Labor and Capital in Times of the Knowledge Society

Wages in many economies are growing only moderately. In contrast, the profits of some large companies have risen sharply. Is there a struggle between labor and capital? A closer look suggests that such an interpretation would be too simplistic. In recent decades, wage growth have been subdued in many developed economies. While in many countriesContinue reading “Labor and Capital in Times of the Knowledge Society”

Higher productivity growth for better and more sustainable economic development after the Covid-19 crisis

The outbreak of the coronavirus epidemic has led to a slump in economic output in many countries around the world. We do not yet know how long this pandemic and its health, social and economic consequences will last. In order to at least overcome the economic crisis, productivity gains – especially in service sectors –Continue reading “Higher productivity growth for better and more sustainable economic development after the Covid-19 crisis”

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