Cover -- Contents -- 1. Introduction -- 1. The 'stylized fact' of cyclical wages -- 1.1. The belief in counter-cyclical real wages -- 2. Theory, facts and falsification -- 2.1. Falsification and the methodological responses -- 2.2. Falsification and the individual responses -- 3. Inference -- 4....

The Economics of Restructuring and Intervention carries forward the work of Marx, Kalecki, Keynes and Kaldor in analysing questions of growth, distribution and government intervention. It will be essential reading for all those wishing to understand the massive economic and political shifts as...