Showing 1 - 10 of 45
This paper investigates how the concept of public purpose is used in Modern Monetary Theory (MMT). As a common denominator among political scientists, the idea of public purpose is that economic actions should aim at benefiting the majority of the society. However, the concept is to be...
Persistent link: https://www.econbiz.de/10012164582
This paper investigates how the concept of public purpose is used in Modern Monetary Theory (MMT). As a common denominator among political scientists, the idea of public purpose is that economic actions should aim at benefiting the majority of the society. However, the concept is to be...
Persistent link: https://www.econbiz.de/10012169098
In der Septemberausgabe 2017 veröffentlichte der Wirtschaftsdienst einen Aufsatz von Georg Quaas zur aktuellen Kritik an der makroökonomischen Geldtheorie. Dirk Ehnts setzt sich mit diesem Aufsatz kritisch auseinander und vertritt die Auffassung, dass auch heute noch in weiten Teilen der Lehre...
Persistent link: https://www.econbiz.de/10011808883
In this paper, the focus lies on the way the German government spends, how it spends and what the connection between finance ministry and central bank is. The institutions involved in the process are identified and discussed. As a member of the Eurozone, Germany's national central bank is not...
Persistent link: https://www.econbiz.de/10012201485
The German debt brake forces the German government to target a very specific public deficit to GDP ratio. A ruling of the German constitutional court has drawn attention to the debt brake, as it is to be enforced more tightly than the federal German government previously thought. In this...
Persistent link: https://www.econbiz.de/10014474318
'The Alchemy of Finance', a book written by George Soros (1987) on the workings of financial markets, 'has found a place in the reading lists of business schools as distinct from economics departments', according to the author (2003, 4). His theory of reflexivity, which is at the center of the...
Persistent link: https://www.econbiz.de/10013071833
The economic crisis in the euro zone proves that neither the creators of the euro nor today's policy-makers fully understand the functioning of a currency union. Explanations of the macroeconomic relations inside a currency union are therefore in demand. It is now clear that macroeconomic...
Persistent link: https://www.econbiz.de/10013071836
Die Covid-19-Pandemie und die russische Invasion in der Ukraine haben, zusammen mit dem Bericht des Weltklimarats im April 2022, die Welt verändert. Um die globalen Probleme des 21. Jahrhunderts lösen zu können, müssen wir einen frischen Blick auf die Welt werfen. Aus der Vogelperspektive...
Persistent link: https://www.econbiz.de/10014432420
"The Alchemy of Finance", a book written by George Soros (1987) on the workings of financial markets, "has found a place in the reading lists of business schools as distinct from economics departments", according to the author (2003, 4). His theory of reflexivity, which is at the center of the...
Persistent link: https://www.econbiz.de/10010210541
In his letter to US President Franklin D. Roosevelt Keynes (1933) wrote about "the technique of recovery itself". An increase in output is brought about by an increase in purchasing power, Keynes argues, which can come from three sectors: households, firms and government. Using the IS/MY...
Persistent link: https://www.econbiz.de/10011516005