Colleagues:
It is interesting to see that the academy still debating
whether the town leads the country or the country the town in the
process of economic advance. We are still considering the
difference between Russian and Chinese comunist doctrine, and
whether A. Smith was right about the town and the country.
Further, one would expect, and it has often been asserted with
evidence, that where an unequal distribution of wealth is associated
with relatively large investment in development, egalitarianism is
inconsistent with economic growth. But this too is an "old
chestnut".
Plus ca change, plus c'est le meme chose.
Robin Neill