This paper addresses the question of the institutional flexibility of three major European welfare states. Using Data from the second and fifth wave of the Luxembourg Income Study (LIS), we measure first how effectively the German, British and Italian welfare state have responded changes in...

Crisis, austerity, and the neoliberal turn -- The architects of austerity -- The question of growth in a global economy -- Opening and closing the door on the Italian left -- The erratic march of Labour -- Global finance and the U.S. growth agenda -- Guns, butter, and gold -- Globalization,...