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Articles 1 - 23 of 23
Full-Text Articles in Economic History
Monetary Darwinism: The Political Economy Of Monetary Relations, Giulio M. Gallarotti
Monetary Darwinism: The Political Economy Of Monetary Relations, Giulio M. Gallarotti
Giulio M Gallarotti
No abstract provided.
Review Of "Rethinking Asia’S Economic Miracle: The Political Economy Of War, Prosperity And Crisis", Su-Mei Ooi
Review Of "Rethinking Asia’S Economic Miracle: The Political Economy Of War, Prosperity And Crisis", Su-Mei Ooi
Scholarship and Professional Work - LAS
The article reviews the book Rethinking Asia’s Economic Miracle: The Political Economy of War, Prosperity and Crisis by Richard Stubbs.
Distress During The Great Depression: The Illiquidity-Insolvency Debate Revisited, Gary Richardson
Distress During The Great Depression: The Illiquidity-Insolvency Debate Revisited, Gary Richardson
Gary Richardson
During the contraction from 1929 to 1933, the Federal Reserve System tracked changes in the status of all banks operating in the United States and determined the cause of each bank suspension. This essay analyzes chronological patterns in aggregate series constructed from that data. The analysis demonstrates both illiquidity and insolvency were substantial sources of bank distress. Periods of heightened distress were correlated with periods of increased illiquidity. Contagion via correspondent networks and bank runs propagated the initial banking panics. As the depression deepened and asset values declined, insolvency loomed as the principal threat to depository institutions.
Os Países Latino Americanos E A Convenção Açucareira De Bruxelas De 1902, Heitor Moura Filho
Os Países Latino Americanos E A Convenção Açucareira De Bruxelas De 1902, Heitor Moura Filho
Heitor Moura Filho
The effects of the Brussels Sugar Convention of 1902 on various Latin American countries are analysed: domestic production, exports, imports and prices.
From Tranquility To Secession And Other Historical Sequences: A Theoretical Exposition, Paul Hallwood
From Tranquility To Secession And Other Historical Sequences: A Theoretical Exposition, Paul Hallwood
Economics Working Papers
A model is developed explaining many common historical sequences: inter alia, the rise and fall of empires, expansion or contraction in the geographic size of nations, wars of secession, non-contested secessions, and growth of supra-national unions. The basic unit of analysis is a transaction in international (or national) law that verifies and legitimizes transformations from one organizational entity to another. Decision-makers for national, or super-national entities as well as those at sub-levels are assumed to be welfare maximizers under cost constraints. Potential secessionists face dispute costs, and decision-makers for the higher-level entity incur persuasion costs. Both costs may include military …
Deposit Insurance And Moral Hazard: Capital, Risk, Malfeasance, And Mismanagement. A Comment On ‘Deposit Insurance And Moral Hazard: Evidence From Texas Banking During The 1920s, Gary Richardson
Gary Richardson
A Journal of Economic History article by Linda Hooks and Kenneth Robinson, “Deposit Insurance and Moral Hazard: Evidence from Texas Banking During the 1920s,” contains a contradiction (Hooks and Robinson 2002). Pondering the contradiction in the paper reveals insights that the authors may have overlooked. Hooks and Robinson’s article examines the experience of the banking industry in Texas during the 1920s. Texas operated a deposit-insurance system from January 1, 1910 until February 11, 1927. Deposit insurance was mandatory for all state banks, which were given the choice of two plans in which to participate. The preponderance participated in the depositors …
Check Is In The Mail: Correspondent Clearing And The Banking Panics Of The Great Depression, Gary Richardson
Check Is In The Mail: Correspondent Clearing And The Banking Panics Of The Great Depression, Gary Richardson
Gary Richardson
Weaknesses within the check-clearing system played a hitherto unrecognized role in the banking crises of the Great Depression. Correspondent check-clearing networks were vulnerable to counter-party cascades. Accounting conventions that overstated reserves available to corresponding institutions may have exacerbated the situation. The initial banking panic began when a correspondent network centered in Nashville collapsed, forcing over 100 institutions to suspend operations. As the contraction continued, additional correspondent systems imploded. The vulnerability of correspondent networks is one reason that banks that cleared via correspondents failed at higher rates than other institutions during the Great Depression.
Contracting For Force: The Effects Of Transaction Costs On Mercenary Employment By The Italian City States Of The 13th To 15th Centuries, Jack Anderson
All Theses
ABSTRACT The market for force in Italy through the 13th to 15th century is examined, through the medium of contracts between city states and mercenary soldiers. The historical era is divided into three distinct periods; each period is characterized by a typical contract type. Based on historical descriptions of these periods, it appears that the transaction costs associated with hiring private force providers varied significantly from period to period and regression analysis is performed in an attempt to determine the relationship between these costs and the number of private soldiers employed by the city states of Milan, Venice, and Florence …
Integracion Profunda En El Mercosur. Un Analisis En La Perspectiva De Paraguay, Francisco Carlos Ruiz Diaz
Integracion Profunda En El Mercosur. Un Analisis En La Perspectiva De Paraguay, Francisco Carlos Ruiz Diaz
Francisco Carlos Ruiz Diaz
No abstract provided.
[Introduction To] The Wealth Of Nations, Adam Smith, Jonathan B. Wight
[Introduction To] The Wealth Of Nations, Adam Smith, Jonathan B. Wight
Bookshelf
The Wealth of Nations is a treasured classic of political economy. First published in March of 1776, Adam Smith wrote the book to influence a special audience - the British Parliament - and its arguments in the early spring of that year pressed for peace and cooperation with Britain's colonies rather than war.
Smith's message was that economic exploitation, through the monopoly trade of empire, stifled wealth-creation in both home and foreign lands. Moreover, protectionism preserved the status quo, and privileged a few elites at the expense of long run growth.
Smith wrote, "It is the industry which is carried …
Introduction To Research Methodologies, Professor Issam A.W. Mohamed
Introduction To Research Methodologies, Professor Issam A.W. Mohamed
Professor Issam A.W. Mohamed
In this book, I introduce basics of research methodologies in Arabic language which I believe is an unprecedented step. The conceptions, research frameworks, sampling and some detailed methods are given in this text book. Moreover, some analytical statistical methods are introduced to give insights to researchers. Methods of writing the scientific reports and papers in addition to documentation of references and classifying the required logical process of a thesis are detailed in this text. I introduce this book that was published by the Africa International University in Khartoum, Sudan for the purpose of helping sub and post graduate university students …
High Noon On The Western Range: A Property Rights Analysis Of The Johnson County War, Doug Wills, Randy Mcferrin
High Noon On The Western Range: A Property Rights Analysis Of The Johnson County War, Doug Wills, Randy Mcferrin
Business Publications
Wyoming's Johnson County War of 1892 is the historical basis of later popular depictions of the West as violent, and it influenced the development of Wyoming. Many see this era as the end of the open range system and the ascendancy of stock ranching and farming. Popular depiction argues that the event was an act of vigilantism of large foreign-owned firms against small individual settlers. We argue that the war was a conflict of property rights systems and use a model developed by Alston, Libecap, and Mueller to explain why violence broke out in Johnson County in 1892.
El Staff Presidencial En México. Del Secretario Particular A Las Oficinas De La Presidencia, J. R. Joel Flores-Mariscal
El Staff Presidencial En México. Del Secretario Particular A Las Oficinas De La Presidencia, J. R. Joel Flores-Mariscal
J. R. Joel Flores-Mariscal
No abstract provided.
The Geography Of Innovation Commercialization In The United States During The 1990s, Joshua L. Rosenbloom
The Geography Of Innovation Commercialization In The United States During The 1990s, Joshua L. Rosenbloom
Joshua L. Rosenbloom
This article analyzes the geographic distribution and interrelationship of three measures of innovation commercialization across the 50 largest metropolitan areas in the United States and estimates a model of the factors explaining variations in the location of innovation commercialization. Innovation commercialization tends to be highly concentrated geographically, suggesting the presence of substantial external economies in these functions. Beyond these scale effects, however, the author finds that university science and engineering capacity and local patenting activity both help to account for intercity differences in the level of innovation commercialization activity.
"Free" Religion And "Captive" Schools: Protestants, Catholics, And Education, 1945-1965, Sarah Barringer Gordon
"Free" Religion And "Captive" Schools: Protestants, Catholics, And Education, 1945-1965, Sarah Barringer Gordon
All Faculty Scholarship
No abstract provided.
A Maid In Servitude: Filipino Domestic Workers In The Middle East, Kathleen Nadeau
A Maid In Servitude: Filipino Domestic Workers In The Middle East, Kathleen Nadeau
Anthropology Faculty Publications
This paper presents Filipino economic history as a way to provide a brief background to the events that precipitated one Filipino woman’s migration to the Middle East. Her story is not rare but shares in common patterns with the stories of many other female contract workers, especially domestic workers. It chronicles government policies and business practices that profit from their remittances. It is being retold here so that the invisible world of female contract workers and, more often than not, the poor conditions under which they live and labour, might be better understood.
Individual Consumption Risk And The Welfare Cost Of Business Cycles, Massimiliano De Santis
Individual Consumption Risk And The Welfare Cost Of Business Cycles, Massimiliano De Santis
Massimiliano De Santis
No abstract provided.
Death And Taxes, Including Inflation: The Public Versus Economists, Jeffrey Rogers Hummel
Death And Taxes, Including Inflation: The Public Versus Economists, Jeffrey Rogers Hummel
Jeffrey Rogers Hummel
Inflation worries the general public much more than it does the economics profession, and economists remain perplexed as to exactly why. The costs that concern economists are inflation’s deadweight loss. But that is only a part of the losses that concern the public, because inflation simultaneously transfers some of people’s income into the hands of government. The fact that the seigniorage tax may pay for programs they favor is a separate issue. Moreover, unlike income and other taxes, which people in democratic countries may think they have some control over through voting, seigniorage appears utterly arbitrary. In fact, people can …
Death And Taxes, Including Inflation: The Public Versus Economists, Jeffrey Rogers Hummel
Death And Taxes, Including Inflation: The Public Versus Economists, Jeffrey Rogers Hummel
Faculty Publications
Inflation worries the general public much more than it does the economics profession, and economists remain perplexed as to exactly why. The costs that concern economists are inflation’s deadweight loss. But that is only a part of the losses that concern the public, because inflation simultaneously transfers some of people’s income into the hands of government. The fact that the seigniorage tax may pay for programs they favor is a separate issue. Moreover, unlike income and other taxes, which people in democratic countries may think they have some control over through voting, seigniorage appears utterly arbitrary. In fact, people can …
Adam Smith And Poverty, Jonathan B. Wight
Adam Smith And Poverty, Jonathan B. Wight
English Faculty Publications
Can we end poverty in America? Does economic theory offer a solution? Humility would be a good starting place, because systemic problems like generational poverty rarely stem from single causes. Putting the broken pieces together is difficult when some edges are sharp, some are shattered, and others missing. This essay draws on insights from Adam Smith in order to examine the problem of poverty. It focuses on a case study involving Serena Robins (the real names have been altered).
Collaboration For The Public Good: An Inquiry Into Federalism's Role In Economic Performance, James A. Cochran Ii
Collaboration For The Public Good: An Inquiry Into Federalism's Role In Economic Performance, James A. Cochran Ii
Seton Hall University Dissertations and Theses (ETDs)
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Using Short Movie And Television Clips In The Economics Principles Class, Robert L. Sexton
Using Short Movie And Television Clips In The Economics Principles Class, Robert L. Sexton
Robert L Sexton
The author describes a teaching method that uses powerful contemporary media, movie and television clips, to demonstrate the enormous breadth and depth of economic concepts. Many different movie and television clips can be used to show the power of economic analysis. The author describes the scenes and the economic concepts within those scenes for a number of movies.
Economics Of Plea Bargaining, Richard Adelstein
Economics Of Plea Bargaining, Richard Adelstein
Richard Adelstein
A short summary of earlier work for a sociological audience.