Hi, I'm Matthias

I am a founding partner of Feinheit AG and Die Bruchpiloten AG. Find me on GitHub, Mastodon, Bluesky, LinkedIn or by email.

2008-01-29

Zur angebotsorientierten Wirtschaftstheorie

Robert Reich zur Steuererleichterung, welche in den USA gewährt werden soll, um die Wirtschaft wieder anzukurbeln:

This tax break exemplifies the illogic of what’s called supply-side economics. If you reduce the cost of investing, so the thinking goes, you’ll get more investment. What’s left out is the demand side of the equation. Without consumers who want to buy a product, there’s no point in making it, regardless of how many tax breaks go into it.

(The Real Recession Problem: Consumers Are at the End of Their Ropes)