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Articles 1 - 9 of 9
Full-Text Articles in Economic History
Horses And The Transition From Feudalism To Capitalism., Thomas E. Lambert
Horses And The Transition From Feudalism To Capitalism., Thomas E. Lambert
Faculty and Staff Scholarship
Many scholarly articles and books have been written about the transition from feudalism to capitalism over the decades. The various points of views on what is the “main driver” or “prime mover” of the transition have been debated in various forums by historians and economic historians with a different major factor being advocated by different proponents or schools of thought. This paper tries to offer another analysis of how the horse could have been an important “means to an end” in the development of capitalism, and this analysis possibly can lead to support for more than one view of what …
Horses, Serfs, Slaves, And Transitions Debates., Thomas E. Lambert
Horses, Serfs, Slaves, And Transitions Debates., Thomas E. Lambert
Faculty and Staff Scholarship
This research note/paper examines several factors that have been mentioned and debated as determinants of how Britain moves from feudalism to mercantilism and then to capitalism by way of agricultural and industrial innovations and also how it arrives at the cusp of the industrial revolution. Of special interest are somewhat recent conjectures of macroeconomic data, investment estimates, and data on horses, serfs, and slaves of previous centuries that perhaps can better contribute to and add some clarification to the debates over the transition from feudalism to capitalism and the transition from an early form a capitalism or mercantilism to the …
Richard Iii, The Tudor Myth, And The Transition From Feudalism To Capitalism, Thomas E. Lambert
Richard Iii, The Tudor Myth, And The Transition From Feudalism To Capitalism, Thomas E. Lambert
Faculty and Staff Scholarship
Over the last 10 years or so there has been a resurgence of interest in the English king Richard III, especially after his remains are found in 2012 after being lost or missing for centuries. Prior to this, there are many publications, reports, and documentaries alluding to a “smear” campaign being conducted against the king by either the Tudor monarchs who succeeded him and/or by their confederates and surrogates. It is alleged that this is done in order to promote and make the Tudor dynasty of the 16th Century (Henry VII, Henry VIII, Mary I, and Elizabeth I) appear …
Bankers As Immoral? Some Parallels And Differences Between Aquinas’S Views On Usury And Marxian Views Of Banking And Credit, Thomas E. Lambert
Bankers As Immoral? Some Parallels And Differences Between Aquinas’S Views On Usury And Marxian Views Of Banking And Credit, Thomas E. Lambert
Faculty and Staff Scholarship
Since ancient times the practices and ethics of bankers and banking in general have undergone a great deal of criticism. While lending is motivated by profit, and while households are not explicitly coerced into borrowing money, the justice of a system which exploits workers and at the same time encourages them to borrow money in order to maintain a certain standard of living can be viewed as sometimes unfair and perhaps immoral. The value of goods, according to St. Thomas Aquinas and Karl Marx, should mostly reflect the value of labor embodied in them, and for that reason, labor should …
Conjectures Of English And Uk Economic Surplus, Investment, Tax Revenues And Deficit Amounts From The 13th To The 19th Century, Thomas E. Lambert
Conjectures Of English And Uk Economic Surplus, Investment, Tax Revenues And Deficit Amounts From The 13th To The 19th Century, Thomas E. Lambert
Faculty and Staff Scholarship
This paper attempts to estimate trends in the levels of economic surplus, public and private investment, and national government surpluses and deficits from accumulated capital income, taxation, and rents estimated by different economic historians for England and the UK. The data support historical accounts that income per capita growth begins to increase around the 1600s in Britain perhaps due to the level of capital, tax, and land income achieving an adequate threshold amount. According to some historians, this would also be about the time of capitalism’s ascent as the dominant economic system in England. Even then, dramatic increases in investment …
The Baran Ratio, Investment, And British Economic Growth And Development, Thomas E. Lambert
The Baran Ratio, Investment, And British Economic Growth And Development, Thomas E. Lambert
Faculty and Staff Scholarship
Investment in capital, new technology, and agricultural techniques has not been considered an endeavor worthwhile in a medieval economy because of a lack of strong property rights and no incentive on the part of lords and barons to lend money to or grant rights to peasant farmers. Therefore, the medieval economy and standards of living at that time often have been characterized as non-dynamic and static due to insufficient investment in innovative techniques and technology. Paul Baran’s concept of the economic surplus is applied to investment patterns during the late medieval, mercantile, and early capitalist stages of economic growth in …
Byzantine Empire Economic Growth: Did Climate Change Play A Role?, Thomas E. Lambert
Byzantine Empire Economic Growth: Did Climate Change Play A Role?, Thomas E. Lambert
Faculty and Staff Scholarship
Different chroniclers of the history of the Byzantine Empire have noted various economic data gleamed from historical documents and accounts of the empire at different periods of time. Research for this paper has not uncovered any estimates of long term, annual macroeconomic data (gross domestic product (GDP), national income (NI), etc.) for the empire during its existence. Such data has been estimated to one extent or another for other nations and societies that have existed during the middle ages. This paper attempts to provide conjectures on approximate real GDP per capita trends for the empire over its existence from AD …
Crop Yield And Democracy, James B. Ang, Per G. Fredriksson, Satyendra Kumar Gupta
Crop Yield And Democracy, James B. Ang, Per G. Fredriksson, Satyendra Kumar Gupta
Faculty and Staff Scholarship
How does the historical legacy of agriculture affect democratic traditions in contemporary societies? This paper provides empirical evidence that inherent crop yield and democracy exhibit an inverted U-shaped relationship. This finding is supported by cross-country data from up to 147 countries, 186 pre-colonial societies, and the U.S. states. The relationship thus exhibits a highly persistent pattern. Crop yield is measured by kilocalories per hectare per year under rain-fed conditions, which has the advantage of being highly exogenous. The hump-shaped relationship holds up to a battery of robustness tests.
Review Of Magazines And The Making Of America: Modernization, Community, And Print Culture, 1741-1860. By Heather Haveman, Mark A. Mattes
Review Of Magazines And The Making Of America: Modernization, Community, And Print Culture, 1741-1860. By Heather Haveman, Mark A. Mattes
Faculty and Staff Scholarship
Haveman’s work explores the changing ways that American magazine publishing and distribution helped create and shape local communities and, increasingly during the nineteenth century, the trans-local communities that are a hallmark of modern life. Her narration and synthesis of data and scholarship on the evolving genres, contents, infrastructures, and institutional workings of American magazines in chapters two through four alone make her work an important source on magazine production and distribution. Subsequent chapters provide a series of case studies on how magazines engendered communities around religion, social reform, and economic development. Following her conclusion, Haveman provides rich, detailed appendices on …