This is free trade 2.0. If it works it will challenge monopolies and vested interests as much as free trade 1.0 was intended to do. It may be that we will now need to call it something different. But whatever we call it, Manchester looks set to lead the way.
May 2015 - Page 2 of 2 - Newstart in Greater Manchester
Agglomeration economics follows a long line of economic policy which views growth as of much higher importance than that of inequality and the distribution of that growth. This theory has become the dominant frame for much city economic policy.
We highlight the injustice of employers paying over £200,000 a week to people kicking a ball around a field, but less than a living wage to those who clean up afterwards