Economics Commons^™

Synthesizing The Vertical And The Horizontal: A World-Ecological Analysis Of 'The Industrial Revolution', Part I, Christopher R. Cox

Dissertations and Theses

'The Industrial Revolution' is simultaneously one of the most under-examined and overly-simplified concepts in all of social science. One of the ways it is highly under-examined is in the arena of the ecological, particularly through the lens of critical world-history. This paper attempts to analyze the phenomenon through the lens of the world-ecology synthesis, in three distinct phases: First, the history of the conceptualization of the Industrial Revolution is examined at length, paying special attention to the knowledge foundations that determine these conceptualizations. Secondly, I sift out what I believe is the dominant model throughout most of modern …

Innovation, Markets, And Evolution, Mitch Green

Economics Undergraduate Honors Theses

This paper approaches innovation from an evolutionary perspective. Literature spanning a broad range of traditions in economics is considered, to include Institutionalist, Schumpeterian, post-Keynesian, and growth theorists. Key systemic changes are examined in the context of prevailing technological and social institutions. It is argued that expectation-fixing effects such as path-dependence in investment and innovation provide structure to a social network of market institutions that seek to validate money contracts. The institution of money is considered as a center of power in the system and affects the course of innovation. Money as the unit of account becomes the object of …

Thirlwall's Law And Krugman's 45-Degree Rule: Mathematically Identical, Mutually Exclusive, Karl Garbacik

Economics Undergraduate Honors Theses

Thirlwall's Law and the 45-degree rule, originally formulated by Krugman, are radically different interpretations of the same statistical regularity. This statistical regularity is that a country's long-run growth rate will approximate to the ratio of that country's export growth to its import elasticity of demand. Thirlwall's Law falls under a Post-Keynesian framework which is primarily a demand-side model. The 45-degree rule relies on a supply-side interpretation, a result of its neoclassical origins. This thesis seeks to answer two questions. The first is, are the members of the Post-Keynesian and neoclassical communities working on each of these theories aware of the …

The Impact Of Corruption On The Timing And Mode Of Entry By U.S. Firms In China, Jacob Billings

Economics Undergraduate Honors Theses

Since 1979 when China opened its economic borders, it has seen an influx of foreign direct investment that gradually snowballed into enormous annual inflows of capital. Researchers have taken advantage of this event as an incredibly useful testing ground of theories regarding FDI. Using this new data from China, along with data from countries already open to outside investment, many variables, such as GDP, wage, and distance, have been found to consistently correlate in one way or another to particular aspects of FDI inflow, including amount, location, timing, and type.

One such variable that has had some attention is corruption. …

The Science Of Persuasion In Recent Discourse On T.R. Malthus: An Exercise In The Analysis Of Rhetoric In Economics, Laila Winner

Economics Undergraduate Honors Theses

Of all the dour portraits lining the august halls of Economics, it is that of Thomas Robert Malthus which seems perhaps to scowl the most grimly. Describing an approach or policy as Malthusian in everyday conversation conjures a host of disturbing images, bare fields and squalling babies chief among them. Such allusions provoke even stronger reactions within the discipline Malthus helped to found, ranging from Keynes's fervent championship to the sneering dismissal of Samuelson. Neither the more famous Smith nor Ricardo nor even Marx can claim to have gained in their lives what the comparatively less prolific Reverend did with …

Structures Of Daily Life : The Material Culture Of Surry County, Virginia, 1690-1715, Anna Louise Hawley

Dissertations and Theses

This is a study of the material culture of Surry County, Virginia for the years 1690 to 1715, based on an analysis of 221 probate inventories. The inventories were divided by decades and then ranked by total appraised value. The bottom 30%, lower middle 30, upper middle 30% and the top 10% are described and changes over time examined. The picture of Surry that emerges is that of a poor county which was, nevertheless, a place of opportunity for the poorer sections of society. The bottom 60% of Surry's residents profited from the brief boom in the tobacco market (1696- …

Thought, Word And Deed In The Mid-Tudor Commonwealth : Sir Thomas Smith And Sir William Cecil In The Reign Of Edward Vi, Ann B. Clark

Dissertations and Theses

This thesis examines the general economic and intellectual climate of the mid-Tudor Commonwealth as a background for a specific study of the financial reforms instituted by Edward VI's government while the Duke of Northumberland controlled the Privy Council. The philosophy behind these measures parallels the principles expressed in A Discourse of the Commonweal of this Realm of England, a treatise written in 1549 by Sir Thomas Smith, Secretary to King Edward. In 1551-1552 the implementation of financial reform fell to Sir William Cecil, also King's Secretary and Northumberland's key administrator on the Council. In establishing the link between Smith's ideas …

The Effectiveness Of Induced Location Of Manufacturing Industry As A Means Of Fostering Sustained Economic Growth In Less Developed Regions Of Oregon, Leland F. Smith

Dissertations and Theses

The subject of this thesis was chosen from both a professional and an academic interest in the economic development of Oregon. Prompted by proposals made to the Oregon Legislature to initiate various forms of industrial subsidy programs to disperse economic growth and population away from congested areas, this research effort seeks to provide an evaluative analysis of the effectiveness of subsidy techniques in influencing industrial location and stimulating a sustained growth process in less developed areas.

Research was undertaken in two primary subjects: 1) theory of regional economic development and the effects of subsidies on the growth process; and 2) …