Chapter 1: Panama, Supply Chain Security, and the Rise of Globalization -- Chapter 2: The Canal and American Ascendancy -- Chapter 3: A Success Story made in Panama -- Chapter 4: The Canal of Panama and the Natural Gas Revolution -- Chapter 5: Macro-Trends Impacting the Future of the Canal and...

Average wages are considerably lower in agriculture than in the other sectors. We document this fact for thirteen countries ranging from rich (Canada, U.S.) to poor (India, Indonesia). We develop a measure of human capital that accounts for the selection of workers with different unobserved...

Chapter 1 Reinsurance in America Regulatory Regimes and Markets -- Chapter 2 Dutch reinsurance and the first wave of globalization -- Chapter 3 Swedish Reinsurers in the Non-Life Sector -- Chapter 4 The ups and downs of French reinsurance in the 20th century -- Chapter 5 The ups and downs of...

This book provides a critical analysis of visual images of British and international finance during the nineteenth century. Its focus is on the financiers themselves, contrasting the depiction of the respectable Merchant Princes with the less than perfect charlatans (white-collar criminals) who...

This book explores family economic decision-making in the United States from the nineteenth century through present day, specifically looking at the relationship between family resource allocation decisions and government policy. It examines how families have responded to incentives and...

‘This is essential reading for anybody interested in global history.’ -Professor Ugo Panizza, The Graduate Institute of Geneva, Switzerland This illuminating book offers a compact survey and new interpretation of trends and policies in the US economy from the end of the nineteenth century to...

The publication of Alexis de Tocqueville’s Democracy in America has kindled interest across disciplines to appraise the exceptional nature of U.S. activities. In general, however, all the published works have not focused their analyses from an economic point of view. While economics was for...

Part I: Pre-contact to the Treaty of Vienna -- 1. Beverstad -- 2. An Island in the Center of its Hinterland -- 3. Port and Entrepot -- Part II: The Displaced Nineteenth Century -- 4. Catastrophic Agglomeration -- 5. A Port in Time -- 6. Manufacturing Employment at Mid-Century -- 7. Huddled...

1. Labor Resists -- 2. Early Nineteenth-Century Changes -- 3. Examples of Mid-Nineteenth-Century Business Ethics in America -- 4. Rise of Industrialization -- 5. Ethics of the Firm and Strategic Behavior -- 6. John D. Rockefeller and Standard Oil -- 7. Rise of the Big Retail Merchants -- 8....

When we start to perceive that there is a problem in the market (such as monopoly, fraud or speculation), the legislature passes a law to correct it, a bureaucracy is created to interpret and enforce the new law, firms and other market participants comply, and the problem is solved. But is it?...