In this book, Peter Diamond analyzes social security as a particular example of optimal taxation theory. Assuming a world of incomplete markets and asymmetric information, he uses …
A leading economist discusses the potential of happiness research (the quantification of well-being) to answer important questions that standard economics methods are unable to …
Despite significant gains in promoting economic growth and living conditions (or "human progress") globally over the last twenty-five years, much of the developing world remains …