not be mitigated. In the founding of the European Monetary Union, he was created for Europe from the outset, and the global financial crisis has finally made the task of the whole world aware. Hence everything is considered. Greece not only the problem and what has evolved from purely superficial him. Readmore…

In the U.S., the pursuit of happiness of the human constitution. Even the economists are, in principle, always in search of happiness – directly and indirectly. However, the luck was not always lucky, but often referred to as wealth or welfare. And so the problem begins even to know: What exactly is happiness and how can it be measured? This was recently discussed by Rainer Maurer in public policy blog. Readmore…

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…

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…

In Bremen, has been re-elected a government that is responsible for the economically and educationally worst performance in Germany: Bremen from all provinces by far the highest per capita debt receives and also from the countries financial compensation to Berlin, the second highest transfer payments. Readmore…

Can prevent the European stability mechanism as the future debt crises in Greece and Portugal? Clearly not, because private investors are still benefiting from the high interest rates of non-performing government debt – a fair share of the credit risks they are not. How should a better crisis mechanism look that offers the affected countries, the private creditors and the guarantee countries in the euro zone has an incentive to overcome the debt crisis, and is likely to save the monetary union from disintegration?. Readmore…

Rewards and punishments represent guiding behavior incentives that make the action more probable or less probable. Therefore, psychologists call this method of learning, a learning of consequences. Only a high penalty rate is having an effect. Is apart of the punishment, it acts indirectly as a reward for the unwanted behavior. Readmore…