The Bolsa Família Programme, the biggest cash transfer programme of its kind, is now 10 years old. It is only natural that we should start to think about its future. When speculating about the programme?s near future, two distinct visions come to mind. In the first, by transferring cash to...

O programa Bolsa Família, o maior programa de transferência de renda em seu gênero, acaba de completar 10 anos de existência. É tempo de pensar sobre o seu futuro. Ao especularmos sobre o futuro próximo, duas visões distintas se apresentam à mente. Sob uma perspectiva, ao transferir...

The Handbook of Economics and Ethics portrays an understanding of economic methodology in which facts and values, though distinct, are closely interconnected in a variety of ways. From theory building to data collection, and from modelling to policy evaluation, this encyclopaedic Handbook is at...

There is important evidence of a recent upsurge of so-called residual inequality, i.e. wage inequality that cannot be explained by workers? observable attributes, such as schooling. The main purpose of this article is to review the intuitions and results of some of the main theoretical models...

This article applies the concept of poverty as insufficiency of basic capabilities in measuring living conditions of residents of a favela (shantytown) in Rio de Janeiro, the Vidigal favela. For this purpose, we develop a methodology to operationalize the capability approach. Our choice of this...

The debate on the alleged moral and political benefits of infant capitalism - as worked out in the now classical pieces by Louis Dumont, Pierre Rosanvallon and Albert Hirschman - concludes with the identification of a justification for the new order based on its expected positive effects on...

The main purpose of this paper is to identify the elements for a new kind of methodological individualism - 'interactive individualism' - in Friedrich Hayek's work. This departs from conventional rational choice oriented ideas of methodological individualism in two mains respects. The first has...