A substantial literature claims that the strong increase in inequality over the last decade in countries such as the US would lead to a collapse of society. Fading hopes in the population seem to confirm this. The paper rejects this interpretation since the decline in hopes cannot be traced back...

Measures of individual happiness, or well-being, can guide labor market policies. Individual unemployment, as well as the rate of unemployment in society, have a negative effect on happiness. In contrast, employment protection and unemployment benefits can contribute to happiness - though when...

We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is reduced and the economies are more sustainable. We call this scenario "vibrant". It is contrasted with what would happen if present policies continue within the European Union...

Das deutsche Bildungssystem steht ungeachtet diverser Reformanstrengungen in der jüngeren Vergangenheit weiter vor großen Herausforderungen: Im internationalen Vergleich fehlt es an sozialer Chancengleichheit im Verlauf der Bildungskarrieren, und für eine "Bildungsnation" nehmen sich die...