I Schumpeter in our Time -- Schumpeter and the Economic Problems of Today -- II Entrepreneurship -- Schumpeter’s Entrepreneur in Modem Economic Theory -- Is Entrepreneurship Obsolescent? -- Must Monopoly Power Accompany Innovation? -- III Cycles and Crises -- What to do About Business Cycles?...

This book contains 15 selected and revised papers presented at a conference in Neresheim, West Germany, in June 1986. Prof. H.W. Sinn writes in his introduction to the book: "The common topic is measurement of welfare, both from efficiency and from equity perspectives. For many economists,...

Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused by the Corona Pandemic, in particular lockdowns, part is caused by the Ukrainian War, part is caused by European sanctions, and part - and not the smallest one - is caused by...

The transfer principle requires inequality measures to decrease for mean preserving contractions. How much leakage of transfers can preserve inequality? Conditions are shown for leaky transfers to preserve inequality. We find that positive remainders with positive or negative leakage as well as...