Demonstrates how ideas in economics have shaped business decisions and models, as well as government policies. Discusses the pace of future innovation, how economists think about the world, and the role and importance of markets and their limits.

Eine Krise jagt die andere: Klima-, Finanz- und Corona Krise. Die etablierten Wissenschaften schweigen dazu, verweigern sich, Verantwortung zu übernehmen. Dies zu ändern, ist das Anliegen der engagierten Autoren dieses Textes. Dieser will ein neues Verständnis für Zusammenhänge und Ursachen...

Fabian Schnell develops a model indicating that by keeping real interest rates too low, monetary policy can distort the allocation of resources across firms and potentially delay economic recovery after a recession. This is a new channel of monetary policy that is especially relevant in view of...