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society. Our chapter revises the standard Tocquevillian account of associational freedom in the early United States by … accentuating the role of state courts and legislatures in the creation and regulation of nineteenth-century American nonprofit …
Persistent link: https://www.econbiz.de/10012457513
This paper explores the origins and effects of occupational licensing regulation in late nineteenth and early twentieth … century America. Was licensing regulation introduced to limit competition in the market for professional services at the …
Persistent link: https://www.econbiz.de/10012468226
During the Progressive Era at the beginning of the 20th century, the United States replaced litigation by regulation as … enforcement strategy between litigation and regulation based on the idea that justice can be subverted with sufficient expenditure … environment of significant inequality of wealth and political power. The switch to regulation can then be seen as an efficient …
Persistent link: https://www.econbiz.de/10012470065
In a multiperiod investment framework, firms with high expected growth earn higher expected returns than firms with low expected growth, holding investment and expected profitability constant. This paper forms cross-sectional growth forecasts, and constructs an expected growth factor that yields...
Persistent link: https://www.econbiz.de/10012453011
that they posed a threat to competition and even to society; (4) The data link the disappearance of business groups to … new ones. Thus, a multi-pronged reform agenda, sustained by a supportive political climate, created an economy of …
Persistent link: https://www.econbiz.de/10012458971
not only on its effectiveness as a sanitary measure but also on how the costs of the regulation are distributed …
Persistent link: https://www.econbiz.de/10014544783
The Inca Empire was the last of a long series of highly developed cultures in pre-colonial South America. It stretched across parts of the current territories of Argentina, Bolivia, Chile, Colombia, Ecuador and the whole of Peru. The Inca Road was its 30,000-kilometer-long transportation system....
Persistent link: https://www.econbiz.de/10012599269
In this chapter, I consider the benefits of viewing history through an evolutionary lens. In recent decades, a field of … to explain the history of human societies. I then turn to a discussion of how an evolutionary perspective provides …
Persistent link: https://www.econbiz.de/10012481254
The use of historical data has become a standard tool in economics, serving three main purposes: to examine the influence of the past on current economic outcomes; to use unique natural experiments to test modern economic theories; and to use modern economic theories to refine our understanding...
Persistent link: https://www.econbiz.de/10012482187
more sophisticated identification techniques, have moved beyond testing whether history matters, and attempt to identify … exactly why history matters. The most commonly examined channels include: institutions, culture, knowledge and technology, and …
Persistent link: https://www.econbiz.de/10012463749