This volume analyses Keynesian foundations of post-Keynesian economics, focusing on how uncertainty and liquidity revoke Say's law. It explains the key features of Michal Kalecki's analysis of a capitalist economy and examines his macroeconomics in the short-run. It also provides a brief...

European welfare systems : current state of research and some theoretical considerations -- Welfare state development in Austria : strong traditions meet new challenges -- Belgium : the quest for sustainability, legitimacy, and a way out of "welfare without work" -- Impact of the reforms of the...