An Overview of Personal Wealth

2008 ◽  
pp. 1-24 ◽  
Author(s):  
James B. Davies
Keyword(s):  
Personal Wealth

scholarly journals Wealth, Slave Ownership, and Fighting for the Confederacy: An Empirical Study of the American Civil War

2017 ◽  
Author(s):  
Andrew B. Hall ◽  
Connor Huff ◽  
Shiro Kuriwaki
Keyword(s):  
Civil War ◽  
Empirical Study ◽  
Free Rider ◽  
American Civil War ◽  
The Other ◽  
Confederate Army ◽  
Free Ride ◽  
Other Hand ◽  
Personal Wealth ◽  
The One

How did personal wealth and slaveownership affect the likelihood southerners fought for the Confederate Army in the American Civil War? On the one hand, wealthy southerners had incentives to free-ride on poorer southerners and avoid fighting; on the other hand, wealthy southerners were disproportionately slaveowners, and thus had more at stake in the outcome of the war. We assemble a dataset on roughly 3.9 million free citizens in the Confederacy, and show that slaveowners were more likely to fight than non-slaveowners. We then exploit a randomized land lottery held in 1832 in Georgia. Households of lottery winners owned more slaves in 1850 and were more likely to have sons who fought in the Confederate Army. We conclude that slaveownership, in contrast to some other kinds of wealth, compelled southerners to fight despite free-rider incentives because it raised their stakes in the war’s outcome.

scholarly journals Authorized Failure: How is Company Status?

2020 ◽  
Vol 2 (2) ◽  
Author(s):  
Fiany Alifia Lasnita ◽  
Muhamad Adji Rahardian Utama
Keyword(s):  
Limited Liability ◽  
Limited Liability Company ◽  
Legal Entity ◽  
Company Limited ◽  
Proof Of Ownership ◽  
Personal Wealth ◽  
A Company ◽  
A Share

The sense of the limited liability company is a legal entity to be able to run a business that has a capital consisting of a share, which its owners have lots of stock. Because it is composed of capital over shares that can be traded, and changes to the ownership of the company can be done without the need for a dissolution of a company. Limited liability company is a business entity and the magnitude of the capital company which are poured in a basic budget. The wealth of the company separate from the personal wealth of the owners of the company so that it can have its own treasures. Each person can have more than one stock which can be a proof of ownership of a company. The owner of the stock itself has a limited liability, i.e. as much as their shares. In the establishment of limited liability company also required permission and also some important documents that should be owned by a limited liability company to be its foundation.

Positional Consumption and the Wedding Industry

2021 ◽  
Vol 47 (4) ◽  
pp. 747-764
Author(s):  
Daniel Halliday ◽  
Keyword(s):  
Moral Status ◽  
Developed Countries ◽  
Personal Relationship ◽  
Average Amount ◽  
Goods And Services ◽  
Main Emphasis ◽  
Personal Wealth

Recent decades have seen substantial increases in the average amount of money spent on wedding ceremonies in economically developed countries. This article develops an account of wedding expenditure as a form of positional competition where participation involves purchasing services in a market. The main emphasis is on the role that conspicuously expensive weddings can play in enabling certain kinds of signalling, most notably the signalling of commitment to a personal relationship and a distinct signalling of personal wealth. The analysis seeks to demonstrate how wedding expenditure is both similar to but distinct from the positional consumption associated with markets in other goods and services. While much of the work in this article is descriptive, it aims to complement more normatively engaged work on the moral status of marriage, and on the proper evaluation and response to excessive positional consumption.

Moral Objections to Inheritance Tax

Taxation ◽  
2018 ◽  
pp. 167-184 ◽  
Author(s):  
Stuart White
Keyword(s):  
Social Justice ◽  
Double Taxation ◽  
Inheritance Tax ◽  
Personal Wealth

Taxation of wealth transfers across generations (‘inheritance tax’) is strongly supported by social justice considerations but is also politically and morally contentious. As well as citing concerns about the possible impact on motives to work and save, critics present several moral objections to inheritance tax: it allegedly entails ‘double taxation’; it taxes citizens differently according to how they use their wealth, violating equity; it penalizes the ‘virtuous’ use of personal wealth; and it targets the wrong problem, which is not unequal holdings of wealth as such but unequal consumption. This paper addresses each of these four criticisms, indicates their flaws and limitations, and shows that they do not rebut the case for inheritance tax on grounds of social justice.

Embodying Methodist Theology

2019 ◽  
pp. 229-277
Author(s):  
Kevin M. Watson
Keyword(s):  
The Other ◽  
Methodist Episcopal ◽  
Episcopal Church ◽  
Secret Societies ◽  
Other Hand ◽  
Personal Wealth ◽  
The Future ◽  
Methodist Episcopal Church ◽  
Church Buildings

This chapter explores the diverging conceptions of holy living in Simpson and Roberts in depth. The chapter argues that Simpson was most concerned with growing and expanding the Methodist Episcopal Church, often compromising on what had been core commitments of Methodism in the hope of gaining a broader audience and expanding the institution. Roberts, on the other hand, believed that these same compromises were leading to a sacrifice of Methodism’s mission to “spread scriptural holiness.” The chapter outlines disagreements about how holiness should be expressed in the lives of Methodists, focusing in particular on differences in church buildings, dress and personal wealth, secret societies, and slavery. The chapter concludes by discussing the different visions for the future of American Methodism that Simpson and Roberts had, as a result of these different understandings of the importance of holiness and how it should be expressed in the lives of Methodists.

Sign in / Sign up

Export Citation Format

Share Document