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Southern Slavery And Antebellum Law: Modifications Suited To The State And Master Class, Steven J. Casement 2018 Le Moyne College

Southern Slavery And Antebellum Law: Modifications Suited To The State And Master Class, Steven J. Casement

#History: A Journal of Student Research

This paper deals with the complexity of the legal system in the American South during the Antebellum period. The laws put in place by the various Southern states during this era were constructed locally, and were a delicate balance of planters’ property rights, the need for slave regulation, and evangelical desire to defend their own way of life. But, the resulting outcome was the same in each case. The Southern states continuously pushed laws that reinforced the authority of the master with the help of political economists, judges, lawmakers, and of course the master class itself. Therefore, this paper emphasizes ...


Regulation And The Marginalist Revolution, Herbert J. Hovenkamp 2018 University of Pennsylvania Law School

Regulation And The Marginalist Revolution, Herbert J. Hovenkamp

Faculty Scholarship

The marginalist revolution in economics became the foundation for the modern regulatory State with its “mixed” economy. Marginalism, whose development defines the boundary between classical political economy and neoclassical economics, completely overturned economists’ theory of value. It developed in the late nineteenth century in England, the Continent and the United States. For the classical political economists, value was a function of past averages. One good example is the wage-fund theory, which saw the optimal rate of wages as a function of the firm’s ability to save from previous profits. Another is the theory of corporate finance, which assessed a ...


Christian Political Economy And Economic Science: A Pathway For Interdisciplinary Dialogue, Nathan McLellan 2018 Southern Methodist University

Christian Political Economy And Economic Science: A Pathway For Interdisciplinary Dialogue, Nathan Mclellan

Religious Studies Theses and Dissertations

This dissertation considers two intellectual impediments to interdisciplinary dialogue between Christian theologians, ethicists, and economists: scarcity and the status of economics as a wertfrei science. Using the landmark methodological work of Lionel Robbins, An Essay on the Nature and Significance of Economics Science, to frame the discussion, this dissertation seeks to remove these two intellectual impediments to interdisciplinary dialogue by considering three nested questions. They are:

(1) Is scarcity—as defined by Robbins—an accurate description of the world?

(2) If scarcity, as defined by Robbins, is an accurate description of the world, how is this to be justified theologically ...


Patriarchal Norms, Bargaining, And Gendered Attitudes On Intimate Partner Violence, Anna Eckenrode 2018 The University of San Francisco

Patriarchal Norms, Bargaining, And Gendered Attitudes On Intimate Partner Violence, Anna Eckenrode

Master's Theses

How do the underlying mechanisms of social norms and bargaining power relate to the acceptance of intimate partner violence within households? How do short run and long run determinants of gender norms affect attitudes toward IPV? This study begins to decompose the dynamics of the acceptance of IPV within couples using data from the Demographic Health Survey, as well as examine the relationship in the context of patriarchal societies using data from the Ethnographic Atlas. I find that females are more accepting than males of intimate partner violence, and females becoming more educated is associated with her being less accepting ...


The Significance Of Mongolia's Foreign Policy And Security Apparatus On A Global And Regional Scale, Bolor Lkhaajav 2018 University of San Francisco

The Significance Of Mongolia's Foreign Policy And Security Apparatus On A Global And Regional Scale, Bolor Lkhaajav

Master's Projects and Capstones

Mongolia, land-locked between two politically, economically, and militarily powerful nations — Russia and China — often must balance its foreign and security policies with its two neighbors and countries beyond. When discussing Mongolia’s foreign policy and security apparatus, historians and scholars look at the international relations of East Asia as a whole. This is the case not because Mongolia’s foreign policy is insignificant but because greater powers impose greater influence on smaller states. Mongolia’s partial involvement in World War II (WWII), and the Cold War introduced new challenges as well as opportunities for Mongolia to modernize its foreign policy ...


The Controversial F-35 Joint Strike Fighter: America's Most Expensive Weapons System And Its Global Impact, Bert Chapman 2018 Purdue University

The Controversial F-35 Joint Strike Fighter: America's Most Expensive Weapons System And Its Global Impact, Bert Chapman

Libraries Faculty and Staff Creative Materials

Provides an overview on the F-35 Joint Strike Fighter (JSF) program involving the U.S. and many allied countries. Describes the costs of this program, the technical problems it has experienced, its economic impact on the U.S. and allied countries, the JSF's operational capabilities, potential combat scenarios in which it could be used, and the campaign finance impact aerospace companies and unions have in the electoral process.


Public Principles And Economic Legacy, Stanley Schwartz 2018 Cedarville University

Public Principles And Economic Legacy, Stanley Schwartz

Channels: Where Disciplines Meet

2018 will mark the 60th anniversary of the publication of Public Principles of Public Debt. The Nobel-prize winning economist’s first book conflicted with the Keynesian orthodoxy of the day, and added fresh ideas to an ongoing debate over the fundamentals of public debt theory. This paper seeks to outline the dialogue among leading economists surrounding public debt since the publication of Public Principles of Public Debt, examining the major schools of thought and their development. The ideas of John Maynard Keynes, James Buchanan, and Richard Barro will receive attention, without neglecting other significant contributions. The paper will conclude ...


Gothic Ecclesiastical Architecture Of Northern France: Where Art Meets Economics, Celia R. Woldt 2018 Lake Forest College

Gothic Ecclesiastical Architecture Of Northern France: Where Art Meets Economics, Celia R. Woldt

Senior Theses

Gothic cathedrals were financed in many ways and their building could take centuries to complete. The process was long and arduous costing enormous sums of money over a sustained period of time. Their construction depleted both capital and skilled labor from the surrounding areas spurring both the donors and workers to be represented in the cathedral. The materials used to build these massive structures drew greatly on the region and dictated their architectural form. When the donors, religious figures, aristocracy, and workers are represented it validates the sacrifices they made towards building the cathedral as well as showing their social ...


The Knights Templar’S Economic Empire And The Images That Supported It, Laura Remien Woldt 2018 Lake Forest College

The Knights Templar’S Economic Empire And The Images That Supported It, Laura Remien Woldt

Senior Theses

Today the Knights Templar are known through a swirl of history and conspiracy. The Order of the Temple grew far beyond its original purpose, to reclaim the Holy Land and to protect pilgrims, becoming a banking, financial, and trade giant. The Knights Templars built innovative financial systems, along with a network of monasteries and churches, not only to support the crusades in the Holy Land, but to build, expand, and maintain their empire through the re-working of traditional European art forms to create a particular image of power and piety for both their patrons and enemies.


Monetary Policy At The Zero Lower Bound: Implications Of High Costs Of Credit During A Recession, Louisa Kammerer 2018 Trinity College, Hartford Connecticut

Monetary Policy At The Zero Lower Bound: Implications Of High Costs Of Credit During A Recession, Louisa Kammerer

Senior Theses and Projects

This paper examines the challenges policymaker (and firms) encounter when confronted by a recession at the zero lower bound, when traditional monetary policy is ineffective in the face of deteriorated balance sheets and high costs of credit. Within the larger body of literature, this paper focuses on the cost of credit during a recession, which constrains smaller firms from borrowing and investing, thus magnifying the contraction. Extending and revising a model originally developed by Walker (2010) and estimated by Pandey and Ramirez (2012), this study uses a Vector Error Correction Model to analyze the effects of relevant economic and financial ...


Engaging America: Unearthing The Middle Way In The Conflict Between Liberals And Conservatives, Noah Cadet 2018 SIT Graduate Institute

Engaging America: Unearthing The Middle Way In The Conflict Between Liberals And Conservatives, Noah Cadet

Capstone Collection

Liberals and conservatives have waged conflict over development strategies since the founding of the United States of America. Observers of the 2016 Presidential Election may have noticed an escalation of a preexisting trend of destructive engagement between Democrats and Republicans. The researcher pursued primary and secondary research in an attempt to understand how conflict within and between development paradigms in the United States can be transcended. The central research question was regarding how this conflict affects efforts towards peacebuilding at the grassroots from the perspective of a liberal. The literature review provides a brief histories of US American Political Economy ...


A Review Of Feminist Perspectives On Class And Work, Olivia Aguilar 2018 University of Redlands

A Review Of Feminist Perspectives On Class And Work, Olivia Aguilar

the Women, Gender, and Sexuality Studies Student Conference

No abstract provided.


Building An Ecosystem For Agtech Startups, Kevin L. Kimle 2018 Iowa State University

Building An Ecosystem For Agtech Startups, Kevin L. Kimle

Economics Technical Reports and White Papers

Technology is nothing new, of course, whether in agriculture of any other industry. What may be new is the speed and scale at which technology can shape new opportunities and disrupt existing businesses and industries. Agtech is by all indications important. There are many accelerator programs related to starting agtech businesses, funding of agtech startups has grown, etc. Funding for agtech startups has increased significantly. As tracked by AgFunder News, investment in agtech increased from about $150 million in 2010 to more than $800 million in 2016 and more than $500 million in 2017. Transactions like Monsanto buying Climate Corp ...


Labor Scarcity, Finance, And Innovation: Evidence From Antebellum America, Yifei Mao, Jessie Jiaxu Wang 2018 Cornell University School of Hotel Administration

Labor Scarcity, Finance, And Innovation: Evidence From Antebellum America, Yifei Mao, Jessie Jiaxu Wang

Working Papers

This paper establishes labor scarcity as an important economic channel through which access to finance shapes technological innovation. We exploit antebellum America, a unique setting with (1) staggered passage of free banking laws across states and (2) sharp differences in labor scarcity between slave and free states. We find that greater access to finance spurred technological innovation as measured by patenting activities, especially in free states where labor was relatively scarce. Interestingly, in slave states where slave labor was prevalent, access to finance encouraged technological innovation that substituted for free labor, but discouraged technological innovation that substituted for slave labor.


Entrepreneurship Education Empowers Youth To Change Their Lives, Marianna Brashear, Jason Riddle 2018 Foundation for Economic Education

Entrepreneurship Education Empowers Youth To Change Their Lives, Marianna Brashear, Jason Riddle

National Youth-At-Risk Conference Savannah

The Foundation for Economic Education (FEE) aims at equipping Title 1 schools with free, hands-on, engaging materials that any teacher can facilitate either individually or in a classroom setting with no background in entrepreneurship necessary. These versatile lessons, courses, and workshops teach the entrepreneurial mindset optimizing opportunities for grades 8-12 students no matter which life/career path they choose.


Unicorns, Guardians, And The Concentration Of The U.S. Equity Markets, Amy Deen Westbrook, David A. Westbrook 2018 University at Buffalo Law School

Unicorns, Guardians, And The Concentration Of The U.S. Equity Markets, Amy Deen Westbrook, David A. Westbrook

Journal Articles

No abstract provided.


The Colonial American Economy, Joshua L. Rosenbloom 2018 Iowa State University

The Colonial American Economy, Joshua L. Rosenbloom

Economics Working Papers

The first permanent British settlement in what became the United States was established in 1607, nearly 170 years prior to the American declaration of independence. This chapter examines the economic development of the British North American colonies that became the United States. As it describes, abundant natural resources and scarce labor and capital contributed to the remarkable growth in the size of the colonial economy, and allowed the free white colonial population to enjoy a relatively high standard of living. There was not, however, much improvement over time in living standards. Patterns of factor abundance also played an important role ...


Antebellum Labor Markets, Joshua L. Rosenbloom 2018 Iowa State University

Antebellum Labor Markets, Joshua L. Rosenbloom

Economics Working Papers

The United States economy was transformed in the period between American independence and the beginning of the Civil War by rapid population growth, the development of manufacturing, the onset of modern economic growth, increasing urbanization, the rapid spread of settlement into the trans-Appalachian west, and the rise of European immigration. These years were also characterized by an increasing sectional conflict between free and slave states that culminated in 1861 in Southern secession from the Union and a bloody and destructive Civil War. Labor markets were central to each of these developments, directing the reallocation of labor between sectors and regions ...


Whatever Did Happen To The Antitrust Movement?, Herbert J. Hovenkamp 2018 University of Pennsylvania Law School

Whatever Did Happen To The Antitrust Movement?, Herbert J. Hovenkamp

Faculty Scholarship

Antitrust in the United States today is caught between its pursuit of technical rules designed to define and implement defensible economic goals, and increasing calls for a new antitrust “movement.” The goals of this movement have been variously defined as combating industrial concentration, limiting the economic or political power of large firms, correcting the maldistribution of wealth, control of high profits, increasing wages, or protection of small business. High output and low consumer prices are typically unmentioned.

In the 1960s the great policy historian Richard Hofstadter lamented the passing of the antitrust “movement” as one of the “faded passions of ...


The Long-Term Effects Of The Historical Roman Road Network: Trade Costs Of Italian Provinces, Luca De Benedictis, Anna Maria Pinna, Vania Licio 2018 University of Verona

The Long-Term Effects Of The Historical Roman Road Network: Trade Costs Of Italian Provinces, Luca De Benedictis, Anna Maria Pinna, Vania Licio

Luca De Benedictis

The paper gives evidence of the causal effect of infrastructure on trade costs, for the 107 Italian provinces (NUTS3), testing whether differences in trade costs between provinces today can be traced back to the structure of the historical Roman road network. By constructing a specific measure of Roman road intensity for each Italian province and relying on an instrumental variables approach, the empirical analysis shows that having an integrated system of roads, as the one built during the Roman empire, plays an important role on current international trade. As a whole, the study confirms not only the importance of history ...


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