In the postwar period until today the call for more intensive economic growth, again and again, enjoyed a substantial popularity in the world of politics, in particular with reference to possible current solutions of given economic problems. Here growth considerations and decisions in the past...

What do economists mean when they talk about "capital accumulation"? Surprisingly, the answer to this question is anything but clear, and it seems the most unclear in times of turmoil. Consider the recent "financial crisis". The very term already attests to the presumed nature and causes of the...