Money, distribution and economic policy takes issue with the inappropriate treatment of money, effective demand and distribution issues in modern mainstream macroeconomics. It presents contributions which are critical of modern orthodoxy and which explore alternative approaches to macroeconomics...

In der unter dem Stichwort "Schlusslicht Deutschland" geführten Standortdebatte dominiert fast ausnahmslos die Ansicht, verkrustete Arbeitsmärkte und leistungsfeindliche soziale Sicherungssysteme seien für die schlechte deutsche Beschäftigungs- und Wachstumsentwicklung verantwortlich. In...

This volume challenges the view that unemployment is exclusively determined by structural characteristics of the labour market and the social benefit system. Macroeconomic policies and investment in capital stock are included in the analysis and are shown to have a major role to play.