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There is an important trade-off for contemporary policy-makers between workforce participation and the valuable role that parents and carers play in developing the capabilities of our children, the head of Treasury argues in this paper. Poorly designed policies may create perverse incentives that affect their...
Over many years economists have developed a reputation for hostility to distributional issues. Some economists appear to treat them as 'soft' and secondary in importance to 'hard' issues like efficiency and productivity. That approach is a mistake, argues Ken Henry in this speech to the...