This and that for your Tuesday reading.
– Branko Milanovic discusses how rent theory fits into the glaring gap between productivity and wages: Bob Solow explored a couple of days ago another possibility. Going back to his own initial work on the theory of growth, some 60 years ago, Solow asked the following question: why did we assume that there is perfect competition and that factors are paid their perfect completion marginal products? We knew, continued Solow, that there were monopolies; moreover, the theory of imperfect competition (Chamberlin and Joan Robinson) existed since the 1930s. Solow said: “I could not (Read more…)
London Transportation Commission
450 Highbury Avenue N.
London, Ontario; N5W 5L2
c/o Ms Caroline Roy; Executive Assistant
Please accept this added communication for the Commission’s 2014/12/17 meeting.
By deliberate design, the London Transportation Commission has only ever provided a limited number of archived agendas & minutes via it’s public website, ie. http://http://ltconline.ca/Agendas.htm.
For the sake of increased public transparency, please accept […]