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Contents: Introduction Uwe Cantner, Alred Greiner, Thomad Kuhn andAndreas Pyka PART I: INDUSTRY AND INNOVATION 1. Competition in InnovationUwe Cantner 2. Energy, Development and the Environment: An Appraisal ThreeDecades After the 'Limits to Growth' Debate Giovanni Dosi and Marco Grazzi3. Marshall and Schumpeter: Evolution and the Institutions of CapitalismStanley Metcalfe 4. Paretian Welfare Theory and European Competition PolicyArnold Heertje PART II: FINANCE IN MODERN ECONOMICS 5. The Co-Evolution ofTechnologies and Financial Institutions Pier Paolo Saviotti and Andreas Pyka6. The Role of Information and Risk Sharing for R&D Investment,Technological Change and Economic Welfare Burkhard Drees and Bernhard Eckwert7. Bubbles, Crashes and the Psycho-Economic Forces Behind Them FriedrichKugler 8. Corporate Currency Hedging and Currency Crises Andreas Rothig,Willi Semmler and Peter Flaschel PART III: THE PUBLIC SECTOR AND THE FUTUREOF THE WELFATE STATE 9. Public Debt and Public Spending in Germany: The LastForty Years Alfred Greiner and Norbert Schutt 10. Biofuels, Innovations andEndogenous Growth Thomas Kuhn and Michael Pickhardt 11. French IndustrialPolicy Alain and Christiane Alcouffe References Index