By Professor Dr. Gerhard Fels, Dr. George M. von Furstenberg (auth.), Professor Dr. Gerhard Fels, Dr. George M. von Furstenberg (eds.)
This ebook bargains with supply-side economics and the wanted reorientation it is going to deliver to West German coverage. The swap, prompt after looking research, might upload as much as an total procedure for liberating markets, for elimination government-imposed distortions, and for utilizing free-market ways to right distortions imposed through strain teams. the method might pierce Germany's state-supported encrustations and corporatism. it'll equip the rustic to stick with the lead of the USA and nice Britain in beginning to get away from the tangle during which taxes, rules, and unemployment have grown in step. the approaching crowning glory of the ecu inner marketplace in 1992 provides urgency to this task.
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Extra info for A Supply-Side Agenda for Germany: Sparks from - the United States - Great Britain - European Integration
Robert H. , particularly in the airline industry. He concludes in effect that if the economics profes- sion had not made the case for pro-competitive deregulation, it probably would not have occurred at all. This success should It demonstrates that economic encourage supply-side proponents. arguments can have a decisive impact in the political arena, provided that certain conditions are fulfilled. First, economi- sts have to present their arguments in a way that is easy for a broad public to grasp.
Johnson (1971). He pointed out that a "revolutionary" economic theory depends for its success on certain key characteristics, one of which is the existence of an important economic problem that the established orthodoxy has proved itself incapable of explaining or solving. Having written his article at the beginning of the 1970s, Johnson applied his reasoning to Keynesianism and monetarism, but it seems to apply with equal force to supply-side economics. S. K. experiences confirms that view. S.
S. and Switzerland. The dramatic reduction in working hours over the last decade is a very clear, albeit certainly not the only indication of a profound change in attitudes toward what may be termed "postmaterialism" among many Germans, particularly the younger generations. In this environment of postmaterialism, Germany's sluggish growth rates in recent years obviously are not a cause for much public concern. In fact, the country seems to be quite com- placent in spite of its poor performance.
A Supply-Side Agenda for Germany: Sparks from - the United States - Great Britain - European Integration by Professor Dr. Gerhard Fels, Dr. George M. von Furstenberg (auth.), Professor Dr. Gerhard Fels, Dr. George M. von Furstenberg (eds.)