From economic stability to social order: The debate about business cycle theory in the 1920s and its relevance for the development of theories of social order by Lowe,Hayek and Eucken∗

Abstract

The concepts of Adolph Lowe, Friedrich A. Hayek and Walter Eucken play an important role in the discussion of an adequate theory of economic and social order. It is noteworthy that at the beginning of their academic careers, these three economists dealt primarily with questions of business cycle theory. As we will show, this is not coincidental, but can be explained by economic history and the history of theory. Furthermore, all three economists agree that establishing a comprehensive social order would provide the basis for economic stability, although each postulates a different relationship between liberty and order.     

Ende der steueroasen in Sicht

Ohne Zusammenfassung     

The State of Research on Information Systems Success

Measuring information systems (IS) success is of great interest to both researchers and practitioners. This article examines multidimensional approaches to measuring IS success and explores the current state of IS success research through a literature review and by classifying articles published between 2003 and 2007. Based on a total of 41 academic journal and conference publications, the relevant research carried out is identified, while the research results are categorized, consolidated, and discussed. The results show that the dominant empirical research analyzes the individual impact of a certain type of information system by ascertaining users’ evaluation of it by means of surveys and then applying structural equation modeling. The DeLone and McLean information systems success model is the main theoretical basis of the reviewed empirical studies. This article provides researchers with a comprehensive review and structuring of IS success research. Furthermore, opportunities for additional development are identified and future research directions suggested.     

Für einen einfachen,transparenten und effizienten Finanzausgleich

Tax revenues are allocated to the “Länder”-budgets in a very complicated process which lacks any transparency and unsurprisingly has been (and is currently) the subject of numerous legal suits at the Federal Constitutional Court. But the most striking feature of the whole system is its final outcome: a nearly equal distribution (per head) of tax revenues among all 16 states. If that is the aim, the process could be achieved much more easily. The authors suggest a central tax administration, a political determination of the state’s tax share and a distribution of that share among the single states according to the population, partly weighted with the states domestic product per head. Such a system is simple and transparent and apt to fulfill distributional as well as allocational purposes.