Extending the neo-Schumpeterian trade model, we estimate a 'social-gap' model for a group of 17 OECD countries over the period 1975-1995. We find that government spending on social protection, employment protection regulations, union density, strike activity, and income security in the labor...

<DIV>Economics is too important to be left to the economists, argues Jim Stanford, and this concise and readable book provides nonspecialists with all the information they need to understand how capitalism works (and how it doesn’t).<BR>             Now in its second edition, <I>Economics for...</i></div>