TCLab Editor

Innogen with Prof. Smita Srinivas

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“The economics discipline is deeply fractured. This is an enormous problem today and it affects not only how we tackle Covid-19, but also climate change, biodiversity, energy challenges, financial crashes…What students are being taught does not capture the enormous advances in evolutionary institutional analyses that have been made.”

Covid-19: A Time for Interdisciplinary Cohesion?

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“At the moment, the market for a Covid-19 vaccine is, in principle, infinite and there has been all kinds of frantic activity to be the first to market. …It is really important to have some clarity on what types of markets are required and why.”

Health Diplomacy in a Pandemic

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The topic? you guessed it: Healthcare Diplomacy, now practically a household term. Before Covid, this was specialist terrain mostly narrowed to clinicians and virologists. The pandemic has made it necessary to have wider public debates on sustained health and wellbeing and the new diplomacy of healthcare.

A New Economics for Health

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“Consequently, as technological advances grow and equipment and methods increasingly specialist and narrow, economics ceases to be the simple cost calculus of cost–benefit analysis, neither a market failure threshold for state intervention, nor indeed one that can rely on equilibrium analysis in fast-moving technological domains.”