This week’s lecture was on how to grow the GDP (gross domestic product) by two of the seven possible factors. “Human capital” as well as “growth in population”.

He started by discussing the “ideal state” and the need for growth, and with interceptions on the latest OECD studies, and their discussions on the state of Germany, as well as discussions on the influence of longer life expectancy…

Sorry for being a bit brief this week, to much to do… ;-)

I again did enjoy it immensly, again a beautiful start of the week!

Matthias

P.S.: Last week, he also did discuss the hysteresis, a phenomenon to be seen in economies. The number of “re-employments” after a downturn never does reach the number of “un-employment”… ;-( So un-employment grows and grows…