Ronald Coase (1910-2013), who sadly died at the remarkable age of 102, made significant contributions to economics based on common sense and the detailed study of his topics. Coase was awarded the Nobel Prize in Economic Sciences in 1991 “for his discovery and clarification of the significance...

This is the first paper that studies the causal effect of studying economics on subjective well being. Based on a survey among 918 students of economics and other social sciences, we estimate the effects of studying in the different fields on individual life satisfaction. Controling for personal...

The consumption literature uses adult equivalence scales to measure individual level inequality. This practice imposes the assumption that there is no within household inequality. In this paper, we show that ignoring consumption inequality within households produces misleading estimates of...

Professor W. B. Reddaway (known to friends and colleagues as Brian Reddaway) was an exceptional economist who had a huge influence on how economics in Cambridge has been taught and researched. He held leadership positions in the Faculty of Economics and Politics at Cambridge for 25 years,...

The aim of this paper is to systematically enquire into the relationship Robbins sets in his writings - prior to the Essay and further brought out in several subsequent works - between 'economic science' and 'political economy' in order to understand the role of each in the work of the...

The award-winning opera singer asks, why can't the world mimic the stage? Her profession, begun 450 years ago by societies that valued culture and its influence on humanity, depicts women as strong, capable leaders who are applauded for being loud and audacious—and pays women equally or higher...