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This book examines the many economic and budgetary aspects of aging, and of an aging population, exploring the welfare state and incentives to retire, the macroeconomic and fiscal implications of aging and the long-run effects of government spending on the elderly. There is also an examination of the changing patterns of retirement behaviour, economic well-being and gender disparities among the elderly, the interaction between private and public provisioning, and aspects of retirement security.

This book focuses on the distributional consequences of the public sector and examines and documents, theoretically and empirically, the effects of government spending and taxation on personal distribution, and includes chapters investigating the relationship between the public sector and functional distribution of national income.

This Companion provides a timely and engaging treatment of Hyman Minsky's approach to economics, which is enjoying a renewed appreciation because of its prescient analysis of the slow but sure transformation of the capitalist economy in the post-war period. Many have called the global financial crisis that began in the United States in 2007 a 'Minsky crisis', and these original contributions demonstrate precisely why both academic economists as well as policymakers have turned to Minsky for guidance. The book brings together the foremost Minsky scholars to provide a comprehensive overview of...