This is a review article by Andrew Sharpe from the Centre for the Study of Living Standards of Angus Maddison's path-breaking new book, The World Economy: A Millennial Perspective. The article summarizes Maddison's key findings in a number of areas, with particular emphasis on his estimates of...

Many myths surround the Generation X members. Among them, the term "McJobs" is often used to describe the difficulties they have experienced on the labour market. It is justified to claim that they had a more complicated career path in comparison with other generations. However, what is really...