Posts Tagged:Economics

Who needs GDP? Focus on Well being and Ecological integrity!

Last week, Sigrid Stagl from the Vienna University of Economics and Business gave an interesting talk on ecological economics as part of the “Future Lectures” series. Based on the lecture series’ underlying theme of sustainability, earth system boundaries and human interference, she focused on two aspects of climate change and how ecological economics fits into…

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Europe: Austerity fails

Finland, Slovenia, Slovakia, Greece, Italy, Spain, Ireland, Portugal, Romania, the Netherlands and probably soon also France – this is the Guardian’s long list of the European countries whose governments resigned or weren’t re-elected during the past 14 months (!) due to their failed austerity politics. So, what remains from Europe’s two-year long try to calm…

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Three Important Statements on the Economic and Financial Crisis

There’s a lot to say about the current financial and economic crisis. When daily news on bankrupt European countries, US debt or increasing commodity prices are increasing global imbalances, it becomes more difficult to stay on top of things and make sound economic predictions. That’s why I’d like to share three recent intersting analyses: Nouriel…

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Flassbeck urges us to think holistically

At the end of June, Heiner Flassbeck visited the Kreisky-Forum to urge politicians to think holistically again as holistic thinking has disappeared from politics after the end of Keynesianism 30-40 years ago. In particular, Flassbeck criticized that politics ignores the logic of the global economy and that people didn’t benefit from the increases in productivity…

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