We focus on four previous systemic financial crises that the United States has experienced since 1870. These include the crisis of 1873 (called the Great Depression until the 1930s), the 1893 crisis, the panic of 1907, and the Great Depression. Given that all of the earlier crises predate the...

Happiness research is on the rise, but is confounded by competing definitions of subjective well-being based on co-existing concepts, resulting in differing measures and giving rise to different potential policy applications. This paper motivates the societal necessity for using well-being...

This paper proposes an interpretation theoretical model of the Aufbau of Rudolf Carnap, this interpretation contributes to upgrade the project original carnapian, in the sense of conferring to the constitutional program of construction logical, less committed analytic equipment with an ontology...

In this review, I discuss the role of African institutions in general and pre-colonial institutions in particular in explaining present-day African poverty. Six of the most often cited explanations of African poverty -- geography, ethnolinguistic fractionalization, the slave trades, colonial...

Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...