Abstract The economic policy forum discusses the question of whether we need a new international monetary system. Renate Ohr argues that various interventionist policy measures such as fixed exchange rates or a tobin-tax are inappropriate in order to avoid high volatility. Instead of a new...

Abstract Since the 1970s many industrial countries constantly accumulated public debt. This was a new phenomenon that had not been observed in the years before. Scientists tried to find explanations and analysed the development mainly from a public choice perspective. In the meantime signs...

Abstract The question how much money society should pay to persons without own income (i. e. the social minimum; in Germany called “Regelsatz”) has been debated extensively in Germany. A complicated procedure has been developed to derive the social minimum from the typical consumption of...