This paper demonstrates how quality of life can be measured by plain text in a representative survey, the German Socio Economic Panel Study (SOEP). Furthermore, the paper shows that problems that are difficult to monitor, especially problems like the state of the European Union, long-term...

Mit der Lieferung der SOEP-Erhebungsdaten 2006 stehen erstmals im SOEP Daten eines verlässlichen Gesundheitsmaßes zur Verfügung, das nicht auf selbstberichteten Angaben beruht. Die in dem Bericht dokumentierten Daten werden in einem speziell aufbereiteten Datenfile im Rahmen eines gültigen...

Calculations based on data from the Socio-Economic Panel (SOEP) show that after the introduction of a statutory minimum wage in Germany in January 2015, the wage growth of eligible employees with low wages accelerated significantly. Before the reform, the nominal growth in contractual hourly...

Berechnungen auf Basis des Sozio-oekonomischen Panels (SOEP) zeigen, dass sich nach der Einführung des Mindestlohns im Januar 2015 das Lohnwachstum der anspruchsberechtigten Beschäftigten mit niedrigen Löhnen deutlich beschleunigt hat: So lag das nominale Wachstum bei den vertraglichen...

This paper takes the explanatory superiority of the integrated monetary approach for granted. It will be demonstrated that the accounting approach could do even better, provided it frees itself from theoretically ill-founded notions like GDP and other artifacts of the equilibrium approach....

The major approaches Walrasianism, Keynesianism, Marxianism, Austrianism, MMT are mutually contradictory, axiomatically false, materially/formally inconsistent and all got the foundational concept of the subject matter profit wrong. What we have is the pluralism of provably false theories....

This paper demonstrates how quality of life can be measured by plain text in a representative survey, the German Socio Economic Panel Study (SOEP). Furthermore, the paper shows that problems that are difficult to monitor, especially problems like the state of the European Union, long-term...

Economists are fond of the physicists' powerful tools. As a popular mindset Toolism is as old as economics but the transplants failed to produce the same successes as in their aboriginal environment. Economists therefore looked more and more to the math department for inspiration. Now the tide...

There is no way around it: each theory rests on a tiny set of foundational propositions. Standard economics rests on behavioral axioms. After a long intellectual detour it should be clear by now that behavioral axioms are the wrong formal departure point. Being beyond repair, they have to be...

The present paper takes it as an indisputable fact that subjective-behavioral thinking leads, for deeper methodological reasons, to inconclusive filibustering about the agents' economic conduct and therefore has to be replaced by something fundamentally different. The key argument runs as...