Price and value concepts in the theory and practice of centrally planned economies, e.g. the Marxian ‘transformation problem’. Economic development and policy in the Soviet Union. Problems of planning, trade, and aid for developing countries.
And shadow pricing for project appraisal.
Research Fellow, Official Fellow, Nuffield College, Oxford. Research Association, Russian Research Center, Harvard University. Special Lector, University Oxford.
Consultant, United Kingdom National Executive Development Office, Department Economics Affairs, United Kingdom Board Trade, 70, United Nations Economic Commission for Europe, 1961-1962, United Nations Human Rights Committee, 1972. Adviser, Government Iran, 1966-1970, Government Chile, 1969,1970, Government Indonesia, 1972-1973. Visiting Professor, Columbia University, 1958, Osaka University, 1958, Wharton School, Pennsylvania University, 1963, University of the South, Tennessee, United States of America, 1982.
Senior Fellow, Nuffield College, Oxford, since 1978. Editor, Oxford Economic Papers, 1960-1975, Journal of Post-Keynesian Economics, Journal of Comparative Economics.
- The Economics of Cost, Use, and Value: The Evaluation of Performance, Structure, and Prices across Time, Space, and Economic Systems
- This study proposes a new conceptual framework for an integrated analysis of prices and values.
- Cost, Use, and Value: The Evaluation of Performance, Structure, and Prices Across Time, Space, and Economic Systems
- A new conceptual framework for analysing prices and values.