Magasin > Where did the money go? (Nummer 2, 2009)


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Where did the money go?

Where did the money go?


Wanted: global tightrope artists

The current crisis differs from previous slumps because it has spread across the globe. As a result, there is less likelihood that a strong actor will jump in and save the situation.

The crisis calls for a paradigm shift

The economic downturn shows that markets are not self-regulating but instead essentially self-destructive. Yet economics courses ignore this fact.

Divine enterprise

There is a strong correlation between non-conformist religions and enterprise. The emphasis that these congregations give to industriousness and taking responsibility have created favourable business environments that contrast with today's easy-money economy and irresponsible speculation.

No companies without risk takers

The problem is not getting people to start companies, but the lack of entrepreneurship that provides long-term growth. This is solved by encouraging risk-taking, not with social insurance.