The anaemic growth of the European Union/euro area derives from its economic paradigms. The principle 'one size fits all' behind European Central Bank policy activates centrifugal forces. Diverging trends in unit labour costs, external competitiveness and external balances follow. German policy...

Analyses of household budget surveys, national accounts data on functional income distribution, and data on the dispersion of wages, indicate that income inequality in Poland, after falling over the 1993-96 period, rose significantly from 1997 onwards. Farmers and the unemployed were the main...

This Note questions the statistical validity of the analyses of the relationship between the rate of profit and the organic composition across industries. Copyright 2005, Oxford University Press.