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Articles 1 - 6 of 6
Full-Text Articles in Economics
Three Essays On Labor And Marriage Markets: Farm Crisis And Rural-To-Urban Migration In The United States, 1920-1940, Jennifer Withrow
Three Essays On Labor And Marriage Markets: Farm Crisis And Rural-To-Urban Migration In The United States, 1920-1940, Jennifer Withrow
Doctoral Dissertations
Race and gender create differential responses to, and outcomes of, economic crisis. In this dissertation, I study the intersection of race and gender in the context of steep declines in farm commodity prices during the U.S. farm crisis of the 1920s and 1930s. Against this backdrop, women altered their marriage timing, increased their labor force participation, and migrated off-farm. Previous quantitative studies of this period typically omitted women due to challenges linking women from one historical census to the next after marriage. I create new datasets following women over both decades and draw on archival sources to explore the impact …
Three Essays On Socio-Institutional Ecosystems & Labor Structures, Jonathan Donald Jenner
Three Essays On Socio-Institutional Ecosystems & Labor Structures, Jonathan Donald Jenner
Doctoral Dissertations
In three essays, this dissertation explores the relationship between the social and the economic, with an eye to how social and institutional formations affect economic outcomes. In the first essay, I construct a theoretical base by developing the metaphor of ‘ecosystem’ as a frame for thinking of the various interrelations between social processes and economic phenomena – the socio-institutional ecosystem analysis. In invoking ecosystem as a central metaphor, this dissertation calls into focus the interaction between the economic and the non-economic, recognizing the multiplicity of causal inter- and intra-relationships between the two. I deploy this analysis in two substantive case …
The (Im-)Possibility Of Rational Socialism: Mises In China’S Market Reform Debate, Isabella M. Weber
The (Im-)Possibility Of Rational Socialism: Mises In China’S Market Reform Debate, Isabella M. Weber
Economics Department Working Paper Series
This paper investigates the long first decade of reform in China (1978-1992) to show that Mises, in particular his initiating contribution to the Socialist Calculation Debate, became relevant to the reconfiguration of China’s political economy when the reformers gave up on the late Maoist primacy of continuous revolution and adhered instead to an imperative of development and catching up. During the Cultural Revolution, Mao had rejected the notions of efficiency and rational economic management. In the late 1970s, the reformers under Deng Xiaoping’s leadership elevated these notions to highest principle. As a result, Mises’ critique that socialism could not achieve …
The Nature Of Money And The Theory Of International Trade: Thornton And Ricardo, Isabella M. Weber
The Nature Of Money And The Theory Of International Trade: Thornton And Ricardo, Isabella M. Weber
Economics Department Working Paper Series
A rich recent literature reinvestigates the nature of money, but little attention has been paid to the ramifications of the ways in which we theorize money for the theory of international trade. This paper examines the logical relationship between the neutrality of money and self-balancing trade based on Henry Thornton and David Ricardo as two foundational contributions to credit and commodity money theories respectively. I show that both authors theorize trade as self-balancing whenever money is conceptualized as neutral. I distinguish two notions of the neutrality of money: ex ante and ex post neutrality. In Thornton’s Paper Credit money is …
China’S Ancient Principles Of Price Regulation Through Market Participation: The Guanzi From A Comparative Perspective, Isabella Weber
China’S Ancient Principles Of Price Regulation Through Market Participation: The Guanzi From A Comparative Perspective, Isabella Weber
Economics Department Working Paper Series
The History of Economic Thought as a field has long taken it as a premise that so far as ancient economic thought is concerned, only the Greeks and Romans are worth studying. This paper introduces the Guanzi as a core text in ancient Chinese economic thought on price stabilization from a comparative perspective with ancient Greek contributions. The Guanzi presents a framework for the empirical analysis of market fluctuations and price movements and derives principles of economic governance from this analysis. In contrast Plato and Aristotle come to the question of price determination from the angle of moral philosophy. They …
Shooting For An Economic “Miracle”: German Post-War Neoliberal Thought In China’S Market Reform Debate, Isabella M. Weber
Shooting For An Economic “Miracle”: German Post-War Neoliberal Thought In China’S Market Reform Debate, Isabella M. Weber
Economics Department Working Paper Series
This paper develops a comparative and connected history of the debates over transition to a market economy in West-Germany after World War II and in China during the first decade of reform and opening up under Deng Xiaoping (1978-1988). At both historical moments the political aim was to reintroduce market mechanisms into a dysfunctional command economy. The question what kind of price reform this required was subject to heated debates among economists. This paper shows how the West-German 1948 currency and price reform was introduced into the Chinese reform debate by German ordoliberals and neoliberals like Friedman. It traces how …