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nilgiven by Sherwin Rosen and we were also delighted to hear a special talk by Gary Becker on "Human Capital and Modern Labour Economics: the Early Days". This was my first conference as President and during the conference, we welcomed two new members of the executive committee, Erling Barth and Joachim Möller as well as two members who were re-elected, Nina Smith and Giorgio Brunello. We owe a particular debt of gratitude to our leaving members, Irena Kotowska and John Treble. I would also like to thank the following institutions for their support in making the Milan conference possible: Presidenza del Consiglio dei Ministri, European Community – DGV, Comune di Milano, Regione Lombardia, Provincia di Milano,given by Sherwin Rosen and we were also delighted to hear a special talk by Gary Becker on "Human Capital and Modern Labour Economics: the Early Days".


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