A major discussion is which solution could be the right one for today’s crisis. Should the governmet increase its spending or should it just lower the taxes?

Dan Mitchell of the Cato Institute does an excellent job explaining why Keynesian fiscal strategies do not work in this video.

[youtube=http://de.youtube.com/watch?v=VoxDyC7y7PM]

After watching the video I would agree to his arguments. But… the video does not address the central question of whether “Keynesianism” can be used during crisis periods, such as we have now in 2009. According to the video, government spending is always a negative influence.

Another solution would be the Monetarism which has more or less one proposal only – lowering taxes. Why would/could that work? It would put money in the hands of people (usually, that’s good!). But during a crisis, they could be afraid to spend, and nothing happens.

That’s why direct spending by the government could be a potential solution. Spending on roads, schools, research, which involves employing people, keeping factories open, and building what will be useful to free enterprise in the future.

Time will tell…

Yesterday I had the chance to check the G1 from a pure user perspective.

If you want to read something about the features and the specs you will find a lot – just search for “G1 vs. iPhone”. I am not going to talk about features and specs. tbh – I don’t care that much that the G1 weights 158g and the iPhone weights 133g. Important for me is the first impression and the first user experience. Do I immediately feel comfortable to use is? Am I curious to explore more functions of the device?

Long story short: the G1 didn’t strike me that much. For sure – it is a nice device if I compare it with all the other smart phones and palms. But it is by far not as intuitive and user friendly compared with the iPhone.

To all the iPhone users:

• Do you still remember the impression and experience when you used the iPhone the first time?
• Are you still amazed about the ease of use?
• Are you still enthused when you use the iPhone?

For the G1 this will be a tough job to outplay.

maybe it’s interesting (German language only)…

Wirtschaftswoche – “Jeden Euro zweimal umdrehen”

Wirtschaftswoche – “Kleiner Plan für großes Geld”

Förderland – VC-Kolumne

When will this recession end? No question – it will end

Forbes announced its Chirp Index which includes a lot of early indicators. Right now it’s singing a possible economic rebound in August 2009.

Wether Forbes is right or not. We’ll know in 12 months. But I like the fact that someone tells us that there is hope. Enjoy the video….