2  Paunio, J. Kansantaloustieteen näköaloista. Kansantaloudellinen Aikakauskirja, 1961:3. BIS central bankers’ speeches  1  at the international conference in Helsinki in the summer of 1975, where Paunio was the first speaker. Paunio’s presentation, which dealt with the efficiency of health services and their allocation mechanisms, made a profound impression on the thinking of many.3 I was one of them.
As we know, this subject is even more topical today, four decades later, and the longstanding work of the Foundation, also in this regard, deserves our gratitude. *** Many things have happened in the field of economic policy since those times and there have been recurrent disappointments in the most idealistic breeds of economics.