Beschreibung
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.
