This paper deals with the situation on the European labour market and especially on the Czech labour market. It shows the impact of long-term unemployment - a crucial problem in contemporary European countries - on the economy and on the society and its integrity. Great attention is paid to the...

The article contests an argument that the creation of a capital market in educational "human capital" and subsequent voluntary transactions on this market are sufficient to create equal opportunities in education, consequently reducing the income premium enjoyed by households with higher initial...