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Full-Text Articles in Economics

The State Of The Region: Hampton Roads 2011, James V. Koch, Vinod Agarwal, Christopher B. Colburn, Vicky Curtis, Steve Daniel, Susan Hughes, Elizabeth Janik, Feng Lian, Sharon Lomax, Janet Molinaro, Ken Plum, Jim Sylvester, Ayush Toolsidass, Shara Weber, Gilbert Yochum Oct 2011

The State Of The Region: Hampton Roads 2011, James V. Koch, Vinod Agarwal, Christopher B. Colburn, Vicky Curtis, Steve Daniel, Susan Hughes, Elizabeth Janik, Feng Lian, Sharon Lomax, Janet Molinaro, Ken Plum, Jim Sylvester, Ayush Toolsidass, Shara Weber, Gilbert Yochum

Economics Faculty Books

This is Old Dominion University's 12th Annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a …


Richmond Iron: Tredegar's Role In Southern Industry During The Civil War And Reconstruction, Lisa Hilleary Jul 2011

Richmond Iron: Tredegar's Role In Southern Industry During The Civil War And Reconstruction, Lisa Hilleary

History Theses & Dissertations

The American South contained few iron industries in the decades before the Civil War. Not until the Civil War did southern states produce significant quantities of vital industrial products, such as iron. Tredegar Iron Works in Richmond, Virginia, was a rare exception. Under the ownership of Joseph R. Anderson, the company established a national reputation for quality products. Prior to the war, Tredegar did business with northerners and with the Federal government. During the war, Tredegar became one of the main weapons suppliers to the Confederate military. Since this iron company physically and economically survived the war, Anderson regained many …


Confucianism And The Legalism: A Model Of The National Strategy Of Governance In Ancient China, Haiwen Zhou Jan 2011

Confucianism And The Legalism: A Model Of The National Strategy Of Governance In Ancient China, Haiwen Zhou

Economics Faculty Publications

The Confucian school emphasizes family value, moral persuasions, and personal relations. Under Confucianism, there is a free-rider issue in the provision of efforts. Since national officials are chosen through personal relations, they may not be the most capable. The Legalist school emphasizes the usage of incentives and formal institutions. Under the Legalism, the ruler provides strong incentives to local officials which may lead to side effects because some activities are noncontractible. The cold-blood image of the Legalism may alien citizens. By exploiting the paternalistic relationship between the ruler and the ruled under Confucianism and the strength of institution-building under the …