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From Leftist to Liberal: Hans-Werner Sinn and German Economic Policy (Ludger Wößmann); A Request to Hans-Werner Sinn, Economist, Commentator and European (Wolfgang Schäuble); Not against the Laws of Economics - Hans-Werner Sinn as a Public Intellectual (Jens Weidmann); Hans-Werner Sinn and Germany's Natural Unemployment Level (Edmund Phelps); Pension Reform: Hans-Werner's Research and Policy Impact (James Poterba); On the Young Sinn, the Political Economist, the Entrepreneur and the Friend (Assaf Razin); Hans-Werner Sinn, Cassandra and the Aristotle's Lesbian Rule (Harold James); Riester Pensions (Peter Diamond); Hans-Werner Sinn: A Tribute to His Contributions to Research in Economic and...
Competition between companies tends to be beneficial for thegeneral public, but is this also true for competition betweenStates in a world with global financial markets, low transportcosts, and increasing migration? In this book, Sinn provides asolid economic analysis of the competitive forces at work andaddresses how we should organize competition between systems sothey will enhance the efficiency of these systems, as opposed toacting destructively on them. Provides a thorough economic analysis of the competitive forcesat work between nations and governments. Analyzes a wide range of state activities, including taxation,public goods provision, income redistribution, environmentalpolicy, safety standards, and competition policy. Addresses ways to organize competition so it will enhance theefficiency of these systems.
The 16 essays in this book were written to celebrate the 90th birthday of Richard Musgrave and to commemorate the tenth anniversary of CES, the Center for Economic Studies at the University of Munich. Musgrave is considered to be a founding father of modern public economics. He belongs to the intellectual tradition that views government as an instrument that can be used to correct market failure and to establish the society that people want. Although his work fits within the individualistic framework of modern economics, he also draws on principles of moral philosophy.
Europe and much of the developed world have been bogged down by stagnant economic growth and alarmingly high rates of unemployment. But not Germany. This book reveals seven key aspects of the German economy and society that have provided considerable buoyance in an era of global turbulence.
In this volume, specialists from the United States and the European Union examine conceptual and empirical issues involved in antitrust policy in light of recent developments in the field.
The unification of Germany is a policy issue of worldwide interest and holds key lessons for the remaining post-socialist economies. This text presents a clearly argued analytical account of the reunification process and the policy alternatives.
What caused the eurozone debacle and the chaos in Greece? Why has Europe’s migrant crisis spun out of control, over the heads of national governments? Why is Great Britain calling a vote on whether to leave the European Union? Why are established political parties declining across the continent while protest parties rise? All this is part of the whirlwind that EU elites are reaping from their efforts to create a unified Europe without meaningful accountability to average voters. The New Totalitarian Temptation: Global Governance and the Crisis of Democracy in Europe is a must-read if you want to understand how the European Union got to this point and what the European project fundamentally...
The Fundamental Issues Involved Why do we need a theory of uncertainty? It is a fact that almost all man's economic decisions are made under conditions of uncertainty, but this fact alone does not provide a strong enough argument for making the effort necessary to generalize ordinary preference theory designed for a world of perfect certainty. In accordance with Occam's Razor, the mathematician may well welcome a generalization of assumptions even if it does not promise more than a restatement of known results. The economist, however, will only be well disposed towards making the effort if he can expect to achieve new insights and interesting results, for he is interested in the techniques n...
A prominent economist argues in this German bestseller that Germany can rescue its sluggish economy by transforming its social welfare system and reforming its labor market and tax structure, offering insights into economic dilemmas experienced by all advanced economies in a time of globalization. What has happened to the German economic miracle? Rebuilding from the rubble and ruin of two world wars, Germany in the second half of the twentieth century recaptured its economic strength. High-quality German-made products ranging from precision tools to automobiles again conquered world markets, and the country experienced stratospheric growth and virtually full employment. Germany (or West Germ...
In Casino Capitalism Hans-Werner Sinn examines the causes of the banking crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Sinn argues that the crisis came about because limited liability induced both Wall Street and Main Street to gamble with real estate properties. He meticulously describes the process of lending to American homeowners and criticizes both the process of securitizing and selling mortgage claims to the world, as well as the poor job rating agencies did in providing transparency. He argues that the American Dream has ended because the world now realizes that this dream was built on loans that are neve...