English

There are things in this world which are known more or less universally. This is basically a good thing since it provides common grounds. Especially if the object of common knowledge is a young woman with a friendly smile. Own photo taken from the back of Mona's exhibition room with a 300mm f2.8 - over the heads of dozens of spectators, queuing with their phones at the ready. The bluish clouds in the lower parts are reflections of this crowd in the bulletproof glass in front of the painting. Let me be clear at the outset: I am in no...

Warning: This blog does not refer to any well established economic theory. If you look for some Keynesian economics, comments on Marx or Supply and Demand - please leave. No behavioral market models. (Although some game theory could be fun...) Nothing of interest here. Go away. Try this one. Actually I am a quite simple minded person. Usually I watch the world turning and rarely I try to understand why certain things are just the way they are. Still, the question "Why do we have companies?" hangs around for a long time. For entities governed by the law of nature...