Economic Disinformation — Causes and Recommendations for Action

Abstract This articles exploits the results of several Perils-of-Perception studies to investigate how informed the German population is about key economic facts. There are significant misperceptions and Germany ranks in the middle of the group of advanced economies. Our overview briefly sketches di...

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Main Authors: Sebastian Blesse, Friedrich Heinemann, Tommy Krieger
Format: Article
Language:deu
Published: Sciendo 2021-12-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-021-3066-3
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author Sebastian Blesse
Friedrich Heinemann
Tommy Krieger
author_facet Sebastian Blesse
Friedrich Heinemann
Tommy Krieger
author_sort Sebastian Blesse
collection DOAJ
description Abstract This articles exploits the results of several Perils-of-Perception studies to investigate how informed the German population is about key economic facts. There are significant misperceptions and Germany ranks in the middle of the group of advanced economies. Our overview briefly sketches different possible explanations for the relatively low factual knowledge of the German society. We propose seven measures that may help to improve the level of economic literacy in Germany, both among young people as well as in the broader segments of the population. Our measures address different stakeholders, such as policymakers, the media and the academic community.
format Article
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institution Kabale University
issn 0043-6275
1613-978X
language deu
publishDate 2021-12-01
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record_format Article
series Wirtschaftsdienst
spelling doaj-art-f49f289e8a3940c9a2e60715d6c394c42025-02-02T01:25:21ZdeuSciendoWirtschaftsdienst0043-62751613-978X2021-12-011011294394810.1007/s10273-021-3066-3Economic Disinformation — Causes and Recommendations for ActionSebastian Blesse0Friedrich Heinemann1Tommy Krieger2Unternehmensbesteuerung und Öffentliche Finanzwirtschaft, ZEW — Leibniz-Zentrum für Europäische WirtschaftsforschungUnternehmensbesteuerung und Öffentliche Finanzwirtschaft, ZEW — Leibniz-Zentrum für Europäische WirtschaftsforschungUnternehmensbesteuerung und Öffentliche Finanzwirtschaft, ZEW — Leibniz-Zentrum für Europäische WirtschaftsforschungAbstract This articles exploits the results of several Perils-of-Perception studies to investigate how informed the German population is about key economic facts. There are significant misperceptions and Germany ranks in the middle of the group of advanced economies. Our overview briefly sketches different possible explanations for the relatively low factual knowledge of the German society. We propose seven measures that may help to improve the level of economic literacy in Germany, both among young people as well as in the broader segments of the population. Our measures address different stakeholders, such as policymakers, the media and the academic community.https://doi.org/10.1007/s10273-021-3066-3
spellingShingle Sebastian Blesse
Friedrich Heinemann
Tommy Krieger
Economic Disinformation — Causes and Recommendations for Action
Wirtschaftsdienst
title Economic Disinformation — Causes and Recommendations for Action
title_full Economic Disinformation — Causes and Recommendations for Action
title_fullStr Economic Disinformation — Causes and Recommendations for Action
title_full_unstemmed Economic Disinformation — Causes and Recommendations for Action
title_short Economic Disinformation — Causes and Recommendations for Action
title_sort economic disinformation causes and recommendations for action
url https://doi.org/10.1007/s10273-021-3066-3
work_keys_str_mv AT sebastianblesse economicdisinformationcausesandrecommendationsforaction
AT friedrichheinemann economicdisinformationcausesandrecommendationsforaction
AT tommykrieger economicdisinformationcausesandrecommendationsforaction