Ansgar Belke, 1965, is Full Professor of Macroeconomics at the University of Duisburg-Essen (Campus Essen) since April 2007. Until March 2007, he was Full Professor of International Economics at the University of Hohenheim, Germany since August 2001, and Full Professor at the University of Vienna from 2000 to 2001. He is a member of the "Monetary Experts Panel" of the European Parliament, serves as editor-in-chief of "Kredit & Kapital" and as co-editor of a couple of other journals. He published widely in international refereed journals. Thorsten Polleit, 1967, is Honorary Professor for economics at Frankfurt School of Finance & Management, Germany. He is a member of the Friedrich August von Hayek Society and an Adjunct Scholar of the Ludwig von Mises Institute, Auburn, US Alabama. His research interests are monetary economics, capital market theory, and the Austrian School of Economics.