Global FDI-Stock Accumulation: A Question Of Causation

In 2006 and 2007 I worked on my graduation project. The subject of my thesis focused on the integrating world economy by specifically looking at foreign operations in the Netherlands. In this context I gathered data on foreign operations in the Netherlands for the period 1980 to 2005.

Curiously, the United Nations Conference on Trade and Development (UNCTAD) says it has similar data for three countries but they never published these. In that regard, my study explored uncharted waters.  And unfortunately, I could not make any statistical comparison.

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Capitalism, Free Markets and Patents: Grounds For A Major Policy Revision

Among the many economic problems of today one important issue has been receiving lesser attention. Of course the credit-crisis is more appealing and necessitating serious attention because of its detrimental impact it has and potentially will have for the world economy in the coming months and years.

However, this article focuses on another major issue: the international patent framework. This article sets out a necessary policy revision, which ultimately provides necessary economic incentives in case of a financial meltdown.

One pervasive misconception on market capitalism is that our economies are driven by free markets. Despite a couple of centuries of economic science and theory, free markets have still not been established. The capitalist markets of today are not synonymous with free markets. The globalization of market capitalism of today is more synonymous with oligopolistic markets and at times even with monopolistic markets. If capitalism can be saved its cure is found with laws and regulations that aim for free markets to emerge. One of these policy revisions enabling this goal, concerns an adjustment in our patent-framework.

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Redt de Nederlandse woningmarkt! Maar hoe?! Plan B

De Nederlandse huizenprijzen zijn overgewaardeerd en dreigen in te storten. Deze overwaardering is in 2007 op 30 procent geschat (Herengrachtindex). Deze schatting werd eerder dit jaar onderschreven door het IMF. Bloomberg.comi meldde 24 november j.l. dat nabij het van Gogh Museum in Amsterdam de huizenprijzen met 13 procent zijn gedaald.

De oorzaak van de overwaardering van Nederlandse huizen is tweeledig. Ten eerste heeft De Nederlandsche Bank jarenlang een veel te ruim monetair beleid gevoerd. Hierdoor konden commerciële banken steeds meer schulden creëren. Ten tweede werd deze schuldcreatie door de Nederlandse overheid gesubsidieerd middels de hypotheekrente aftrek (HRA). Het financieringspotentieel van huizenkopers is hierdoor jarenlang veel te hoog geweest, met een zeepbel als gevolg.

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