6,048 research outputs found
The case for growth with Tim Besley and Paul Collier
No full textConversation between Professor Tim Besley (London School of Economics) and Professor Sir Paul Collier (University of Oxford) on the importance of economic growth to international development
Economics with a moral compass? Welfare economics: past, present, and future
No full textThis conversation between Nobel Laureates Amartya Sen and Angus Deaton, moderated by Annual Review of Economics Editorial Committee Member Tim Besley, focuses on bringing ethical issues into economics, and the implications that this has for the practice and teaching of economics. A video of this interview is available online at https://www.annualreviews.org/r/EconMoralCompass
Replication Package for "Trust and State Effectiveness: The Political Economy of Compliance"
No full textThere is a README file that provides information on the data used in the paper titled “Trust and State Effectiveness: The Political Economy of Compliance” by Tim Besley and Sacha Dray, and steps to replicate its results.
DATA SOURCES: Raw datasets needed for replication are in the folder "data/raw". 1/ IVS_clean.dta : dataset based on the Integrated Values Survey 1981-2021, which can be accessible from the World Values Survey or European Values Survey website.
- EVS (2022): EVS Trend File 1981-2017. GESIS Data Archive, Cologne. ZA7503 Data file Version 3.0.0, doi:10.4232/1.14021.
- 2/ UK_C19_cohorts: dataset from the COVID-19 Survey in Five National Longitudinal Cohort Studies.
- Centre for Longitudinal Studies. (2020). COVID-19 survey in five national longitudinal cohort studies: Millennium Cohort Study, Next Steps, 1970 British Cohort Study and 1958 National Child Development Study, 2020–2021 [data collection]
Biodiversity: a conversation with Sir Partha Dasgupta
No full textThis conversation with Sir Partha Dasgupta, moderated by Annual Review of Economics Editorial Commitee Member Tim Besley, focuses on biodiversity and its implications for economic thought and policy. A video of this interview is available online at https://www.annualreviews.org/r/partha_dasgupta_interview
From liberal economic policies to liberal political institutions? Democracy, development clusters and wellbeing
No full textThe period since the Washington Consensus has seen a gradual, though sometimes stuttering, growth in liberal political institutions that support free speech, open contests for power, and constraints on the arbitrary use of power. Meanwhile, economists and other social scientists have studied the interplay of economics and politics along alternative paths of development – paths associated with more or less solid underpinnings for a market economy and more or less peaceful resolutions of domestic conflict. Our chapter explores whether this research supports a consensus around the kind of political institutions, values, and norms that can produce flourishing economies and societies
A new consensus? Economic principles for the 21st century
No full textPublished in 1990, John Williamson’s Washington Consensus set out a “free-market” economic paradigm that has shaped our economies and societies. 35 years later, is another set of economic principles emerging? The London Consensus brings together 50 world-leading economists and policy experts to consider this question. Its editors, LSE’s Tim Besley, Irene Bucelli and Andrés Velasco spoke to LSE Review of Books Managing Editor Anna D’Alton. The London Consensus: Economic Principles for the 21st Century. Irene Bucelli, Tim Besley and Andrés Velasco (editors). LSE Press. 2025
Politicians can’t hide behind scientists forever – even in a pandemic
No full textIt is dangerous when politicians ignore expert advice. But it is just as dangerous when politicians outsource their judgement to experts, especially if the margin of error is huge and the advice is contested, write Tim Besley and Andrés Velasco. Ultimately, it is the job of politicians to make the tough decisions about trade-offs
When we talk about state capacity to deal with COVID, we shouldn’t ignore interpersonal trust
No full textCountries with the fiscal means to pay people to stay at home had an advantage during the pandemic. But there is also an important association between levels of interpersonal trust and COVID mortality, say Tim Besley and Chris Dann (LSE) — and this aspect of state capacity could prove to have been very important
Politicians can’t hide behind scientists forever – even in a pandemic
No full textIt is dangerous when politicians ignore expert advice. But it is just as dangerous when politicians outsource their judgement to experts, especially if the margin of error is huge and the advice is contested, write Tim Besley and Andrés Velasco (LSE). Ultimately, it is the job of politicians to make the tough decisions about trade-offs
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