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Isolated Shaker communal farms stressed self-sufficiency as an ideal but carefully chose which goods to buy and sell in external markets and which to produce and consume themselves. We use records of hog slaughter weights to investigate the extent to which the Shakers incorporated market-based...
Persistent link: https://www.econbiz.de/10005839016
In our late twentieth century experience, survival of an economy seems critically dependent on well established rights to private property and a return to labor that rewards greater effort. But that need not be so. History provides examples of micro-socialist economies that internally, at least,...
Persistent link: https://www.econbiz.de/10005800305
When the Shakers established communal farms in the Ohio Valley, they encountered a new agricultural environment that was substantially different from the familiar soils, climates, and markets of New England and the Hudson Valley. The ways in which their response to these new conditions differed...
Persistent link: https://www.econbiz.de/10005746063
How does the productivity of a commune compare with that of a conventional firm? This paper addresses this question quantitatively by focusing on the history of a religious commune called the United Society of Believers, better known as the Shakers. We utilize the information recorded in the...
Persistent link: https://www.econbiz.de/10005746166
Railroad contingency planning is linked up with an elaborate government network including the Departments of Transportation, Defense (principally the Joint Chiefs of Staff). Justice, Commerce, and Energy and the Interstate Commerce Commission. The railroads have played a key role in the response...
Persistent link: https://www.econbiz.de/10010808017
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The Ottoman government obtained current information on the empire's sources of revenue through periodic registers called tahrir defterleri. These documents include detailed information on tax-paying subjects and taxable resources, making it possible to study the economic and social history of...
Persistent link: https://www.econbiz.de/10005839020
Religions typically prescribe their followers to display distinct behavior in consumption, production, and exchange. Well-known are the examples of Catholics not eating meat on Fridays during Lent, Hindus being vegetarian and Muslims and Jews avoiding pork, Muslims praying five times a day, and...
Persistent link: https://www.econbiz.de/10005800256
A fundamental principle of economics with which Adam Smith begins The Wealth of Nations is the division of labor. Some firms, however, have been pursuing a practice called job rotation, which assigns each worker not to a single and specific task but to a set of several tasks among which he or...
Persistent link: https://www.econbiz.de/10005800293