This paper discusses the curent state of economics and ruminates about its future course. Conjectures are offered about developments in economics research and also about the evolution of the profession. The discipline will become increasingly diverse both in its subject matter and in its...

A key component of recent explanations for the growth in unemployme nt in Western Europe is a negative relation between wage rates and employment. This paper examines the evidence for such a relationship for Swedish manufacturing industry and also investigates the corresponding movements of...