Die Sharing Economy hat sich durch die neuen Kommunikationsmöglichkeiten aus der Nische in die Mitte der Ökonomie katapultiert. Dabei betrifft das Phänomen sehr unterschiedliche Marktbereiche: vom altruistisch motivierten Teilen unter Freunden und Nachbarn bis zu kommerziellen...

Thomas Piketty's (2014) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...

With minimal sleight of hand, it is possible to transform the recent growth experience of the People's Republic of China from the extraordinary into the mundane. Systematic understatement of inflation by enterprises accounts for 2.5% growth per annum in the non-agricultural economy during the...