Henry George and Europe

A bstract . In the eyes of European scholars, publicists and politicians who studied Henry George's work, he, as a social philosopher , had adopted the position of the natural law philosophers of the 18th century. The latter inspired the Declaration of Independence, the U.S. Constitution and its Bill of Rights, as well as the poiitical philosophy of Jeffersonian democracy , the ethos of the 18th and 19th century pioneer settlers. George rejected Social Darwinism. He saw natural law as the only true and reliable basis for a just social order. Like Karl Marx he mastered Ricardian economics ; unlike Marx, George made two factors the basis of his system, labor and land. George saw that each person had a natural right —and a natural imperative for survival —to apply his or her productive capacity to the earth –as living space and as storehouse of nutrients and raw materials. The person-land relationship , he discovered, lay at the basis of human culture. And so the land's rent , now monopolized by the few, had to be appropriated to meet the needs of society, most efficiently and justly by a land value tax.     

RECENT DEVELOPMENTS IN THE THEORY OF NATURAL MONOPOLY

Abstract. This paper examines two important recent developments in the theory of natural monopoly, or more generally the theory of market structure. The first is a series of papers, involving Baumol with various co-authors, investigating the theory of industry structure, whilst the second is particularly associated with the names of Shaked and Sutton, and the relationship they develop between product differentiation and industry structure. The paper surveys and to some extent contrasts these two new approaches.
Baumol et al. 's contribution is seen to be in the area of clarifying the concept of natural monopoly, refining the definitions of multiproduct costs, and developing a notion of social efficiency applicable to industries where economies of scale are important. Shaked and Sutton employ a new definition of natural monopoly unrelated to market size and utilize information about consumers'income distributions to develop their notion of vertical product differentiation and natural oligopoly.     

THE PLACE OF MANAGERS IN INDUSTRIAL DEMOCRACY

The discussion of industrial democracy in Britain has exploded in the last few years, but the result has been to write an agenda which has still to be worked through, not to reveal a consensus which can be written into action at once.     

Wer wird Professor für Kommunikationswissenschaft und Journalistik?

Der vorliegende Beitrag fragt nach der demographischen Struktur der zentralen akademischen Akteure der Kommunikationswissenschaft in Deutschland und nach m?glichen Ver?nderungen dieser Struktur in den letzten 50 Jahren. Die Analyse zeigt zum einen, dass von einem einheitlichen Zugang zum Hochschullehrerberuf nach wie vor keine Rede sein kann, und zum anderen, dass das Fach vor einer demographischen Herausforderung steht. Die Kommunikationswissenschaft hat sich durch Akademisierung und ?Versozialwissenschaftlichung? von ihren Wurzeln gel?st. War Berufserfahrung im Medienbereich bis in die 1960er Jahre Voraussetzung für eine Berufung, verfügt heute nur noch eine Minderheit über solche Erfahrungen. Da die Existenz des Faches im Rahmen der Universit?t auch von der Nachfrage der Studierenden abh?ngt, kann man über die Folgen des anstehenden Generationswechsels nur spekulieren. In jedem Fall fehlt es an formal für die Hochschullehrerlaufbahn qualifiziertem Nachwuchs. Deshalb sind erhebliche Anstrengungen erforderlich, wenn der Boom im letzten Drittel des 20. Jahrhunderts sich nicht als Seifenblase erweisen soll.     

Reorganizing Two-Tier Local Government for Regional Assemblies

The Government has decided that referenda will be held in three northern regions of England regarding the establishment of elected regional assemblies. If these are established, the areas with two-tier local government would be converted to unitary structures. The Government asserts that this would be necessary because the retention of the two tiers would be the retention of one tier too many, but offers no evidence to back up this assertion. This assertion has been tested by an analysis of the Audit Commission's Comprehensive Performance Assessment (CPA) ratings for the single tier and county councils, which shows that the counties have achieved better assessments than the other principal authorities. In addition, the Boundary Committee has been advised by the Government to use a costing model which is seriously inadequate: transition costs are ignored and the basis for assessing on-going costs is extremely narrow. Transition costs would be at least £110 per resident in the two-tier areas if there were to be three unitary councils for each county area, and there is no reasonable prospect that there would in fact be on-going savings except with unitary counties.     

Transaction costs and crop marketing in the communal areas of Impendle and Swayimana,KwaZulu-Natal

High transaction costs are detrimental to the efficient operation or existence of markets for inputs and outputs. The cost of information and the costs associated with the search for trade partners, the distance to formal markets and contract enforcement are likely to influence the marketing of food crops. This study hypothesises that the level of income generated from food-crop sales by small-scale farmers in the Impendle and Swayimana districts of KwaZuluNatal is influenced by transaction costs and certain household and farm characteristics. Regression analysis shows that the depth of marketing methods is significantly influenced by transaction cost proxies, such as cooperation with large commercial farmers and ownership of means of transport. Results from a block-recursive regression analysis show that the level of crop income generated is determined by the depth of marketing methods, the size of allocated arable land and off-farm income. Households with lower transaction costs, sizeable allocated land and off-farm income can be expected to generate higher income from food crops. Investment in public goods such as roads, telecommunications and an efficient legal system (to uphold commercial contracts), as well as farmer support services (input supply, extension, marketing information and research), would probably raise farm and non-farm income by reducing transaction costs. This would increase the effective demand for locally produced goods and services, thus contributing to rural employment and livelihoods within rural communal areas.     

Variety,Globalization, and Social Efficiency

The standard formal presentation of the Dixit‐Stiglitz‐Krugman (DSK) model of monopolistic competition with a constant‐elasticity‐of‐substitution (CES) utility function supposes a sufficient number of firms so that the elasticity of demand facing each variety is approximated by a constant elasticity of substitution. Such a formulation forces economies of scale to be frozen so that firm size never changes. We use a Bertrand‐Nash interpretation of the equilibrium that allows the elasticity of demand facing each variety to depend on the number of varieties, thus allowing the gains from globalization to reflect both the increase in variety and the exploitation of economies of scale. We also develop a precise expression for per capita real income with any number of sectors and examine the age‐old question of the socially optimal number of varieties.