Which Way Forward for Economic Security: Basic Income or Public Services?

Is social enterprise the way forward for public services?

Social enterprises are organisations set up to deliver public benefit rather than private profit, and are often owned by their staff. Their social and environmental focus makes them ideal for providing flexible and responsive health and social care. This article explains how social enterprises differ from other types of businesses and from public bodies. It explains the policy context and benef...

Which Way Forward for Macroeconomics and Policy Analysis?

There was a palpable sense of excitement among the economists who met in Philadelphia in 1969 at the conference organized by Edmund Phelps. Their research over the preceding years had coalesced into a new approach to macroeconomic analysis, one that based macrorelationships on explicit microfoundations. These foundations’ distinctive feature was to accord market participants’ expectations an au...

Stillbirths: the way forward in high-income countries.

Stillbirth rates in high-income countries declined dramatically from about 1940, but this decline has slowed or stalled over recent times. The present variation in stillbirth rates across and within high-income countries indicates that further reduction in stillbirth is possible. Large disparities (linked to disadvantage such as poverty) in stillbirth rates need to be addressed by providing mor...

Institutional Reform and the Judiciary Which Way Forward ?

This paper presents some general lessons in institution building that has relevance for reform of the judiciary. The paper emphasizes the value of simplicity in design commensurate with country capacity, the importance of innovation/experimentation, and of economic openness in effective institution building. It underscores how the incentives of individuals depend on both the details of institut...

Jobs and Equality in Germany: Which Way Forward?