Die in den letzten Jahren stark gestiegene Inflation beschäftigt nicht nur die Währungshüter, sondern beunruhigt auch Verbraucher:innen und Politik. Der Europäischen Zentralbank wird vorgeworfen, mit ihren Inflationsprognosen in den Jahren 2021 und 2022 die tatsächliche Entwicklung deutlich...

Die in den letzten Jahren stark gestiegene Inflation beschäftigt nicht nur die Währungshüter, sondern beunruhigt auch Verbraucher:innen und Politik. Der Europäischen Zentralbank wird vorgeworfen, mit ihren Inflationsprognosen in den Jahren 2021 und 2022 die tatsächliche Entwicklung deutlich...

Auch wenn die Auswirkungen des demografischen Wandels auf die Sozialversicherungen bisher nur leicht spürbar sind, zeichnet sich das Ende der Schonfrist ab. Der Fachkräftemangel auf dem Arbeitsmarkt verschärft sich spürbar und die politische Diskussion über Maßnahmen zur Anwerbung von...

Hamilton (2018) argues that one should never use the Hodrick-Prescott (HP) filter to detrend economic time series and proposes an alternative approach. This comment reconsiders Hamilton's case against the HP filter, emphasizing two simple points. First, in the empirical example Hamilton...

We are pleased to note that the discussion paper we wrote ("How to change a constitution by handwaving") has attracted some interest from the public and observers of economic policy. Among the more thoughtful responses the paper has received is that from the Foundation for Economic Freedom...

Central banking studies continues to consolidate around common foundations, but points of tension and disagreement persist. In this reply, I discuss three such points raised by contributors to this forum. These relate to the concept of infrastructural power, the significance of financial...

The quest to ensure that the tax planning activities (e.g., shifting profits through transfer mispricing) of multinational enterprises operating in Nigeria do not erode the country’s domestic base has led to the enactment and enforcement of the Transfer Pricing (TP) Regulation, 2018 in...

For years, regulators and competition watchdogs have expressed concern about competition in the digital advertising business. They note that digital advertising appears to be dominated by a few dominant firms, such as Google, Facebook, and—to a lesser extent—Amazon. Some claim that this...

I argue that meta-ignorance and meta-insensitivity are the key sources influencing the reoccurrence of the (un)conscious misrepresentation of marginalized groups in management and organization research; such misrepresentation, in effect, perpetuates epistemic neocolonialism. Meta-ignorance...

Using data on the NBER working paper series, we show that the dissemination of economics research suffers from a congestion problem: An increase in the number of weekly released working papers on average reduces downloads, abstract views, and media attention for each paper. Subsequent publishing...

This note considers David Rodgers' argument against the relevance of the term "neoliberalism" on the grounds that it combines disparate phenomena perhaps more usefully treated separately—in particular, "market fundamentalism"; a model of financialized-globalized capitalism; "disaster...

This paper deals with the proposed use of sovereign credit ratings in the "Basel Accord on Capital Adequacy" (Basel II) and considers its potential effect on emerging markets financing. It investigates in a first attempt the consequences of the planned revisions on the two central aspects of...

Does U.S. military aid make the United States safer? Or does it have unintended consequences for U.S. security? To answer these questions, we estimate the effect of U.S. military aid on anti-American terrorism for a sample of 174 countries between 1968 and 2018. We find that higher levels of aid...

The interface of political economy with arts and literature has become dominated by a particular image: capital's Grinch-like theft of the future. But this image overlooks the peculiar temporal structure of neoliberalism, which renews its broken promises by making up ever more excuses for the...

This is a critical review of what the Marxist scientific literature presents on the forms of countertendency to falling profit rates carried out during the COVID-19 pandemic. The 33 articles included in this review were studied using a Marxist approach. The following elements of the articles...

Several recent works have sharply criticized public pension funds and labor union funds (“labor’s capital”). These critiques come from both the left and right. Leftists criticize labor’s capital for undermining worker interests by funding financialization and the growth of Wall Street....

Will your city be the next European Green Capital? The European Commission has launched the new competition round to nominate the European Green Capital for 2026. The title of European Green Capital is awarded annually to a European city with a population of over 100 000 inhabitants for its...

Atlantic slavery represents one of the blackest pages of human history. European powers not only colonised American lands but also brought African men and women to work as slaves on plantations. Intellectuals did not remain indifferent to this practice and - from the second half of the 18th...

INTRODUCTION1. THE 'RATIONALITY' OF THE MARKET2. MARKET AND DEMOCRACY3. THE MARKET AND ITS MYTHS4. THEORETICAL AND REAL MARKETS5. POST-WALRASIAN ECONOMICS6. MARKET VALUES7. WHAT IS TO BE DONE?8. CONCLUSIONS GLOSSARYIndex