Jawboning

Under Maßhalteappell or moral suasion ( to German as " coax " ), the test is meant to influence through targeted government rhetoric, the behavior of economic agents. Here, the state is trying through direct appeals to the conscience of the individual or the interests of certain groups of economic variables, such as, for example, to influence the consumer demand or unemployment.

The appeal level to keep Ludwig Erhard of 21 March 1962 it was announced literally "We can not earn twice as much as we create of values ​​".

Documents

  • Economic policy
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