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2013

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Articles 1 - 30 of 49

Full-Text Articles in Economic History

Germs, Pigs And Silver: King Philip's War And The Deconstruction Of The Middle Ground In New England, Benjamin M. Roine Dec 2013

Germs, Pigs And Silver: King Philip's War And The Deconstruction Of The Middle Ground In New England, Benjamin M. Roine

Graduate Masters Theses

Early in the seventeenth century Algonquians peoples of southern New England and English colonists built a middle ground which benefitted both groups. Trade, the existence of competition from Dutch and French colonies and powerful Algonquian tribes maintained this middle ground. However, as trade items, such as beaver pelts and wampum became rare or lost value and continued English immigration to New England weakened Dutch claims to the area, the middle ground began to crumble. As English-style farms and livestock changed the ecology of New England and the colonists sought to assert their will, Algonquians lost the ability to live as …

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Working Paper No. 32, Canada And The United States: A Comparison Of Their Philosophical Bases, Lorraine M. Hutton Dec 2013

Working Paper No. 32, Canada And The United States: A Comparison Of Their Philosophical Bases, Lorraine M. Hutton

Working Papers in Economics

Americans and Canadians seem similar in many ways; however, their dissimilar historical experiences have shaped very different attitudes and philosophies that underpin their institutions. Canadians promote equality and collective responsibility under a restrained, parliamentary state, whilst the Americans stress self-reliance, individualism and freedom. Canadians embraced the hierarchical structure of the British and French Empires and Americans revolted against all ties to it. What appear to be minor distinctions between the two countries and cultures are actually fundamental philosophies rooted in the past.

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Export Controls: A Contemporary History, Bert Chapman Dec 2013

Export Controls: A Contemporary History, Bert Chapman

Libraries Faculty and Staff Presentations

Provides highlights of my recently published book Export Controls: A Contemporary History. Describes the roles played by multiple U.S. Government agencies and congressional oversight committees in this policymaking arena including the Commerce, Defense, State, and Treasury Departments. It also reviews the roles played by international government organizations such as the Missile Technology Control Regime, export oriented businesses, and research intensive universities.

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The (Far) Backstory Of The U.S.-Colombia Free Trade Agreement, Stephen Meardon Oct 2013

The (Far) Backstory Of The U.S.-Colombia Free Trade Agreement, Stephen Meardon

Economics Department Working Paper Series

In two pairs of episodes, first in 1824 and 1846 and then in 1892 and 1935, similar U.S.-Colombia trade agreements or their enabling laws were embraced first by protectionists and then by free traders. The history of the episodes supports the view that although political institutions exist to curb de facto political power, such power may be wielded to undo the institutions’ intended effects. The doctrinal affinities and interests of political actors are more decisive determinants of the free-trade or protectionist orientation of trade agreements than the agreements’ texts or legal superstructures. The long delay from signing to passage of …

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Coase, Herbert J. Hovenkamp Oct 2013

Coase, Herbert J. Hovenkamp

All Faculty Scholarship

This brief essay considers the career, contributions, and influence of Ronald Coase, who passed away in September, 2013. Comments are welcome.

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On Kindleberger And Hegemony: From Berlin To M.I.T. And Back, Stephen Meardon Sep 2013

On Kindleberger And Hegemony: From Berlin To M.I.T. And Back, Stephen Meardon

Economics Department Working Paper Series

The most notable idea of Charles P. Kindleberger’s later career is the value of a single country acting as stabilizer of an international economy prone to instability. It runs through his widely read books, The World in Depression, 1929-1939 (1973), Manias, Crises, and Panics (1978), A Financial History of Western Europe (1984), and kindred works. “Hegemonic stability,” the idea is called in the literature it inspired. This essay traces Kindleberger’s attachment to the idea back to his tenure as chief of the State Department’s Division of German and Austrian Economic Affairs from 1945 to 1947 and adviser to the …

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¿Hasta Cuándo Las Ofensas?, Guillermo Arosemena Sep 2013

¿Hasta Cuándo Las Ofensas?, Guillermo Arosemena

Guillermo Arosemena

No abstract provided.

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Un Repaso. Desde La Mano Invisible A La Resurrección De Keynes, Francisco Carlos Ruiz Diaz Sep 2013

Un Repaso. Desde La Mano Invisible A La Resurrección De Keynes, Francisco Carlos Ruiz Diaz

Francisco Carlos Ruiz Diaz

La revolución industrial capitalista y la consolidación de la economía liberal, cambiaron el curso de la historia. Hoy por hoy, el desarrollo de la tecnología y la capacidad de la economía para interpretar estos avances han desplazado a la filosofía como fuente de transformación y cambio del sistema mundial. En las relaciones internacionales, por ejemplo, las doctrinas westfalianas de seguridad y soberanía han sido debilitadas por la globalización y la nterdependencia económica. En el campo social, los problemas de la pobreza, de la distribución de ingreso y de la falta de acceso a las oportunidades, son comprensibles a la luz …

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Especialización Industrial Y Crecimiento Urbano En México, Isaac L. Sánchez-Juárez, Rosa M. García-Almada Sep 2013

Especialización Industrial Y Crecimiento Urbano En México, Isaac L. Sánchez-Juárez, Rosa M. García-Almada

Isaac Sánchez-Juárez

La temática abordada es la especialización industrial y el crecimiento urbano en México. Hacemos uso del análisis econométrico retrospectivo, esperando que el estudio del pasado ayude a entender lo que ocurre en el presente. Consideramos que la investigación que ponemos en sus manos puede ser de utilidad para aquellos investigadores ocupados en entender la reestructuración productiva del territorio mexicano, particularmente a partir de la operación del TLCAN.

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Alza, Caída Y Resurgimiento De La Economía Japonesa-Lecciones, Guillermo Arosemena Jul 2013

Alza, Caída Y Resurgimiento De La Economía Japonesa-Lecciones, Guillermo Arosemena

Guillermo Arosemena

No abstract provided.

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The Internal Impact Of A Customs Union; Baden And The Zollverein, Florian Ploeckl Jul 2013

The Internal Impact Of A Customs Union; Baden And The Zollverein, Florian Ploeckl

Florian Ploeckl

Tariffs can affect the growth of states. But how do they affect regional growth within states? Using Baden's 1836 entry into the Zollverein, the customs union of German states, I investigate the internal impact of a change in tariffs. With a new data set of regional employment data I demonstrate that the Zollverein had a substantial positive effect. Two market access effects are shown, one follows the standard market access predictions and the second triggers the direct investment by Swiss entrepreneurs in German regions close to their home base. Furthermore occupational change within the crafts sector was shifting labour towards …

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A Theory Without A Movement, A Hope Without A Name: The Future Of Marxism In A Post-Marxist World, Justin Schwartz Jun 2013

A Theory Without A Movement, A Hope Without A Name: The Future Of Marxism In A Post-Marxist World, Justin Schwartz

Justin Schwartz

Just as Marx's insights into capitalism have been most strikingly vindicated by the rise of neoliberalism and the near-collapse of the world economy, Marxism as social movement has become bereft of support. Is there any point in people who find Marx's analysis useful in clinging to the term "Marxism" - which Marx himself rejected -- at time when self-identified Marxist organizations and societies have collapsed or renounced the identification, and Marxism own working class constituency rejects the term? I set aside bad reasons to give on "Marxism," such as that the theory is purportedly refuted, that its adoption leads necessarily …

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Capitalism In Ancient Rome And Ancient Greece: Risk And Unethical Business, Sam Goldman Jun 2013

Capitalism In Ancient Rome And Ancient Greece: Risk And Unethical Business, Sam Goldman

Honors Theses

This thesis compares the business practices of the upper classes of ancient Greece, and ancient Rome. Specifically, I dissect the business decisions that were made with an effort to increase social status. I will focus on the relationship between the social perception of material wealth and the risk or (unethical business practices) that ancient members of the upper classes faced when they attempted to increase their material wealth. In my first chapter I look at the issuance of maritime loans and the risk associated with this type of finance. I discuss the origin of the business, some of the factors …

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Automobiles Autarky And Authority: The Effects Of Nazi Centralized Economic Planning 1932-1942, Andrew Stinchfield Jun 2013

Automobiles Autarky And Authority: The Effects Of Nazi Centralized Economic Planning 1932-1942, Andrew Stinchfield

Honors Theses

This thesis examines the benefits and drawbacks of Nazi centralized economic planning. From an entirely political and economical standpoint, Hitler and the National Socialists’ highly regulated and restrictive policies were initially beneficial for Germany because they created a centralized economic vision and improved national morale. The liberal ideology of the Weimar Republic resulted in major class divisions within the nation, where laissez-faire economics left middle-citizens marginalized and at the mercy of profit-seeking big businesses. The Wall Street Crash of 1929 exposed the weaknesses of liberalism and resulted in a massive rise in political resentment. The regime accumulated power because their …

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How To Maximize The Profit For Bidder And Seller In A Sealed-Bid Second-Price Auction, Wei Yu Jun 2013

How To Maximize The Profit For Bidder And Seller In A Sealed-Bid Second-Price Auction, Wei Yu

Honors Theses

With a history of more than 2500 years, auctions have long been used to negotiate the exchange of goods and commodities. In an auction, bidders compete with rivals by submitting bids depending on their personal evaluations of the goods. The good is allocated to the bidder who offers the highest bid. There are many different types of auctions, but four major ones are primarily concerned by economists and researchers--the English auction, the Dutch auction, the sealed-bid first-price auction and the sealed-bid second-price auction. My thesis mainly focuses on the characteristics of the sealed-bid second-price auction, with both continuous and discrete …

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Paul M. Warburg: Founder Of The United States Federal Reserve, Richard A. Naclerio May 2013

Paul M. Warburg: Founder Of The United States Federal Reserve, Richard A. Naclerio

History Faculty Publications

The name Paul Moritz Warburg is synonymous with the founding of the Federal Reserve System. Over the years preceding the formation of the Federal Reserve, Warburg wrote many essays and gave many public addresses on banking reform. His reform ideas were modeled on the central banking systems of many European counties he dealt with through the family business M.M. Warburg.

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Economic Growth And Recovery In The United States, 1919-1941, Alexander J. Field May 2013

Economic Growth And Recovery In The United States, 1919-1941, Alexander J. Field

Economics

The first part of this chapter provides an overview of what lay behind record productivity growth in the US economy between 1929 and 1941. The second part considers the role of rigidities and other negative supply conditions in worsening the downturn and slowing recovery. While arguing consistently that the overarching explanation of the Great Depression will and should continue to emphasise a collapse and slow revival in the growth of aggregate demand, the chapter spends relatively little time on what drives this. The emphasis of the chapter is on aggregate supply—both the broad array of positive shocks that propelled potential …

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Colorado River Compact (1922), Bert Chapman May 2013

Colorado River Compact (1922), Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Provides an overview of the 1922 Colorado River Compact seeking to fairly distribute Colorado River water to Arizona, California, Colorado, Nevada, New Mexico, Utah, and Wyoming and their increasing populations.

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The Economic Theory Of Deregulation, Samuel D. Gass May 2013

The Economic Theory Of Deregulation, Samuel D. Gass

Honors Capstone Projects - All

One of the consequences of the financial crisis of 2008 was a renewed focus on the issue of deregulation. The broadly recognized connection between the greatest economic downturn since the Great Depression and the systematic deregulation of our financial markets dating back over three decades reinvigorated the economic and political debate around the appropriate balance between market freedom and government regulation. This paper explores this theme historically, analyzing several economic markets that were highly regulated prior to the late 20th century. Through this analysis it establishes a foundational framework for the study of the widespread deregulation of the late …

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Agriculture, U.S. Department Of, Bert Chapman May 2013

Agriculture, U.S. Department Of, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Provides a succinct organizational history of the U.S. Department of Agriculture (USDA) and its impact on the American West.

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Defense, U.S. Department Of, Bert Chapman May 2013

Defense, U.S. Department Of, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Provides an overview of U.S. Department of Defense activities in the western U.S. including the military's increasing emphasis on Asia-Pacific strategic trends and developments.

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Hydroelectric Power, Bert Chapman May 2013

Hydroelectric Power, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Provides a historical overview and contemporary analysis of the advantages and disadvantages of federal government support for hydroelectric power in the American West.

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Land Management, U.S. Bureau Of, Bert Chapman May 2013

Land Management, U.S. Bureau Of, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Provides a historical overview and current assessment of the role played by the Interior Department's Bureau of Land Management in its ownership of federal lands in western states and its efforts to balance economic development of natural resources and conservation of these resources on these lands.

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Subsidies, Agricultural, Bert Chapman May 2013

Subsidies, Agricultural, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Provides historical and contemporary information on U.S. Government agricultural subsidies and how they affect agricultural policy in the Western U.S.

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Oil Industry, Bert Chapman May 2013

Oil Industry, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Provides an overview of the historical and contemporary development of the American oil industry and how it has impacted U.S. natural resources policies in the American west.

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American Debtors' Prison: The Rise Of The New York Citizen As A Commercial Participant During The Early American Republic, 1800-1836, Ryan M. Braeger May 2013

American Debtors' Prison: The Rise Of The New York Citizen As A Commercial Participant During The Early American Republic, 1800-1836, Ryan M. Braeger

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The following research explores the development of financial culture in the early American republic through the examination of New York's use of debtors' prisons. Beginning with the construction of the historical context surrounding the passage and abolition of the National Bankruptcy Act of 1800, the project takes use of a series of archival sources that exemplify the character of credit in early American economic practices. The emergence of republican financial culture was often at odds with federal judicial and legislative action, the result of which was the creation of state policy and third party organizations dedicated to solving the plight …

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Glorious Revolution As Financial Revolution, John David Angle Apr 2013

Glorious Revolution As Financial Revolution, John David Angle

History Faculty Publications

Conventionally appreciated as simply a religious and political event, this paper presents a re-appraisal of the Glorious Revolution based on the economic and commercial motivations. Scholarship has long accepted the narrative that the revolution was prompted by religious concerns, however this fails to fully examine the economic conditions of the time and the interests of the so-called "Immortal Seven." The paper then examines the financial reforms wrought by William III, including the establishment of the Bank of England, creation of a national debt, and resolution of the Currency Crisis. Ultimately this paper places the Glorious Revolution into its proper economic …

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The Politics Of Household Budget Research In Colonial Central Africa, Robert Ross Apr 2013

The Politics Of Household Budget Research In Colonial Central Africa, Robert Ross

Zambia Social Science Journal

This paper investigates the various academic studies of the household budgets of Africans living in what became the countries of Zimbabwe, Zambia, and Malawi, and the Congolese province of Katanga. These studies were made during the colonial period, by members of the Rhodes- Livingstone Institute, the Central Statistical Office of the Federation of Rhodesia and Nyasaland, in what was then Salisbury, and by Belgian researchers in the Congo. It demonstrates how what at first sight appears to be a neutral form of investigation was in fact highly politicised. On the one hand, there were many who showed how African incomes …

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[Sabbatical Report], Alex Lebedinsky Apr 2013

[Sabbatical Report], Alex Lebedinsky

Sabbatical Reports

During the sabbatical leave I collaborated with Dr. Ferhan Atici of the Mathematics department on a new theory of mathematical modeling called Time Scale Calculus (TSC). Dr. Atici and I are also working on another article (titled) "Cagan-type rational expectation model on complex discrete time domains."

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Colonial Trajectory As A Determinant Of Economic Development In Cuba And Puerto Rico: A Comparison, Carleigh Haron Apr 2013

Colonial Trajectory As A Determinant Of Economic Development In Cuba And Puerto Rico: A Comparison, Carleigh Haron

Senior Theses and Projects

As an effect of globalization, the disparity between the richer and poorer nations grows increasingly larger. Colonialism marginalized many poorer, “developing” nations, two of which are Cuba and Puerto Rico. In economic development scholarship on former colonial nations, Cuba and Puerto Rico are rarely focused on as a central point of comparison. I believe that these two islands prove to be particularly interesting to compare due to their distinct colonial trajectories, which are unique within the realm of all former Spanish colonies in the Americas and from each other. I believe the distinctive character of their colonial development translates into …

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