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Full-Text Articles in Economics

The Intendant, The Merchants, And Free Trade In Louisiana, 1778-1788, Brian E. Coutts Nov 1988

The Intendant, The Merchants, And Free Trade In Louisiana, 1778-1788, Brian E. Coutts

DLPS Faculty Publications

Spain acquired Louisiana from France in 1763 but was initially unsuccessful in integrating the distant colony into the Spanish commercial system. Encouraged by the colony’s chief financial officer, Intendant Martín Navarro, the Spanish Crown introduced legislation on January 22, 1782 to promote commerce. Free trade was to be permitted for ten years with designated ports in France. The liberal character of the code fostered the growth of numerous merchant companies in New Orleans who found markets for all of Louisiana’s exports in France, England and the French West Indies. Unfortunately, Spain continued to absorb all of the administrative costs for …


El Intendente, Los Comerciantes Y El "Comercio Libre" En Luisiana 1778-1788, Brian E. Coutts Nov 1988

El Intendente, Los Comerciantes Y El "Comercio Libre" En Luisiana 1778-1788, Brian E. Coutts

DLPS Faculty Publications

Spain acquired Louisiana from France in 1763 but was initially unsuccessful in integrating the distant colony into the Spanish commercial system. Encouraged by the colony’s chief financial officer, Intendant Martín Navarro, the Spanish Crown introduced legislation on January 22, 1782 to promote commerce. Free trade was to be permitted for ten years with designated ports in France. The liberal character of the code fostered the growth of numerous merchant companies in New Orleans who found markets for all of Louisiana’s exports in France, England and the French West Indies. Unfortunately, Spain continued to absorb all of the administrative costs for …


The Same Numbers Can Add Up To Various Sums, Chester Smolski Jul 1988

The Same Numbers Can Add Up To Various Sums, Chester Smolski

Smolski Texts

"It was Benjamin Disraeli, supposedly, who first used this truism: 'There are three kinds of lies: lies, damned lies and statistics.' At a time of great interest in house prices and the growing field of demographics, it is incumbent on the reader to be aware of this when reading stories in these areas that are substantiated by numbers."


The Currency Of The Word: Communications, War And Revolution In The Formation Of The Nation-State, 1608-1655, Milton L. Mueller Jan 1988

The Currency Of The Word: Communications, War And Revolution In The Formation Of The Nation-State, 1608-1655, Milton L. Mueller

School of Information Studies - Faculty Scholarship

An original and provocative analysis of the role of communications in the Thirty Years War and the English Revolution of 1640-1649. The years covered by the book saw the first printed new periodicals, the opening of the royal postal system to public correspondence, the monopolization of the posts by the state, and the exploitation of this communications infrastructure for surveillance and news purposes by the emerging territorial state. The book argues that all these developments were related aspects in the emergence of a currency of the word, a change in the temporal status of literate media. Printed commentary now flowed …


The Classical Corporation In American Legal Thought, Herbert J. Hovenkamp Jan 1988

The Classical Corporation In American Legal Thought, Herbert J. Hovenkamp

All Faculty Scholarship

Classical political economy was dedicated to the principle that the state could best encourage economic development by leaving entrepreneurs alone, free of regulation and subsidy. The development of classical economic policy in the United States dramatically changed the concept of the business corporation. Within the preclassical, mercantilist model, the corporation was a unique entity created by the state for a special purpose and enjoyed a privileged relationship with the sovereign. The very act of incorporation presumed state involvement. State subsidy and the incorporators' public obligation were natural corollaries. Business firms that relied on the market alone to determine their prospects …