If you follow the discussion about the health care reform in the U.S.A. then it becomes obvious how ambivalent the subject of health care is being discussed, even so health care is the most important job motor since decades and is also the most important cause of full employment in the U.S.
The Guardian from Sunday 26th March 2017 „Populism is the result of economic failure” by Larry Elliot.
The author rightly noticed that in bad economic times people vote for populism, as we can see momentarily happening all...
We are today in a similar situation as in the mid-19th century. The liberalism had established itself as the leading economic thinking. Unemployment was extremely high, the economy was in a deep recession and the distance between rich and poor was ultralarge and continued to increase.
The free market economy is an economic system that even though it does not stipulate specific moral for market participants, it does not work without moral. To be able to work, the free market economy needs honest business people, incorruptible officials and politicians and unbribable journalists and scientists.
In the New York Times of 13th May 2016 Neil Irwin described the most impressing innovations of the 19th and 20th century. But for 2016 there were only mentioned innovations with a very limited impact. It is a widely spread opinion that for the last 20 years no break-through innovations came into the market. And this...