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