We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...

We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...

Renewable energy can become a fraction of the cost of burning carbon to generate electricity in communities that use money that has a usage charge described as "demurrage". As with Islamic banking, demurrage money eliminates discounting future values from the ability of earning interest today....

Private law does not operate in isolation. Throughout history, private lawyers have been aware of the limits of their field. In property law, this traditionally means referring to public law – especially public law limitations to property rights. The juxtaposition so created is that private...

The report Achieving Sustainable Natural Resource Management in the Sahel after the Era of Desertificationʺ was written by Simon Bolwig, Signe Marie Cold-Ravnkilde, Kjeld Rasmussen, Tine Breinholt, and Michael Mortimore as part of a study commissioned by the Ministry of Foreign Affairs of...

Earlier this year I visited Dharavi in Mumbai, Asia's largest urban slum1. Pervasive economic and social disadvantage are endemic to any slum, a fact which leads inexorably to wider societal instability, representing a serious political challenge to those states in which they emerge. The...

The landscape of China's rural land market has been changed by several significant land right reforms since 1970s. It is always of great interest to both the government and the public to gauge the effectiveness of these reforms. We address this question by investigating the impact of a recent...