Massimo Florio is Professor Emeritus of Public Economics, University of Milan, formerly Head of the Economics Department. His research interests include privatisation and public enterprise, social cost benefit analysis of public investment, EU regional and industrial policy, economics of science and innovation. He has coordinated for over twenty years editions of the European Commission’s “Guide of cost-benefit analysis of investment projects” and led evaluation studies for the EC, EIB; EP, OECD, CERN and Italian Space Agency. His book “Investing in Science. Social Cost-Benefit Analysis of Research Infrastructures” was published in 2019 by MIT Press. A new book on the “Privatisation of Knowledge” ( Routledge 2023) deals with social justice and EU policies in biomedical research, climate change and big data governance. He has recently led for the European Parliament two studies “European pharmaceutical research and development: Could a public infrastructure overcome market failures?” and “Mapping of long-term public and private investments in thedevelopment of COVID-19 vaccines”. He is also founder and Honorary president, CSIL.