Arts and Humanities Commons^™

A Matter Of Scale: Assessing The Great Recession Against The Great Depression, Steven L. Danver

Walden Faculty and Staff Publications

The Great Depression of the 1930s and the Great Recession of the late 2000s are compared using economic, social, and political measures to determine if the later economic downturn was as much of a bellwether event as its predecessor.

From Financing Social Insurance To Insuring Financial Markets: The Socialisation Of Risk And The Privatisation Of Profit In An Age Of Irresponsibility, Simon Lee, Richard Woodward

Books/Book Chapters

Commentaries on the financial meltdown that began with Lehman Brothers’ collapse in September 2008 trace its origins to greedy bankers exploiting lax regulatory practices to take excessive risks through exotic and arcane financial instruments. While not wishing to demur from this analysis this chapter takes issue with the frequent failure to acknowledge that this has come about as a consequence of the (mis)application of state power over the past 50 years (see Helleiner 1994). Starting with the tacit support for the development of the Euromarkets in the 1960s and culminating with the responses to the turmoil of 2008-2010 the chapter …

A Story Of Four Revolutions: Mechanisms Of Change In India, Aseema Sinha

CMC Faculty Publications and Research

Sumit Ganguly and Rahul Mukherji’s India Since 1980 presents a bold and ambitious argument about change across and within India. Its unique contribution lies in its description of four distinct revolutions: social-political, economic, foreign policy, and religious. While many recent books have noted changes in India’s economy and foreign policy, India Since 1980 will be known for its juxtaposition of four different themes in one short, pithy volume. Even if one may disagree with the authors’ choice of the four dimensions of change, the book’s dominant message is that India is changing across a whole range of policies and arenas.

The Bodwell Granite Company Store And The Community Of Vinalhaven, Maine, 1859-1919, Cynthia Burns Martin

Maine History

From the late 1850s to the late 1910s, Bodwelll Granite Company on Vinalhaven Island operated a Company Store from which employees could purchase a wide variety of consumer goods. In the early decades of its existence, the Company Store was generally popular with the company’s employees and the island community. Because of certain competitive advantages, and because the company was guaranteed a profit through federal contracts, the company store often had lower prices than its competitors. But by the late nineteenth century, the store’s prices were often higher than its competitors and the store became part of the growing rift …

A Company Of Shadows: Slaves And Poor Free Menial Laborers In Cumberland County, Maine, 1760 – 1775, Charles P.M. Outwin

Maine History

Although slaves and poor, free menial laborers were by no means a majority of the population in late colonial-era Maine, they represented a culturally and socioeconomically significant part of commercial society there, especially at Falmouth in Casco Bay (now Portland) and in coastal Cumberland County. This essay uncovers the lives of the Falmouth’s small slave population and its larger poor menial laborer population from 1760 up to the port city’s destruction by the British in 1775. The author was granted a Ph.D. in history from the University of Maine in 2009. He is a member of the Maine Historical Society, …

Capitalism And The Science Of History: Appleby, Marx, And Postmodernism, Patrick D. Anderson

Grand Valley Journal of History

Joyce Appleby has written an extensive amount on the origins and development of capitalism, but her work is influenced by her belief that history is a science with at least some objectivity. She rejects Marxism as a relic of past historians with naïve beliefs about finding the laws of nature, but she also rejects postmodern criticisms of history because they undermine any chance for objectivity. Appleby believes the historian can be objective even if politics necessarily colors his or her work. For Appleby, her support of capitalism leads her to make policy recommendations with her historiography, recommendations that change with …

Labor Economics, George R. Boyer, Robert Smith

George R. Boyer

The authors hypothesize that most labor economists "sooner or later had to incorporate at least the appearance of institutional concerns in their papers to avoid indigestion whenever lunching with colleagues outside the field of economics" They add: "If the new interests of modern labor economics are in fact driven by the imperatives of science, then the institutionalist and the neoclassical approaches may well synthesize".

The Union Wage Effect In Late Nineteenth Century Britain, Timothy J. Hatton, George R. Boyer, Roy E. Bailey

George R. Boyer

[Excerpt] This paper offers an historical dimension to the impact of trade unions on earnings by estimating the union wage effect in Britain in 1889-90 using data from the US Commissioner of Labor survey conducted at that time. The determinants of union status are also investigated in terms of a probit estimation using individual characteristics which may be correlated with union membership. The results of this first step are used in the computation of selectivity corrected estimates of the union wage effect. It is found that the effect of union membership on earnings at this time was of the order …

Poor Relief, Informal Assistance, And Short Time During The Lancashire Cotton Famine, George R. Boyer

George R. Boyer

[Excerpt] This paper presents new evidence concerning the importance of poor relief as a source of income assistance for unemployed operatives during the Lancashire cotton famine. My comparison of weekly data on the number of relief recipients in 23 distressed poor law unions with estimates of weekly cotton consumption for the period November 1861 to December 1862 suggests that the average length of time between becoming unemployed and receiving poor relief was less than 2 months. This result is shown to be consistent with available evidence on working class saving. Given the meager amount of informal assistance available to them, …

The Influence Of London On Labor Markets In Southern England, 1830-1914, George R. Boyer

George R. Boyer

[Excerpt] Historians have long acknowledged that London, because of its enormous size and rapidly growing demand for labor, acted as a powerful magnet for migrants from throughout southern England. However, while there is a large literature documenting the flow of migrants to London, there have been surprisingly few attempts to determine the consequences of this migration for southern labor markets. This article attempts to redress the imbalance in the literature by examining the influence of London on agricultural labor markets during the nineteenth century. In particular, the article examines the effect of distance from London on wage rates in southern …

Migration And Labour Market Integration In Late Nineteenth-Century England And Wales, George R. Boyer

George R. Boyer

[Excerpt] There is a long and well established tradition of studies analysing the pattern and causes of internal migration and assessing the degree of labour market integration in late nineteenth-century Britain. Some studies document the flows of migrants from one area to another and describe migrant characteristics and the directions of the predominant streams of migration. Others analyse the determinants of gross or net migration flows at the region or county level. The questions implicit in these studies are: How mobile was the labour force? What were the major factors which determined individual decisions to migrate? How are these factors …

Economics Prof Shares History And Memories Of Polish Solidarity Movement, Lucjan T. Orlowski Dr.

Lucjan T. Orlowski

Orlowski, who is a former Solidarity member, shared with those gathered how the Solidarność went from being a labor movement to a leading political party that helped transform Poland from communism to a democracy.

[Review Of The Book British Labour History, 1815-1914], George R. Boyer

George R. Boyer

[Excerpt] One of the most important issues in economic history is the effect of industrialization on workers' living standards and on the development of labor movements and class consciousness. Because Great Britain was the first nation to industrialize, the British workers have been a favorite topic among economic and social historians. Until now, however, there have been no textbooks covering all aspects of British labor history. E. H. Hunt has admirably filled this gap. His book deals with practically every topic of interest concerning British workers from the end of the Napoleonic Wars to the beginning of World War I.

[Review Of The Book The Idea Of Poverty: England In The Early Industrial Age], George R. Boyer

George R. Boyer

[Excerpt] One must have some knowledge of a society's conception of poverty in order to understand the existence of differing methods of poor relief over time and place. In The Idea of Poverty, Gertrude Himmelfarb presents a detailed account of England's poverty problem during the years 1750 to 1850 as seen by contemporary English economists, politicians, journalists, and novelists. She attempts to determine why the image of poverty, and of the poor, changed over those years and how the popular image of the poor influenced society's methods of relieving poverty. The result is a book that anyone concerned with the …

[Review Of The Book Interwar Unemployment In International Perspective], George R. Boyer

George R. Boyer

[Excerpt] The book redresses two imbalances in the recent literature on interwar unemployment: its almost exclusive focus on the United States and Britain, and its predominantly macroeconomic nature. To achieve these goals, the editors encouraged the authors of the country studies to address a set of microeconomic issues, including the extent to which the incidence and duration of unemployment varied across economic and demographic groups, and the effect of unemployment on labor force participation and poverty. Two macroeconomic issues also are addressed in several of the papers: the effects of real wages and of unemployment insurance on unemployment. These two …

Editor's Introduction (Review Symposium On Converging Divergences: Worldwide Changes In Employment Systems), George R. Boyer

George R. Boyer

[Excerpt] During the past two decades there have been significant changes in employment systems across industrialized countries. Converging Divergences: Worldwide Changes in Employment Systems, by Harry C. Katz and Owen Darbishire, examines changes since 1980 in employment practices in seven industrialized countries—the United States, the United Kingdom, Australia, Germany, Japan, Sweden, and Italy—with a focus on the automotive and telecommunications industries. Katz and Darbishire find that variations in employment patterns within these countries have been increasing over the past two decades. The increase in variation is not simply a result of a decline in union strength in some sectors of …

Comments On Geraghty, Márquez, And Vizcarra, George R. Boyer

George R. Boyer

Professor Boyer reviews and comments upon the three dissertations that were finalists for the Alexander Gerschenkron Prize in 2002.

[Review Of The Book Growing Public: Social Spending And Economic Growth Since The Eighteenth Century], George R. Boyer

George R. Boyer

[Excerpt] Lindert’s discussion of the costs and benefits of the welfare state is only one part, albeit the most eye-catching part, of this wide-ranging work in comparative economic history. Volume 1, written for non-specialists, presents “The Story”; it is tailor-made for upper-level undergraduate courses in economic and social history, public policy, and welfare economics. Volume 2 presents “Further Evidence,” including the regression results that underlie the findings presented in the first volume, and eighty pages of appendices. Graduate students and scholars studying the welfare state will want to read this volume in conjunction with Volume 1. For those who want …

The Economic Role Of The English Poor Law, 1780-1834, George R. Boyer

George R. Boyer

[Excerpt] Over the 85-year period from 1748/50 to 1832/34, real per capita expenditures on poor relief increased at an average rate of approximately 1 percent per year. There were also important changes in the administration of relief with respect to able-bodied laborers during the period. Policies providing relief outside of workhouses to unemployed and under-employed able-bodied laborers became widespread during the 1770s and 1780s in the grain-producing South and East of England. The so-called Speenhamland system of outdoor relief flourished until 1834, when it was abolished by the Poor Law Amendment Act. The aim of the thesis is to provide …

A Contract For The Advance Sale Of Wine, Scott Gallimore

Archaeology and Heritage Studies Faculty Publications

Edition of a sale of wine in advance from Byzantine Egypt (P.Vindob. inv. G 40267). Notable features include the guarantee clause and the supply of jars by the seller, both of which are put in a wider context.

The Role Of The Law In The Availability Of Public Transit And Affordable Housing In Atlanta’S West End, Elliott Lipinsky

ELLIOTT LIPINSKY

The Federal Transit Administration (FTA) is a branch of the U.S. Department of Transportation that administers federal funds and provides technical assistance for the support of locally operated public transit systems. MARTA / Atlanta metro area are part of FTA Region IV (the Southeast). FTA would be involved, for instance, in financing the federal grant monies discussed above. But actual regulation of operations (i.e., what MARTA does each day, or what MARTA will plan to do regionally) is more closely regulated by Georgia agencies.

Until recently, the Atlanta metropolitan area had no powerful central agency to coordinate regional transit. The …

Japan As A Clean Energy Leader, Stefan N. Norbom

Gettysburg Economic Review

Over the past several decades, Japan’s energy strategy had positioned it as the world’s leader in clean and efficient electricity production and usage. This strategy, heavily dependent on nuclear energy, was essentially destroyed by one of history’s largest earthquakes, followed by a tsunami which overwhelmed five nuclear reactors on March 11, 2011. As of April 2012, all of Japan’s 54 nuclear reactors have been shut down and it is uncertain when and how many may be restarted. This paper examines Japan’s options for crafting a new way forward with an energy policy to power the world’s third largest economy while …

"Sell Or Slaughter": The Economic And Social Policies Of German Reunification, Saraid L. Donnelly

CMC Senior Theses

This paper looks at the struggles faced by German policymakers in the years following reunification. East Germany struggled with an immediate transformation from a planned economy to a social market economy, while West Germany sent billions of Deutsche Marks to its eastern states. Because of the unequal nature of these two countries, policymakers had to decide on what they would place more emphasis: social benefits for the East or economic protection for the West. The West German state-level, Federal Government and the East German governments struggled in finding multilaterally beneficial policies. This paper looks at the four key issues of …

The Private Business Of Porfirio Dí­Az And The Early Modernization Of Mexico, 1876-1911, Jorge H. Jimenez

Open Access Theses & Dissertations

Porfirio Dí­az came to power in 1876 and ruled Mexico for over three decades. This period has been known as the Porfiriato. Mexico's economy became part of the modern global market and the country experienced a process of industrialization, the rise of foreign trade, the expansion of communications, and the emergence of new social classes. These series of economic and social transformations have been linked with the country's early modernization.

My dissertation contributes new insights into Mexico's process of modernization and shows how this transformation brought the rise of an entrepreneurial class under Porfirio Dí­az guidance and leadership. My dissertation …