Economics and politics - comment and analysis

Prices and the Market Economy

Inflation continues to be on everyone’s lips. At 7.4 per cent, a rate was reached in April this year that is almost unique in the history of the Federal Republic of Germany. Only in the early summer of 1973, around the turn of the year 1973/1974 and in October 1981 was the rate of increase in the consumer price index higher than at present. …

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Eastern Europe and Russia – The economic disaster we created is forgotten – Part 4

Catastrophic events can carry the seeds of fundamental improvement. Thinking beyond the day, it is clear that a future peace can only be permanently secured with new concepts. Perhaps the West, and Europe in particular, will now finally learn that this requires much more than open markets. …

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