Problems arise if budgets for services are held constant whilst prices rise. Education, cultural activities and health services are under constant budgetary pressure. The authors argue that the price of commodities is linked to demand and price increases would therefore seem to threaten the very...

Acht weltweit prominente Ökonomen, darunter Nobelpreisträger Robert M. Solow, haben die deutsche Wirtschaftspolitik kritisch unter die Lupe genommen. Ihr Urteil schockiert: Falsche Ziele, krisenverstärkende Politiken und eine einseitige Fixierung auf die Angebotsseite haben Deutschland...

Institutional Frameworks and Labor Market Performance produces an in-depth analysis of the functioning of various labor market institutions in both the USA and Germany. Particular emphasis is given to the substantial differences between the US and Germany in the ways important areas are...