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Economics

2017

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Full-Text Articles in History

Uk Governance: From Overloading To Freeloading, Richard Woodward Dec 2017

Uk Governance: From Overloading To Freeloading, Richard Woodward

Articles

The UK's ongoing political turbulence has prompted a reprise of debates from the 1970s when many concluded the country was ungovernable. Then, the most influential diagnosis conceptualised the UK's governance problem as one of ‘overloading’ caused by the electorate's excessive expectations. This article argues that these accounts overlooked another phenomenon besieging UK governance during this period. This phenomenon was freeloading: the withering of government capacity deriving from the ability of actors to enjoy the benefits of citizenship without altogether contributing to the cost. In the interim, these problems have become endemic, not least because of the unspoken but discernible policy …


The Progressives: Racism And Public Law, Herbert J. Hovenkamp Nov 2017

The Progressives: Racism And Public Law, Herbert J. Hovenkamp

All Faculty Scholarship

American Progressivism inaugurated the beginning of the end of American scientific racism. Its critics have been vocal, however. Progressives have been charged with promotion of eugenics, and thus with mainstreaming practices such as compulsory housing segregation, sterilization of those deemed unfit, and exclusion of immigrants on racial grounds. But if the Progressives were such racists, why is it that since the 1930s Afro-Americans and other people of color have consistently supported self-proclaimed progressive political candidates, and typically by very wide margins?

When examining the Progressives on race, it is critical to distinguish the views that they inherited from those that …


The Geopolitics Of Rare Earth Elements: Emerging Challenge For U.S. National Security And Economics, Bert Chapman Nov 2017

The Geopolitics Of Rare Earth Elements: Emerging Challenge For U.S. National Security And Economics, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Rare earth elements (REE) contain unique chemical and physical properties such as lanthanum, are found in small concentrations, need extensive precise processes to separate, and are critical components of modern technologies such as laser guidance systems, personal electronics such as IPhones, satellites, and military weapons systems as varied as Virginia-class fast attack submarines, DDG- 51 Aegis destroyers, the F-35 Joint Strike Fighter, and precision guided munitions. The U.S. has some rare earth resources, but is heavily dependent on access to them from countries as varied as Afghanistan, Bolivia, and China. Losing access to these resources would have significant adverse economic, …


The Paradigm Sways: Macroeconomics Turns To History (Reviewing Three Titles), David A. Westbrook Sep 2017

The Paradigm Sways: Macroeconomics Turns To History (Reviewing Three Titles), David A. Westbrook

Book Reviews

Reviewing Markus K. Brunnermeier, Harold James & Jean-Pierre landau, The Euro and the Battle of ideas (2016); Martin Wolf, The Shifts and the Shocks: What We've Learned—And Still Have to Learn—From the Financial Crisis (2014); and Mervyn King, The End of Alchemy: Money, Banking, and the Future of the Global Economy (2016).


A House Of Cards: Free Banking In Antebellum Chicago, Miles J. Holtzman Jul 2017

A House Of Cards: Free Banking In Antebellum Chicago, Miles J. Holtzman

Business and Economics Summer Fellows

The Chicago free banking market of the antebellum period has more than once aroused the interest of historians and economists alike. Implemented in the state of Illinois in 1851, free banking was a common, though not universal occurrence in the United States at the time. The city of Chicago’s experience with free banking was anything but common, however. Within the first 18 months after the Illinois legislature enacted the Illinois Free Banking Law, 9 free banks had begun operation in Chicago and between them had an aggregate note issue of over $800,000. But by 1860, Chicago was home to but …


Sustainability At Saint John’S*, Michael Hemesath Jul 2017

Sustainability At Saint John’S*, Michael Hemesath

Administration Publications

No abstract provided.


Un Nouveau Miracle Économique Ivoirien?, Vincent Hiribarren, Abou B. Bamba Jul 2017

Un Nouveau Miracle Économique Ivoirien?, Vincent Hiribarren, Abou B. Bamba

History Faculty Publications

Questions à Abou Bamba, associate professor d’Histoire et d’Etudes Africaines à Gettysburg College (Etats-Unis). Il est l’auteur de African Miracle, African Mirage: Transnational Politics and the Paradox of Modernization in Ivory Coast (Ohio University Press, 2016).


Eartha M. M. White Collection Container List, Thomas G. Carpenter Library Special Collections And University Archives Jun 2017

Eartha M. M. White Collection Container List, Thomas G. Carpenter Library Special Collections And University Archives

Finding Aids and Container Lists

Personal correspondence, documents, notes, memorabilia, printed materials and photographs. Notable materials include numerous photographs chronicling twentieth century black history in Jacksonville and historical photographs of urban Jacksonville. Included in the collection are the photographs of R. Lee Thomas, a black photographer active in the early twentieth century in the southern United States. Thomas' work covers primarily southern black religious and labor groups, circa 1946-49.


The Price Revolution In The Ottoman Context: Economic Upheaval In The Sixteenth Century, Dylan Lawrence Russell Jun 2017

The Price Revolution In The Ottoman Context: Economic Upheaval In The Sixteenth Century, Dylan Lawrence Russell

Middle Eastern Communities and Migrations Student Research Paper Series

The inflationary pressures of the Price Revolution had an impact on Ottoman agricultural organization, state finances, industry, and the growth of corruption. This analysis will examine the causes, effects, and scope of inflation in the sixteenth century. Inflation alone did not cause these drastic changes, as other very significant developments also contributed to the turbulent economic environment. However inflation did, in fact, influence many basic transformations, including shifts in wealth, power, and the enrichment of specific social classes at the expense of others.


Caught In The Headlights: Revising The Road Kill Hypothesis Of Antebellum Illinois Bank Failures, Scott N. Clayman, Scott Deacle, Andrew J. Economopoulos May 2017

Caught In The Headlights: Revising The Road Kill Hypothesis Of Antebellum Illinois Bank Failures, Scott N. Clayman, Scott Deacle, Andrew J. Economopoulos

Business and Economics Faculty Publications

Illinois had a dismal free banking experience, with over 80% of its free banks failing by the start of the Civil War. Researchers agree that a dramatic change in bond prices was the catalyst, and some have shown that the riskiest banks, ex ante, were the most likely to fail. This study examines how Illinois free banks adjusted their portfolios in the face of increased political and financial risks prior to Abraham Lincoln’s election as president. Lincoln’s nomination in May 1860 and the Democratic Party schism in June 1860 raised the likelihood of secession and the potential for a significant …


Interview Of Richard Mshomba, Ph.D., Richard Mshomba Ph.D., Daniel Miller Apr 2017

Interview Of Richard Mshomba, Ph.D., Richard Mshomba Ph.D., Daniel Miller

All Oral Histories

Dr. Richard Mshomba is an economics professor at La Salle University. He was born in Tanzania and spent his early adult life working for the Tanzanian government. When he was 27 he came to the United States to attend school at La Salle College. While attending La Salle he lived with the brother of a local Bishop who helped to get Richard accepted to La Salle. Richard spent three years at La Salle College earning his degree in Economics. After talking with his professor Richard Garrison, he decided to apply to graduate school at the University of Delaware. While he …


Le Messager: A Franco-American Newspaper And Its Impact, Mitchel ("Mitch") John Roberge Jan 2017

Le Messager: A Franco-American Newspaper And Its Impact, Mitchel ("Mitch") John Roberge

Franco-American Centre Franco-Américain Undergraduate Scholarship

I grew up in Lewiston as a Franco-American on both sides of my family. My heritage has always been a fascination of mine. Anyone who studies Franco-Americans can’t help but notice that there is a striking sense of what it means to be a part of the big-C Community. Franco Americans are good Catholics, their work ethic is unmatched, families are generally on the large side, and they generally vote Democrat (this is changing a bit, but historically is the case). This social order is well known to those in the community. The idea that Francos have a strongly bonded …