Schwabing has traditionally been the bohemian quarter of the Bavarian capital, and it's not out of the question that some of the modernist masterpieces hoarded in Gurlitt's flat were painted only a couple of streets away: Franz Marc, Paul Klee and Ernst Ludwig Kirchner drank in the local bars, and some of their most famous works are still on display in Munich's modern art gallery down the road.
One limited the amount of natural resource (you can run out of wolves); another made the money supply finite; a third introduced a banking system, so that by saving your hoarded gold you could increase the supply of credit to other players.
A recluse who hoarded a priceless art collection at his homes in Germany and Austria – including works possibly looted from Jewish owners by the Nazis – has for the first time agreed to hand back a piece of art, his representatives said on Wednesday.
It is common to hear such claims in India.An overlapping complaint is that groups promote Western values including the idea that power should be monitored and shared among many actors and institutions, not hoarded by governments.
After his father died in 1936, it emerged that he had not given Dirac the essential £5, although he could have done so, having hoarded more than £7,500, some 15 times his annual salary.
Even where they have been making record profits, companies have hoarded their cash rather than pay more out in the form of higher wages, which have stagnated even as employment has increased.
Ticket clerks routinely hoarded long-distance tickets to create an artificial scarcity and then sold them at a profit.
Daniel Brebner of Deutsche Bank sees a version of Gresham's law at work here, in which the good money (gold) is hoarded in central-bank reserves and in exchange-traded funds, and the bad money (the dollar) is used for transactions.
As a result, efforts are duplicated and valuable information ends up being hoarded, not shared.I spy A-SpaceIn the corporate world such hoarding leads to lost profits.
What is more, Argentines spent scrip of any sort as soon as they could, and hoarded pesos.Centuries of experience suggest that such a response is typical.
The difficulty of acquiring land, which is often either treasured by farmers or hoarded by the state, has become a constraint on India's growth.
