One of the employer's problems in his relationship to the employee is limited enforceability of work-quality. There are two types of instruments: the employer has at hand while motivating employees for higher efficiency - higher wage as a carrot and monitoring as a stick. These two instruments...

The author raises doubts about a sense of "catching up" and an idolatry of HDP´s growth. His argumentation is based on the longitudinal international research of the link "economics-happiness" at the frontier between economics and psychology. The rationality of economic science "more is better"...

Doubts about the intrinsic value of economic performance are nothing new (T.Scitovsky, J.Galbraith). The paper starts with a criticism of „catching up“ models and a „puzzle“ of East Germans dissatisfaction with a rise of welfare after the Berlin wall’s fall. Author provides a sketch of...