A groundbreaking new historical analysis of how global capitalism and advanced democracies mutually support each otherIt is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. This book, written by two of the world’s leading political economists, argues this view is wrong: advanced democracies are resilient, and their ...

A core principle of the welfare state is that everyone pays taxes or contributions in exchange for universal insurance against social risks such as sickness, old age, unemployment, and plain bad luck. This solidarity principle assumes that everyone is a member of a single national insurance pool, and it is commonly explained by poor and asymmetric information, which undermines markets and creates the perception that we are all in the same boat. Living in the midst of an information revolut...

En forfatter falder ned fra en scene i Paris. I dette frygtelige øjeblik, mens han strækker armene i vejret og vinker farvel for altid, ser han sig selv stå udenfor Bruns Musikk & Noter på Bygdøy allé, Oslo, og beundre en rød Fender Stratocaster. Han er 13 år gammel og sikker på én ting: Den guitar må han eje. Han har 43 kroner på kontoen og guitaren koster 2250. en ny verden åbner sig da han får et job som blomsterbud hos Finsens Flora. "Saabyes cirkus" er en sand historie bygget på en lø...