Using longitudinal data on labour law in France, Germany, Japan, Sweden, the United Kingdom and the United States over the period 1970–2010, the authors estimate the impact of labour regulation on unemployment and the labour share of national income. Their dynamic panel data analysis...

There is evidence-linking inequality to negative health outcomes and to a loss of trust in public institutions. Relevant causation runs both ways because institutional weakness makes it more difficult to redress persistent inequalities. In the period of dominance of neoliberal policies, the...