eBook - PDF

The Lingen Equilibrium Model

Name: The Lingen Equilibrium Model
ISBN: 9783643964724

Hermann Witte,

358 pages
English
PDF
Available on iOS & Android

eBook - PDF

The Lingen Equilibrium Model

Hermann Witte,

About this book

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. Dr. Hermann Witte, Professor of Business Administration, Logistics and Environmental Economics, University of Applied Sciences Osnabruck, Campus Lingen, Institute of Management and Technology.

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