Among the challenges to the working of free markets is our inability to deal rationally with the future. Instead of calculating the future risks and rewards, and what they mean to us today, we fall back on social conventions, norms, and institutions. But when it comes to potential climate...

Western governments usually are sent about 30% of GDP for social purposes. Financing is carried out due to tax payments through the system of taxes from current revenue (hereinafter - PAYGO, pay-as-you-go). How effective such transfers, and whether the market or other mechanisms to improve this...

Body weight has risen in defiance of health and appearance norms. The social epidemics of overeating and slimming were driven by market forces and the psychology of eating: restrained eating is easily disinhibited by stress. For men, the rise in body weight was associated with the decline of...

Victorian-style public/private standoffs in the United Kingdom have emerged again, with prudential crises in pensions, education, health, communications, and transport. Professor Offer's text constitutes a timely intervention in current debates about the role of the private sector in providing...