INOMICS und unsere Muttergesellschaft 11 Academia Networks sind Amazon Associates, was bedeutet, dass wir ein Teil des Partnerprogramms sind. Dieser Artikel enthält Links von Amazon und anderen Partnern, was meint, dass wir Geld durch alle Käufe verdienen, die nach dem Durchklicken getätigt werden. Dies ist jedoch kein gesponserter Beitrag. 1. Why Nations Fail: The Origins of Power, Prosperity and Poverty Deutsche Ausgabe hier

Die Wirtschaft (Economics) kann man nicht nur durch Bücher (books) und Zeitschriften (journals) verstehen - tatsächlich gibt es eine Reihe großartiger Filme, die von Wirtschaftsthemen handeln. Von der Finanzkrise 2008 bis hin zur Entstehung der Spieltheorie haben Filme eine Vielzahl von Themen abgebildet, die für Wirtschaftswissenschaftler von Interesse sind.

On a more encouraging note, Alston observed an opening up of the conversation on mental health, a much overdue de-stigmatisation, which has facilitated the gradual emergence of initiatives aimed to mitigate the problem, found in places as far-flung as New York and Mangalore. Although a welcome sign, it’s clear much more needs to be done – too many young people are falling through the cracks.

Its defining feature lies in the assumption that production, rather than demand, is the primary factor in creating and sustaining economic growth. To that end, its proponents advocate the lowering of taxes and removal of regulation. Less taxation, they claim, means more profits for businesses, who, freed of red-tape and compelled by self interest, can reinvest their increased earnings, generating a larger supply of goods and jobs. It’s thus that the economy grows - tax cuts pay for themselves.

The following article is an analysis of data taken from the INOMICS Salary Report 2020/21 - which is available to download in full here. Specifically, this article looks at the average salaries of economists around the world working in academia, the public sector and the private sector. It is the first instalment in a series of insights handling the Report’s findings.

'The greatest science policy failure for a generation’ is how the editor of The Lancet, Richard Horton, described the UK’s COVID response last June. It was a widely shared sentiment  – made credible by the UK having one of the highest death rates in the western world. Fast forward to the present, and the government has finally claimed a ‘much needed win’ – a big one, too.

But we knew this. Consumers are aware of the tradeoff they make buying books on Amazon instead of at the bookshop they walk past on their commute. And shopkeepers, obviously, don’t need telling - they’ve been struggling against internet forces, and before that out-of-town superstores, for years. Now, though, in this COVID-defined moment, lingering hope for a reprieve may well have been dashed, as, in accordance with lockdown and social distancing, even the most committed high street consumers have been kept away - and it’s unclear in what numbers they’ll return.

In the words of Economist, Dambisa Moyo, the answer is zero: African people ‘are worse off; much worse off… aid has helped make the poor poorer, and growth slower’. A strong condemnation this may be, but Moyo's assessment is no outlier. Development expert, William Easterly, has drawn similar conclusions – his study ‘Can Foreign Aid Buy Growth’ revealing an inverse correlation between aid and per capita growth.

Although over a decade later neoliberalism is yet to be replaced, its grip on power has considerably loosened, the pandemic – and all its attendant injustice – forcing the most recent reckoning with its shortcomings. It’s a process we can see in real time, with new political formations emerging on both the right and left. Indeed, alternatives that in previous years would have been dismissed as too radical, utopian or even regressive, are now earnestly discussed as people seek an exit from the current political model. 

The carriers must pay attention to their passport validity An erection of a harder border between the UK and EU involves not only changes in customs work, fees and tax calculations, and other money-related issues, but a lot of small details, many of which were previously ignored by carriers, and which are now critically important. 

Increasingly sidelined, the one-time arbiter of sensible, down-to-earth politics, has seen its stock plummet and the centre-ground left barren, sparsely populated by members of a fading political establishment. As Mehdi Hasan has observed, ‘labels like 'centrist' and 'moderate,' which common sense tells us should reflect the views of a majority… have come to be applied to those who represent minority interests and opinions”. But why? How exactly has this come to pass? And where, if anywhere, does the future of the centre lie?

Kapitalismus oder Sozialismus? Francis Fukuyamas Ausrufung der liberalen Demokratie zur höchsten Entwicklungsform eines Staatsgebildes hat sich bislang noch nicht eindeutig bestätigt. Die uralte Frage "Kapitalismus oder Sozialismus?" hat wieder an Bedeutung gewonnen. In einem auf der ganzen Welt erkennbaren Muster stehen Politiker vor einer Wahl - eine ungewöhnliche Sache in der modernen Politik -, die man grob so beschreiben kann: Willst du mehr Kapitalismus oder möchtest du ein wenig Sozialismus ausprobieren? Das klingt einfach, aber die Frage ist in der Tat vielschichtig.

The damage wrought by COVID, far from equalising, has been pointedly prejudiced. While the virus itself may struggle to differentiate between people, the world in which it operates has no such problem. Indeed, its structures have ensured COVID’s disruption of employment has fallen unevenly across regions - the experience of economists a case in point.

That the world of work has radically changed we know, we see it before our eyes: kitchens have replaced offices; pyjamas, suits; and housemates often now fill the space previously occupied by colleagues. But how have these changes - and others - been felt by economists around the world? Through a textual analysis undertaken in the INOMICS Salary Survey, we answer that question and, in doing so, paint an anecdotal picture of economists’ COVID experience.

Perhaps a worse indictment, however, is that for many they never had much effect. They never came close to capturing their actual reality: the shortage of food, the fragmentation of community, the political alienation. While coping with these concerns, that the 1% had further increased their collective wealth by X trillion dollars was only ever background noise, a little salt on the wound. Statistics of this kind may sell newspapers, but they don’t capture experience.

A couple of steps short of humanitarian disaster and incalculable damage to the environment At the end of the year around Christmas, up to 10,000 trucks headed from Dover to Calais via the Eurotunnel. When France suddenly closed its border with the UK, all trucks and their drivers that were still in Britain got stranded in the ports without any information about when they would be able to continue their journeys, and without food or access to essential hygiene facilities.

Less than a year on from COVID’s genome sequencing, vaccination programs are being rolled out around the world. And while the pandemic is far from over, it would appear we’re approaching its endgame, arriving there faster than anyone dared hope. The previous fastest ever vaccine to be developed was for Mumps - and that took four years.

Es wird immer wieder gesagt, dass das Virus nicht zwischen Menschen unterscheidet, tatsächlich sind aber nicht alle gleichermaßen von der Pandemie betroffen. Der leitende Redakteur William Pearse hat bereits Artikel darüber verfasst, dass Covid 19 die Angehörigen ethnischer  Minderheiten und Personen aus ärmeren Gemeinden Großbritanniens besonders hart getroffen hat.

Im Jahr 2020 hat INOMICS erneut eine Gehaltsumfrage durchgeführt und dabei den Zustand und die Gesundheit der Wirtschaftsberufe weltweit untersucht. Wie in den Vorjahren wurden bei der Umfrage Gehalt, Branche, Dienstalter, Standort, Geschlecht und Bildungshintergrund abgefragt. Unsere Umfrage startete im Frühjahr 2020, gerade als es einen exponentiellen Anstieg an Corona-Infizierten weltweit gab.

The United Nations Convention on the Law of the Sea (UNCLOS) stipulates that the primary responsibility for vessels lies with the flag state of the vessel. Consequently, this means that each merchant vessel must be registered under the flag of a specific state. The flag state of the vessel is responsible for the inspection of the vessel and compliance with safety, pollution prevention, crew certification and international standards.

Halloween is probably one of the best occasions to demonstrate how seriously you take yourself (or not!) and how far your creativity can go to show it. If you think that Halloween is below your intellectual level, well, they say that even Paul Krugman threw one economics-themed party, where “two guests came as Asian tigers, several came as hedge funds, one woman came as capital, dressed as a column..."

Economics is serious business, but sometimes we all need a break! And that's when the internet is there: to sympathise, to commiserate, and to make us smile at the end of a tough day. Fortunately the stereotype of economists being humourless is not true – there are plenty of fun and funny economists who are out there sharing their humour. From students to senior professors, there are memes on the internet to express all aspects of the study and practice of economics. Below you'll find 10 of our favourite memes that we know all economists will love!

Sind Eingriffe in Ökonomien ein nützliches Werkzeug, um den Frieden zu sichern? Kann Wirtschaftspolitik dazu genutzt werden, Kriege zu verhindern? Aufgrund der Globalisierung, die zum festen Bestandteil der modernen Politik geworden ist, ist diese Frage wichtiger denn je. In diesem Artikel widmen wir uns Argumenten für oder gegen einen Einfluss wirtschaftspolitischer Entscheidungen auf Krieg oder Frieden. Check unsere Programme für Doktoranden im Wirtschaftsbereich

Speaking of current issues under the influence of COVID-19, events on the water, or sea, which is another parallel world with its written and unwritten laws, are somewhat undeservedly forgotten. Looking at the latest data, we need to talk about a very worrying trend over the last year. Although global maritime piracy is not as high as between 2009 and 2012, in 2020 the number of pirate attacks and attempts has increased by 24% compared to 2019.

According to the International Chamber of Shipping, more than 50,000 container ships are currently active in the oceans. These are large vessels that carry cargo in closed containers. The capacity of a container ship is measured in twenty-foot equivalent units (TEU), while a vessel with a capacity of more than 20,000 TEU is defined as a very large container ship.