We are interested in three related questions: (1) How should accounting prices be estimated? (2) How should we evaluate policy change in an imperfect economy? (3) How can we check whether intergenerational well-being will be sustained along a projected economic programme? We do not presume that...

This paper investigates institutions for the creation and transmission of knowledge as efficient resource allocation mechanisms. By looking at Science and Technology it develops a two way classification. Science, is a non market allocation mechanism, where knowledge is treated as a pure public...

There are two broad criteria by which one can judge humanity's success in feeding itself: (i) the proportion of people whose access to basic nutritional requirements is secure; and (ii) the extent to which global food production is sustainable. Even though the two are related, they have usually...

The paper - which will introduce the book Intellectual Property Rights: Legal and Economic Challenges for Development, edited by M. Cimoli, G. Dosi, K. Maskus, R. Okediji, J. Reichman and J. Stiglitz, Oxford University Press, forthcoming - discusses the role of Intellectual Property Rights (IPR)...

Tony Atkinson is universally celebrated for his outstanding contributions to the measurement and analysis of inequality, but he never saw the study of inequality as a separate branch of economics. He was an economist in the classical sense, rejecting any sub-field labelling of his interests and...