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What the hell is Economy?! Study to the German desaster appeared on June 24th. |
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Just to give a short update on May 25th 2009: A total of 10 trillion new state securities will come to the markets due to the bank aids given by the G 12 countries, an amazing 27% of their GIP.
(source: IMF ) If their was a subprime bubble, now there is a state security bubble. When will it
burst? Our latest research on German state securities and the saving potential in the German state's budget appeared on June 24th. You can contact us directly by phone for this issue: 0049-8651-965 41 81 or mail to
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Nevertheless we continue to ask ourselfes what economy was and is: Did you ever asked why expenses sometimes may be refunded, but never lifetime nor opportunities?
Why is your used car always more worth when you sell it?
If you know that every win causes a loss at the same time, would you again - despite knowing the Categorical Imperative of Immanuel Kant - proceed to become a winner only?
Why is 48% of all business done with only one customer?
Why did they had success with exactly that business you were told that there's no way to succeed with?
Why do economists always explain things after they happened?
Why do you believe that our today's debts won't go the same way than those of the antique Rome and of Venice in the renaissance did?
Why did you choose the wrong location for an exorbitant price?
Why do others invest in stocks at it's low and sell them at the all-time-high while you did the opposite?
Why is your income so poor after your divorce?
What makes you believe that success is a reward for efforts and labour?
Did you mind about the fact, that nearly none of the world's wealthiest men in economy studied economics?
Don't you think you could buy happiness and lifetime on the market if they would be that worth what you suppose them to be?
Would you as well have chosen a child instead of a Mercedes Class S if you knew that both cost the same?
Do you believe those people who are frankly telling you what you should better not do have the smallest idea about what you should do?
When you guess on the few businesses in your life which really worked - did they only come from your efforts or have you just met the opportunity at the right time?
Did you learn at school and at home that economy is opposed to politics, charity, culture, society and humanity? And have you than met a person involved in those five? And haven't this person asked for money? Perhaps not you, but in general?
What about the goods you wish they wouldn't be devoted to economical thinking as: your honour, your love, your passion?
What would you do if your father always told you that all you've got do was "to be inside" and you didn't ?
How many employees does a real artist in finance needs to make, let's say a billion? (Mark the answer)
4? 5? 6?
(you might have thought that you are clever answering "4" or "5", but you weren't. Six is the absolute minimum!)
If you promote the absolute need of profits to launch charity - do you really want to exclude those 90% making no profits but perhaps want to be charitable as well? Did you enjoy these questions? |
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Two years "what is economy" - a short resume |
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This website started two years before the so called "Financial Crisis". The first insider
report was about the risks in the Global Finance system, featuring an interview with
German grassroot economist Dr. Dirk Solte. At the time all media refused to report
about these risks, especially Financial Times, Frankfurter Allgemeine, Welt, Süddeutsche Zeitung
and SPIEGEL. In the meantime Dr. Solte's book appeared and I wrote a book on the
German part of the Financial Crisis. Nevertheless most of our vistors here come from abroad and typed in Google "What is economy",
so that this small partisan website is No. 4 in Google . But even in No. 2, the Wikipedia article on
Economy in References you find a link to this website.
My basic question What is economy? is still rejected by economists and media. Before the crisis
it was because of the booming and bubbling economy, now it's because of it's decline.
My first studies in overcoming the monetarian GDP by creating a GCP, a Global Commons Product, were published in some portals as the Library of the Commons of the University of Indiana or The Funders Network on Trade and Globalization . But that doesn't mean that I can enter the economic discourse by it. I keep on being an Alien in Economic Sciences. Conservative people as the former Senior Chief Economist of Frankfurter Allgemeine Zeitung, Dr. Klaus Peter Krause , are calling me a "left wing ratcatcher".
You are invited to make your own picture of my work - and keep on questioning yourself what economy is about. 
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Discussion of the Global Commons Index |
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Here is a selection of statements on my Research Paper: Pro: "I guess what you call ‘freeware’ I call ‘ the commons.’
We are kindred spirits!"
Peter Barnes, Author of Capitalism 3.O, California
"Your research approach of a Global Freeware Index seems a possibility to me, to gain new perspectives on the state of development and the potential of national economies."
Dr. Michael Holstein, Makro-Research, DZ Bank AG, Germany
Neutral:"I can't see a paradigm change towards a new philosophy of economy! In the end Freeware stays to be nothing else but an - of course generic innovative - popular instrument of marketing and market entry within the web-based economy. The projection of Freeware analogies in addition to the well known public goods in sectors as labour market, social transfers, globalization and entrepreneurship brings up more questions than you are able to solve.
The Freeware theorem doesn't offer a solution for the problem of scarcity: As long as scarcity exists economy follows the rules of offer and demand - that's of course also the case for the sector of Shadow Economies you mentioned, which follow the market rules as well, but in the secret.
The aim of your Freeware Index is to make "priceless" goods and activities quantifiable. It stays open, how this will accomplish. Finally it should lead to such a thing as an index of the "status of public goods", which will generate more approximate values than real measurability.
Nevertheless I suggest that we could maintain an exchange which widens yours and our perspectives."
Dr. Stefan Empter, Bertelsmann Foundation
Contra:
"The idea, to ascribe defined resources to the category Freeware misleads us. That's not only a semantic problem, but it refers to a fundamental dissent in conceptual thinking."
Prof. Gebhard Flaig, Ifo Institute, Germany
"Me and our specialists discussed your initiative intensively and came to the result, that beside the Transformation Index developed by us and the OECD-Reform Index, which we develop and the other indices in use as the World Development Index there is no need for further indices."
Dr. Jürgen Turek, Centrum für angewandte Politikforschung, Germany
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Read papers of exceptional Economists: |
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