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Full-Text Articles in Arts and Humanities

Religion, Longevity, And Cooperation: The Case Of The Craft Guild, Gary Richardson Jul 2009

Religion, Longevity, And Cooperation: The Case Of The Craft Guild, Gary Richardson

Gary Richardson

Whenthe mortality rate is high, repeated interaction alonemaynot sustain cooperation, and religion may play an important role in shaping economic institutions. This insight explains why during the fourteenth century, when plagues decimated populations and the church promoted the doctrine of purgatory, guilds that bundled together religious and occupational activities dominated manufacturing and commerce. During the sixteenth century, the disease environment eased, and the Reformation dispelled the doctrine of purgatory, necessitating the development of new methods of organizing industry. The logic underlying this conclusion has implications for the study of institutions, economics, and religion throughout history and in the developing world …


Why Economic Performance Has Differed Between Brazil And China? A Comparative Analysis Of Brazilian And Chinese Macroeconomic Policy, Fernando Ferrari-Filho, Anthony Petros Spanakos Jun 2009

Why Economic Performance Has Differed Between Brazil And China? A Comparative Analysis Of Brazilian And Chinese Macroeconomic Policy, Fernando Ferrari-Filho, Anthony Petros Spanakos

Department of Political Science and Law Faculty Scholarship and Creative Works

This paper addresses a specific question: why has China grown so rapidly and Brazil not? To answer this question, it (i) establishes the basis for comparison between China and Brazil by contextualizing these countries within the BRICs concept, and (ii) presents a comparative analysis of Brazilian and Chinese reforms focusing only on the issue of macroeconomic policy, especially the monetary and exchange rate regimes, and its effect on growth.


Intensified Regulatory Scrutiny And Bank Distress In New York City During The Great Depression,” With Patrick Van Horn, Gary Richardson May 2009

Intensified Regulatory Scrutiny And Bank Distress In New York City During The Great Depression,” With Patrick Van Horn, Gary Richardson

Gary Richardson

Bank distress peaked in New York City, at the center of the United States money market, in July and August 1931, when the banking crisis peaked in Germany and before Britain abandoned the gold standard. This article tests competing theories about the causes of New York’s banking crisis. The cause appears to have been intensified regulatory scrutiny, which was a delayed reaction to the failure of the Bank of United States, rather than the exposure of money center banks to events overseas.


Economic Development In Cold War South Carolina, R. Phillip Stone Ii Mar 2009

Economic Development In Cold War South Carolina, R. Phillip Stone Ii

Faculty Scholarship

Argues that South Carolina did not benefit from Cold War-influenced economic development because of the lack of industry in the state and the lack of skilled workers. South Carolina's focus on low-wage, low-value added production continued well into the modern era.


Critical Tax Theory: An Introduction, Anthony C. Infanti, Bridget J. Crawford Jan 2009

Critical Tax Theory: An Introduction, Anthony C. Infanti, Bridget J. Crawford

Book Chapters

Our book Critical Tax Theory: An Introduction (Cambridge University Press 2009) highlights and explains the major themes and methodologies of a group of scholars who challenge the traditional claim that tax law is neutral and unbiased. The contributors to this volume include pioneers in the field of critical tax theory, as well as key thinkers who have sustained and expanded the investigation into why the tax laws are the way they are and what impact tax laws have on historically disempowered groups. This volume will provide an accessible introduction to this new and growing body of scholarship. It will be …


The Ports Of Secession: The Economics Of Florida Ports In The Secession Crisis, Michael P. Robbins Jan 2009

The Ports Of Secession: The Economics Of Florida Ports In The Secession Crisis, Michael P. Robbins

Master of Liberal Studies Theses

The root of large-scale human conflict is the protection of economic interests. The economic motivations for the South to secede clashed with the interests of the North in preserving the trade relationships that existed. In choosing the path that led to conflict over peace, decision-makers leaned towards what they believed would be most profitable on the margins. The financial viability of a southern Confederacy was contingent upon the successful separation of Gulf states from the Union. The economic interests generated by Florida's Gulf ports provided a strong incentive for the state to secede, for the emerging Confederacy to support that …


Mills B. Lane, Jr. And Enterprise In A New South, Randall L. Patton Jan 2009

Mills B. Lane, Jr. And Enterprise In A New South, Randall L. Patton

Faculty and Research Publications

For a century, Citizens & Southern Bank was a fixture in Georgia. In 1991, the C&S brand name disappeared in a merger with North Carolina National Bank. This was one of the bittersweet consequences of the slow, confusing swirl of bank deregulation after 1970, when institutions such as C&S simply disappeared, swallowed by the "winners" in the new competitive environment of interstate banking in the 1980s and 1990s. Even earlier, however, the Lane family had ceased to control the bank started by Mills Lane, Sr. in 1891. Mills B. Lane, Jr. was the last member of the Lane family to …


Review Of Frances Dinkelspiel's Towers Of Gold: How One Jewish Immigrant Named Isaias Hellman Created California, Lynne Doti Jan 2009

Review Of Frances Dinkelspiel's Towers Of Gold: How One Jewish Immigrant Named Isaias Hellman Created California, Lynne Doti

Economics Faculty Articles and Research

A review of "Towers of Gold: How One Jewish Immigrant Named Isaias Hellman Created California."


Social Insurance, Commitment, And The Origin Of Law: Interest Bans In Early Christianity, Jared Rubin Jan 2009

Social Insurance, Commitment, And The Origin Of Law: Interest Bans In Early Christianity, Jared Rubin

Economics Faculty Articles and Research

Despite the historical importance of ideology-based, economically inhibitive laws, we know little about the economic factors underlying their origin. This paper accounts for the historical emergence of one such law: the Christian ban on taking interest--a doctrine that shaped the evolution of numerous financial contracts and related organizational forms. A game-theoretic analysis and historical evidence suggest that the Church's commitment to providing social insurance for its poorest constituents encouraged risky borrowing, which the Church attempted to limit by banning interest. The analysis highlights the applicability of the rational choice framework to seemingly irrational actions and laws, the role of nonmonetary …


The Civil Market: Medieval Franciscan Ideas To Solve 21st Century Economic Problems, Stefano Zamagni Jan 2009

The Civil Market: Medieval Franciscan Ideas To Solve 21st Century Economic Problems, Stefano Zamagni

Clemens Lecture Series

No abstract provided.


Making Property Productive: Reorganizing Rights To Real And Equitable Estates In Britain, 1660 To 1830, Gary Richardson Dec 2008

Making Property Productive: Reorganizing Rights To Real And Equitable Estates In Britain, 1660 To 1830, Gary Richardson

Gary Richardson

Between 1660 and 1830, Parliament passed thousands of Acts restructuring rights to real and equitable estates. These estate Acts enabled individuals and families to sell, mortgage, lease, exchange and improve land previously bound by inheritance rules and other legal legacies. The loosening of these legal constraints facilitated the reallocation of land and resources towards higher-value uses. Data reveal correlations between estate Acts, urbanization and economic development during the decades surrounding the Industrial Revolution.