Tag Archives: Welfare Economics

More an article than a post. Longish and detailed.AwaraUS Healthcare System in Crisis: Spends Doubly More Than Peer Countries, but Falling Behind in Life Expectancy—People Increasingly Hard-Pressed to Pay Medical Bills Jon Hellevig

A conservative case for welfare economics based on incentives and initiative. Worth a read. It's applicable to a job guarantee.Naked CapitalismIncentivizing an Ethical Economics Simon Szreter, professor of history and public policy at Cambridge University, fellow of St John’s College and co-founder and editor of www.historyandpolicy.org; Hilary Cooper, an economic consultant, researcher, former government economist and senior policymaker; and Ben Szreter, chief executive of a...

The concept of human development views wellbeing as being affected by a wide range of factors including health and education. This column examines worldwide long-term wellbeing from 1870-2015 with an augmented historical human development index (AHHDI) that combines new measures of achievements in health, education, material living standards, and political freedom. It shows that world human development has steadily improved over time, although advances have been unevenly distributed across...

As ever, it has been much harder to select one book from my longlist than it was to narrow it down to those ten. After mulling it over for a few days, I can announce today that the winner is Jean Tirole’s Economics for the Common Good. My review of it is here. It has been widely reviewed elsewhere – here is The Economist and the FT and Breaking Views. The Enlightened EconomistWinner of the 2017 Enlightened Economist PrizeDiane Coyle | freelance economist and a former advisor to the UK...

Nicola Acocella published a paper in the Journal of Economic Surveys (a free, preliminary version is available here) a paper on the development of the theory of economic policy. Acocella is clearly fully aware of the differences between classical political economics and marginalism (neoclassical economics). And he dismisses the pre-margnialist views on economic policy as being unsystematic and devoid of general principles. In his words: Most classical writers and the marginalists had...