Extension of the wealth tax to agriculture, it will be recalled, was opposed on the ground that it would hurt even the small and medium-sized farmers. This argument was advanced in spite of agricultural holdings below the value of Rs.1 lakh being exempted from the tax. The opposition to the tax...

In February 2008, the President of the French Republic, Nicholas Sarkozy, unsatisfied with the present state of statistical information about the economy and the society, asked, Joseph Stiglitz (President of the Commission), Amartya Sen (Advisor) and Jean Paul Fitoussi (Coordinator) to create a...

Sen plantea una discusión entre teorías del derecho que convergen en su aplicación a la acción social, “para evitar la opresión económica”. Con ello, el Nobel de economía ofrece una propuesta interdisciplinaria que demuestra los alcances de una concesión en aras de lograr mejorar la...

Recent years have seen greater attention being given to the role of markets as an instrument of economic development. Responding to new thinking and changed economic circumstances, governments' perceptions of their own role in the management of their economies have shifted. This volume distils...

There is now a considerable literature in capital theory dealing with "learning by doing" and with the question of the "embodiment" of technical knowledge of a given period in the capital goods produced in that period. There have, however, been relatively few attempts to examine these questions...