Economic History Commons^™

Subreption, Radical Institutionalism, And Evolutionary Economics, John B. Hall, Alexander Dunlap, Joe Mitchell-Nelson

Economics Faculty Publications and Presentations

This inquiry seeks to establish the importance of subreption as an approach to economic and social evolution that also proves integral to the tradition of radical institutionalism. We relate subreption’s etymology and appearances in Roman, Canon and Scots Law, as well as in Philosophy, to its applications found in writings advanced by Thorstein Veblen and carried on later as William Dugger details the rise of corporate hegemony. Understood as an approach derivable from selected philosophical writings of Immanuel Kant, in social science subreption is suggested to occur through the introduction of an outside value that sets off a form of …

Culture & Money In The Nineteenth Century: Abstracting Economics, Daniel Bivona, Marlene Tromp

Ohio University Press Open Access Books

Since the 1980s, scholars have made the case for examining nineteenth-century culture—particularly literary output—through the lens of economics. In Culture and Money in the Nineteenth Century: Abstracting Economics, two luminaries in the field of Victorian studies, Daniel Bivona and Marlene Tromp, have collected contributions from leading thinkers that push New Economic Criticism in new and exciting directions.

Spanning the Americas, India, England, and Scotland, this volume adopts an inclusive, global view of the cultural effects of economics and exchange. Contributors use the concept of abstraction to show how economic thought and concerns around money permeated all aspects of nineteenth-century culture, …

Employee Opportunism In Two Early Modern British Trading Companies, Robert Franklin Unger

History Theses & Dissertations

The English East India Company and the Hudson’s Bay Company were the most prominent of a score or more of seventeenth and eighteenth century joint stock European trading companies whose merchants conducted their trading activities around the globe. The extraordinary distances and length of time that separated the London directorate committees of both companies from their distant employees was perhaps their greatest managerial challenge. Neither company could directly supervise their employees at their remote trading concessions, whether it was India and the East Indies for the East India Company or sub-arctic North America for the Hudson’s Bay Company.

Because of …

Wealthy, But Unequal: The Anomaly Of Inequality In The United States, Joseph Puleo

Political Analysis

No abstract provided.

Transportation And Sanitation Drivers Of Land Use/Land Cover Change: Loss Of The Jamaica Bay Wetlands, Margaret Joy Cytryn

Theses and Dissertations

This thesis presents an analysis (1830-2014) of the historical events of land use/land cover change in the Jamaica Bay estuary, identification of the agents of change, and a perspective on the potential drivers of transportation and sanitation in land use/land cover change.

Review Of Developing Quantitative Literacy Skills In History And The Social Sciences: A Web-Based Common Core Approach By Kathleen W. Craver, Victor J. Ricchezza, H L. Vacher

Numeracy

Kathleen W. Craver. Developing Quantitative Literacy Skills in History and Social Sciences: A Web-Based Common Core Standards Approach (Lantham MD: Rowman & Littlefield Publishing Group, Inc., 2014). 191 pp.
ISBN 978-1-4758-1050-9 (cloth); ISBN …-1051-6 (pbk); ISBN…-1052-3 (electronic).

This book could be a breakthrough for teachers in the trenches who are interested in or need to know about quantitative literacy (QL). It is a resource providing 85 topical pieces, averaging 1.5 pages, in which a featured Web site is presented, described, and accompanied by 2-4 critical-thinking questions purposefully drawing on data from the Web site. The featured Web sites range from …

Working Paper No. 07, Evsey Domar And The Keynesian Tradition, Cesar Maldonado

Working Papers in Economics

This inquiry seeks to establish that Evsey Domar extends Keynes’s thinking and in this manner helps to establish a post-Keynesian tradition. First, I shall consider Keynes’s ideas concerning problems facing market capitalism as appears in his book, The General Theory of Employment, Interest, and Money. Then I shall continue with this inquiry and consider Domar’s insights into expansion and employment and his concerns regarding capital accumulation, as well as his confronting a theory posited by Keynes concerning investment and employment, raising the issue of whether Keynes’s understanding is accurate. The last part of this inquiry deals with Domar’s concerns …

Les Rues Des Tableaux. Géographie Du Marché De L'Art Parisien (1815-1955), Léa Saint-Raymond, Félicie De Maupeou, Julien Cavero

Artl@s Bulletin

Continuation of a first socioeconomic analysis of the "art dealers" in Paris between 1815 and 1955 (Artl@s Bulletin 2, no. 2), this paper presents the results of a spatial study of the Parisian art market at that time. Departing from serial geographical data given by a homogeneous source, the Bottin du commerce, we mapped a 140 years spatial evolution of the "art dealers", using a geocoding system with composite locators. The article exposes the spatial dynamics of this market and studies them in a multi-scalar way, making the connection between the global evolution of the Parisian economy and …

The Relevance Of Economic, Institutional And Cultural Determinants For Venture Capital Investments. A Us-Europe Comparison., Nadja Benes

Master's Theses

This study analyzes the determinants of early-stage VC investments by identifying characteristics in the economic, institutional, as well as cultural framework that could explain the diverging levels of early-stage VC investments across countries. Data was assembled for 16 countries during the period from 1995 until 2013. The results indicate that countries that are more open to trade are associated with higher levels in early-stage venture capital. A higher unemployment rate negatively affects a country’s level of early-stage VC funds. Higher R&D expenditures as a proxy for the technological and innovation capacity in a country as well as a higher value …

Planet Of The Celtic Tiger, Alexid Wai Kit Lam

Renée Crown University Honors Thesis Projects - All

Due to the vast developments in technology and information sharing, developing countries now have instant access to a library full of articles documenting the growth of various developed countries in the world. As these countries are searching for an economic model and hoping to replicate its result, they often come across Ireland’s economic success during the Celtic Tiger times. During this period, Ireland transformed from the “poorest of the rich” to “one of Europe’s shining lights.” Although Ireland's economic growth seems extremely appealing, how likely is it that another country could follow Ireland’s success by adopting its economic approach?

This …

Going Beyond The ‘New Normal’ In Indonesia, Mari Pangestu, Philip Charles Zerrillo

Asian Management Insights

The Republic of Indonesia’s former Minister of Trade and former Minister of Tourism and Creative Economy, Professor Mari Pangestu, talks about the country’s resilience, and going beyond the ‘new normal’, in this interview with Philip Zerrillo.

The Past And The Hopeful Future Of Vietnam’S Economy, Le Dang Doanh

Asian Management Insights

Reform and integration are key for tapping Vietnam’s economic potential.

Did Antebellum Illinois Free Banks Take Undue Risk With Their Bond Portfolios?: An Analysis Of Decision-Making Prior To The Civil War, Scott N. Clayman

Business and Economics Honors Papers

Free banks in Illinois could issue bank notes backed by state or U.S. bond collateral. A decline in bond prices as the Civil War approached resulted in banks being unable to redeem their noteholders in gold specie and subsequently resulted in bank failures. Previously economic historians believed that failures of free banks were due to wildcat banking rather than the portfolio allocation of free banks. Over time, other researchers have found that banks that took greater ex ante risk prior to the failure were more likely to fail. There were other price declines during the 1850s, in particular the Panic …

Benefits Of Eu Membership For The Transition Countries: The Case Of Latvia, Marko Martinovic

Economics Honors Projects

This paper estimates the benefits of EU membership for Latvia, a former communist country and a member of the former USSR. It is widely believed that the EU membership significantly contributes to raising living standards and growth of the economies of new members. Using counterfactual analysis with the official date of accession of 2003 I find that Latvia demonstrates stronger economic growth from the EU membership, but only up to 2009. After the 2009 financial crisis Latvia’s economic growth is severally compromised as a consequence of joining the EU. When 1999 is treated as the treatment year, the year when …

Working Paper No. 06, Towards A Veblenian Theory Of Economic Development: Drawing From Imperial Germany, Cesar Maldonado

Working Papers in Economics

This inquiry summarizes and analyzes Thorstein Veblen’s explanations for Imperial Germany’s rapid industrialization. In his book Imperial Germany and the Industrial Revolution, Thorstein Veblen introduces a comprehensive understanding of processes affecting economic development. Technology transfer, human capital and state intervention are the variables that transformed an agrarian feudal Germany into industrialized Imperial Germany. Instead of developing technology over time by trial and error, Germany just transferred already established technology to their country. Since Germany had no established institution they could set up the most modern technologies. The machine process of the industrial system renders it easy to train workers …

Arifin Siregar [Indonesia, Minister Of Trade], Arifin Siregar

Digital Narratives of Asia

Former Indonesian Trade Minister Arifin Siregar talks to DNA about his higher education in Holland and Germany, and his services as the Governor of Central Bank in Indonesia, during which handling the Pertamina crisis led to radical economic development. He presents his take on past Presidents Soekarno, Suharto, Habibie, Gus Dur, Megawati and Susilo Bambang Yudhoyono, including how corruption had occurred.

Kaldor's Late Contributions, Up Sira Nukulkit

Electronic Theses and Dissertations

Nicholas Kaldor was a famous post-Keynesian theorist who fought on Keynesian revolution in Cambridge with Keynes himself. However, during the last twenty years of his life, Kaldor became engaged with increasing returns theory originated from Adam Smith and Allyn Young. Kaldor propagated the theory even though it was not mature. There were many controversies and critiques to Kaldor's increasing returns theory. Kaldor began to write extensively about this worldview scattered throughout many of his academic papers and essays. This thesis tracks Kaldor's process of theoretical formulation during the last twenty years of his life. It presents Kaldor's view from the …

The Determinants Of Chinese Household Saving During 1978-2012, Nan Zhi

Honors Theses, 1963-2015

This project focuses on how the household saving ratio changes from 1978-2013 in China and what factors caused the changes. Based China’s household saving rate changes from 1953-2000 by using the framework of the life-cycle hypothesis, Modigliani concluded that the rate of growth income and the demographic structure are the major determinant of the rate of private saving. This project attempts to extend Modigliani’s research using the data after 2000 and take changes of Chinese policy and additional factors into consideration. Estimates of coefficients of saving function will be obtained by using OLS method to analyze the relationship between household …

The Birth Of The U.S. Federal Reserve, Richard A. Naclerio

History Faculty Publications

On November 16, 2014 the United States Federal Reserve celebrated the centennial of its organization. Its one hundred year legacy has left no doubt of its vast monetary control, its far-reaching geopolitical power, and its enigmatic secrecy. These defining features of the Fed remain a mirror of the men who created it. Wall Street barons and ambitious politicians vied for control over shaping the U.S. Federal Reserve to the specifications that suited the needs of both their country and themselves.

This paper covers men like Senator Nelson Aldrich, J.P. Morgan, Jacob Schiff, and Paul M. Warburg, who were the undeniable …

The Political Economy Of Environmental Justice: A Comparative Study Of New Delhi And Los Angeles, Ratik Asokan

CMC Senior Theses

Though mainstream environmentalism, both in the U.S. and India, was initially rooted in social justice, it has, over time, moved away from this focus. The Environmental Justice Movement consequently arose to reunite social and environmental activism. In this thesis, I trace the historical relationship between the mainstream environmentalism, the Environmental Justice Movement, and marginalized communities. After providing this general overview, I examine two case studies – in Los Angeles and New Delhi respectively – where marginalized communities have been involved in Environmental Justice activities. My analysis reveals that marginalized communities often act in an ‘environmentalist’ or ‘environmentally friendly’ manner, without …