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Human Capital in History by Leah Platt Boustan,Carola Frydman,Robert A. Margo Pdf
This volume honours the contributions Claudia Goldin has made to scholarship and teaching in economic history and labour economics. The chapters address some closely integrated issues: the role of human capital in the long-term development of the American economy, trends in fertility and marriage, and women's participation in economic change.
Capital and Finance by Peter Lewin,Nicolás Cachanosky Pdf
This book applies finance to the field of capital theory. While financial economics is a well-established field of study, the specific application of finance to capital theory remains unexplored. It is the first book to comprehensively study this financial application, which also includes modern financial tools such as Economic Value Added (EVA®). A financial application to the problem of the average period of production includes two discussions that unfold naturally from this application. The first one relates to the dual meaning of capital, one as a monetary fund and the other one as physical (capital) goods. The second concerns its implications for business-cycle theories. This second topic (1) provides a solid financial microeconomic foundation for business cycles and, also (2) makes it easy to compare different business-cycle theories across the average period of production dimension. By clarifying the obscure concept of average period of production, the authors make it easier to analyze the similarities with and differences from other business-cycle theories. By connecting finance with capital theory, they provide a new point of view and analysis of the long-standing problems in capital theory as well as other related topics such as the use of neoclassical production functions and theorizing about business cycles. Finally, they emphasize that the relevance of their application rests on both its policy implications and its contributions to contemporary economic theory.
First published in 1998, this book reprints eight articles from The London Journal, covering the history of London from the middle ages to the twentieth century. Each is an extensive bibliographical essay, updated by the individual contributors for this anthology. The book comes with a new introduction from a previous editor of the journal, Patricia Garside, and also with a specially commissioned guide to sources for London history and the libraries and special collections that house them. The London Journal was founded in 1975 to provide a forum for the study of London history: an eclectic and multi-disciplinary field. As well as articles based on original research, The London Journal has carried notes and comments, viewpoint and review articles, and general surveys of particular aspects of London life. In the past few decades the specialist literature on London has become extensive, intricate and dense. The opportunity for a systematic review of this literature presented itself on the twentieth anniversary of the founding of The London Journal, and the core of the work presented here first appeared in Volume 20(2), November 1995. Each of the authors, specialists in one of seven periods from Roman to contemporary times, was asked to evaluate the literature that had appeared in their field of London expertise during the last 20 years. For this book, each contribution has been updated where possible to take account of the very latest publications.
Chocolate City by Chris Myers Asch,George Derek Musgrove Pdf
Monumental in scope and vividly detailed, Chocolate City tells the tumultuous, four-century story of race and democracy in our nation's capital. Emblematic of the ongoing tensions between America's expansive democratic promises and its enduring racial realities, Washington often has served as a national battleground for contentious issues, including slavery, segregation, civil rights, the drug war, and gentrification. But D.C. is more than just a seat of government, and authors Chris Myers Asch and George Derek Musgrove also highlight the city's rich history of local activism as Washingtonians of all races have struggled to make their voices heard in an undemocratic city where residents lack full political rights. Tracing D.C.'s massive transformations--from a sparsely inhabited plantation society into a diverse metropolis, from a center of the slave trade to the nation's first black-majority city, from "Chocolate City" to "Latte City--Asch and Musgrove offer an engaging narrative peppered with unforgettable characters, a history of deep racial division but also one of hope, resilience, and interracial cooperation.
A Local History of Global Capital by Tariq Omar Ali Pdf
Before the advent of synthetic fibers and cargo containers, jute sacks were the preferred packaging material of global trade, transporting the world's grain, cotton, sugar, tobacco, coffee, wool, guano, and bacon. Jute was the second-most widely consumed fiber in the world, after cotton. While the sack circulated globally, the plant was cultivated almost exclusively by peasant smallholders in a small corner of the world: the Bengal delta. This book examines how jute fibers entangled the delta's peasantry in the rhythms and vicissitudes of global capital. Taking readers from the nineteenth-century high noon of the British Raj to the early years of post-partition Pakistan in the mid-twentieth century, Tariq Omar Ali traces how the global connections wrought by jute transformed every facet of peasant life: practices of work, leisure, domesticity, and sociality; ideas and discourses of justice, ethics, piety, and religiosity; and political commitments and actions. Ali examines how peasant life was structured and restructured with oscillations in global commodity markets, as the nineteenth-century period of peasant consumerism and prosperity gave way to debt and poverty in the twentieth century. A Local History of Global Capital traces how jute bound the Bengal delta's peasantry to turbulent global capital, and how global commodity markets shaped everyday peasant life and determined the difference between prosperity and poverty, survival and starvation.
Capital and Imperialism by Utsa Patnaik,Prabhat Patnaik Pdf
A comprehensive survey of capitalism's colonialist roots and uncertain future Those who control the world’s commanding economic heights, buttressed by the theories of mainstream economists, presume that capitalism is a self-contained and self-generating system. Nothing could be further from the truth. In this pathbreaking book—winner of the Paul A. Baran-Paul M. Sweezy Memorial Award—radical political economists Utsa Patnaik and Prabhat Patnaik argue that the accumulation of capital has always required the taking of land, raw materials, and bodies from noncapitalist modes of production. They begin with a thorough debunking of mainstream economics. Then, looking at the history of capitalism, from the beginnings of colonialism half a millennium ago to today’s neoliberal regimes, they discover that, over the long haul, capitalism, in order to exist, must metastasize itself in the practice of imperialism and the immiseration of countless people. A few hundred years ago, write the Patnaiks, colonialism began to ensure vast, virtually free, markets for new products in burgeoning cities in the West. But even after slavery was generally abolished, millions of people in the Global South still fell prey to the continuing lethal exigencies of the marketplace. Even after the Second World War, when decolonization led to the end of the so-called “Golden Age of Capitalism,” neoliberal economies stepped in to reclaim the Global South, imposing drastic “austerity” measures on working people. But, say the Patnaiks, this neoliberal economy, which lives from bubble to bubble, is doomed to a protracted crisis. In its demise, we are beginning to see—finally—the transcendence of the capitalist system.
Accounting for History in Marx's Capital by Robert Bryer Pdf
The book reinterprets Marx’s historical materialism as a world accounting history, answers his critics, and supports his theory with accounting evidence from history. It explains Marx’s prediction of the ‘inevitability’ of socialism, and outlines the necessary tasks of ‘critical accounting’ for Marxists to get Day One.
A Mighty Capital under Threat by Bill Luckin,Peter Thorsheim Pdf
Demographically, nineteenth-century London, or what Victorians called the “new Rome,” first equaled, then superseded its ancient ancestor. By the mid-eighteenth century, the British capital had already developed into a global city. Sustained by its enormous empire, between 1800 and the First World War London ballooned in population and land area. Nothing so vast had previously existed anywhere. A Mighty Capital under Threat investigates the environmental history of one of the world’s global cities and the largest city in the United Kingdom. Contributors cover the feeding of London, waste management, movement between the city’s numerous districts, and the making and shaping of the environmental sciences in the late nineteenth and early twentieth centuries.
Human Capital in History by Leah Platt Boustan,Carola Frydman,Robert A. Margo Pdf
America’s expansion to one of the richest nations in the world was partly due to a steady increase in labor productivity, which in turn depends upon the invention and deployment of new technologies and on investments in both human and physical capital. The accumulation of human capital—the knowledge and skill of workers—has featured prominently in American economic leadership over the past two centuries. Human Capital in History brings together contributions from leading researchers in economic history, labor economics, the economics of education, and related fields. Building on Claudia Goldin’s landmark research on the labor history of the United States, the authors consider the roles of education and technology in contributing to American economic growth and well-being, the experience of women in the workforce, and how trends in marriage and family affected broader economic outcomes. The volume provides important new insights on the forces that affect the accumulation of human capital.
In September 1781, the captain of the British slave ship Zong ordered 133 slaves thrown overboard, enabling the ship’s owners to file an insurance claim for their lost “cargo.” Accounts of this horrific event quickly became a staple of abolitionist discourse on both sides of the Atlantic. Ian Baucom revisits, in unprecedented detail, the Zong atrocity, the ensuing court cases, reactions to the event and trials, and the business and social dealings of the Liverpool merchants who owned the ship. Drawing on the work of an astonishing array of literary and social theorists, including Walter Benjamin, Giovanni Arrighi, Jacques Derrida, and many others, he argues that the tragedy is central not only to the trans-Atlantic slave trade and the political and cultural archives of the black Atlantic but also to the history of modern capital and ethics. To apprehend the Zong tragedy, Baucom suggests, is not to come to terms with an isolated atrocity but to encounter a logic of violence key to the unfolding history of Atlantic modernity. Baucom contends that the massacre and the trials that followed it bring to light an Atlantic cycle of capital accumulation based on speculative finance, an economic cycle that has not yet run its course. The extraordinarily abstract nature of today’s finance capital is the late-eighteenth-century system intensified. Yet, as Baucom highlights, since the late 1700s, this rapacious speculative culture has had detractors. He traces the emergence and development of a counter-discourse he calls melancholy realism through abolitionist and human-rights texts, British romantic poetry, Scottish moral philosophy, and the work of late-twentieth-century literary theorists. In revealing how the Zong tragedy resonates within contemporary financial systems and human-rights discourses, Baucom puts forth a deeply compelling, utterly original theory of history: one that insists that an eighteenth-century atrocity is not past but present within the future we now inhabit.
A History of Capital Punishment in the Australian Colonies, 1788 to 1900 by Steven Anderson Pdf
This book provides a comprehensive overview of capital punishment in the Australian colonies for the very first time. The author illuminates all aspects of the penalty, from shortcomings in execution technique, to the behaviour of the dying criminal, and the antics of the scaffold crowd. Mercy rates, execution numbers, and capital crimes are explored alongside the transition from public to private executions and the push to abolish the death penalty completely. Notions of culture and communication freely pollinate within a conceptual framework of penal change that explains the many transformations the death penalty underwent. A vast array of sources are assembled into one compelling argument that shows how the ‘lesson’ of the gallows was to be safeguarded, refined, and improved at all costs. This concise and engaging work will be a lasting resource for students, scholars, and general readers who want an in-depth understanding of a long feared punishment. Dr. Steven Anderson is a Visiting Research Fellow in the History Department at The University of Adelaide, Australia. His academic research explores the role of capital punishment in the Australian colonies by situating developments in these jurisdictions within global contexts and conceptual debates.
Capital Controversy, Post Keynesian Economics and the History of Economic Thought by Philip Arestis,Gabriel Palma,Malcolm Sawyer Pdf
Harcourt has made substantial and wide-ranging contributions to economics in general, and to post Keynesian economics in particular. In this volume more than forty leading economists pay tribute to and critically evaluate his work. The contributors represent a wide range of schools in economics, and include Nobel Laureates Paul Samuelson and Robert Solow.
Capital in the History of Accounting and Economic Thought by Jacques Richard,Alexandre Rambaud Pdf
Starting with the first "scientific" economists such as Cantillon (1755) and Quesnay (1758) and ending with Piketty (2019), this book explores the treatment of the concept of capital in the history of accounting and economic thought. The work provides a rare juxtaposition of the reasoning, discourse and writings of accountants and economists. With regard to ‘capital’, this approach highlights the ongoing struggle between these "uncongenial twins" – as Kenneth Boulding put it – for primacy in analysing, and utilising, capitalism. But if they are certainly "uncongenial", the book also argues that it is wrong to ever classify these two disciplines as "twins" because they have taken very different paths ever since scientism came to dominate in economics and ethical and moral considerations were put to one side. This book will be of significant interest to readers to history of economic thought, critical accounting and heterodox economics.
The Capital City (And its Part in the History of our Nation) by Rufus Rockwell Wilson Pdf
The writer who undertakes to tell the story of Washington confronts a task the like of which is presented by none of its sister cities. The federal capital during its first hundred years of existence has been - and is today - the political center of the republic, the birthplace of parties and legislation, the training-ground and forum of one generation after another of public men. Indeed, from its founding until the present time it has been the brain and heart of the nation. This fact has been kept constantly in mind in the writing of the present work, and, while sketching the rise of Washington from a wilderness hamlet to one of the most beautiful capitals in the world, the author has also attempted adequately to portray the political growth and development of the republic. Washington, Jackson, and Lincoln, Webster, Clay, and Calhoun, Seward, Chase, and Sumner are an inseparable and vital part of the history of the capital which they endeared to their countrymen and have in the following pages the place that by right belongs to them. Liberal use, at the same time, has been made of anecdote, in the hopeful belief that our great men can be thus brought closer to a later generation than is possible in any other way. No pains have been spared to assure accuracy of detail; though in a work intended primarily for popular reading it has not been thought necessary to quote authorities which are within the reach of every student. Years of preparation and many months of exacting labor have helped to the making of a book which it is hoped will awaken in its readers a new interest and a new pride in the history of their capital and common country.
From its 1790 founding until 1974, Washington, D.C.--capital of "the land of the free--lacked democratically elected city leadership. Fed up with governance dictated by white stakeholders, federal officials, and unelected representatives, local D.C. activists catalyzed a new phase of the fight for home rule. Amid the upheavals of the 1960s, they gave expression to the frustrations of black residents and wrestled for control of their city. Bringing together histories of the carceral and welfare states, as well as the civil rights and Black Power movements, Lauren Pearlman narrates this struggle for self-determination in the nation's capital. She captures the transition from black protest to black political power under the Lyndon Johnson and Richard Nixon administrations and against the backdrop of local battles over the War on Poverty and the War on Crime. Through intense clashes over funds and programming, Washington residents pushed for greater participatory democracy and community control. However, the anticrime apparatus built by the Johnson and Nixon administrations curbed efforts to achieve true home rule. As Pearlman reveals, this conflict laid the foundation for the next fifty years of D.C. governance, connecting issues of civil rights, law and order, and urban renewal.
