Capitalist dynamics is energized in part by imaginaries of future states of the world (Beckert 2016). The paper deals with two questions: Why do fictional expectations change in the course of capitalist development? And: Are fictional expectations becoming more important in contemporary capitalism?

Die Mehrheit des wissenschaftlichen Personals an den Hochschulen und außeruniversitären Forschungseinrichtungen in Deutschland ist heute befristet beschäftigt. Der Beitrag rekonstruiert die Ursachen und Dynamiken dieser Entwicklung, die in den 1970er-Jahren begann, am Gegenstand der...

In this paper, we analyse Friedrich List's contribution to the modern theory of economic development. We argue that Friedrich List saw economic development as a combination of a sectorial division of labour (following Adam Smith, 1776) and a geographical division of labour across regions and...

Monetary policy in the euro area is conducted within a multi-country, multicultural, and multi-lingual context involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand and to anticipate monetary policy by the ECB? Using a...

This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the engineer. It collects cross-country and state level data on the labor share of engineers for the Americas, and county level data on engineering and patenting for the US during...

Except for the Philippines between 1896 and 1939, Southeast Asia was never part of the century-long East Asian industrial catching up until after World War II. Before the 1950s, Southeast Asian manufacturing hardly grew at all: while commodity export processing did grow fast, import-competing...