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Lingen Equilibrium Model The

Lingen Equilibrium Model The PDF Author: Hermann Witte
Publisher: LIT Verlag Münster
ISBN: 3643914725
Category :
Languages : en
Pages : 356

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Book Description
Equilibria protect against crisis. All disciplines of sciences have the objective to create equilibria. But economics are not successful in this point. Here a simple equilibrium model based on a wage-price-rule is demonstrated. Economics are able to create economic equilibria by using this rule. But in economic systems there are a lot of rules, especially in accounting, which make economic equilibria impossible. These rules must be changed. If it is possible to create economic equilibria, the side-effect is the realization of economic sustainability.