In Pannell Discussion 18, I touched on the need to select a clear objective when tackling a complex decision problem. Without a well-defined and well-considered

Economics is fundamentally about decisions, either understanding the decisions that people make, or helping people (especially governments) to make decisions. Some decisions are hard, but

I watched a lot of tennis from Wimbledon when it was on a week or two ago. The big story of the tournament was the

Some people seem to think that a good use of economists is to estimate “the cost of” things. Particularly in the realm of environmental impacts