This paper compares and contrasts capacity utilisation in the manufacturing sectors of the US, UK and other EU countries over three decades. It argues that corporate governance and the pressures of globalisation have led to a tighter capacity stance in the UK but not generally in the US or...

This paper draws attention to the innovative but neglected work of Hans Singer on the dynamics of unemployment. Influenced by Keynes, in the late 1930s Singer enquired into the relationship between the inflow into unemployment--resulting primarily from (involuntary) separations from...

The author contends that Weintraub's consumption coefficient, the ratio of total consumer expenditure to income from employment, cannot help to elucidate trends in the sectoral and functional distributions of income. Nor can it enhance the Kalecki's macroeconomic model. It cannot do either of...