Rising income inequality is an anglo Saxon problem. For most of the other OECD countries, earnings dispersion is rather persistent. Vertical mobility is to be taken into account. The paper also looks at the relationship of income inequality, growth and employment. It elaborates the point that...

An Englishman once watched his first American football game. He looked intently as the team gathered into a huddle after each play. His American host asked him what he thought of the proceedings. “Not a bad sport,” remarked the visitor, “but they do seem to engage in an excessive number of...

An Englishman once watched his first American football game. He looked intently as the team gathered into a huddle after each play. His American host asked him what he thought of the proceedings. "Not a bad sport", remarked the visitor, "but they do seem to engage in an excessive number of...

Der Beitrag geht der Frage nach, welche Veränderungen in Deutschland erforderlich sind, um die derzeit gravierenden Zielverfehlungen zu vermeiden. Er beschäftigt sich auch mit der Frage, ob die Reformen durch einen Big Bang oder eine Vielzahl kleiner Schritte möglich sind.