scholarly journals Historical Property Rights, Sociality, and the Emergence of Impersonal Exchange in Long-Distance Trade

2008 ◽  
Vol 98 (3) ◽  
pp. 1009-1039 ◽  
Author(s):  
Erik O Kimbrough ◽  
Vernon L Smith ◽  
Bart J Wilson
Keyword(s):  
Property Rights ◽  
Laboratory Experiment ◽  
Exchange Economy ◽  
Past Experience ◽  
Long Distance ◽  
Exchange Networks ◽  
Commodity Production ◽  
History Of ◽  
Social Arrangements ◽  
Evolution Of Specialization

This laboratory experiment explores the extent to which impersonal exchange emerges from personal exchange with opportunities for long-distance trade. We design a three-commodity production and exchange economy in which agents in three geographically separated villages must develop multilateral exchange networks to import a good only available abroad. For treatments, we induce two distinct institutional histories to investigate how past experience with property rights affects the evolution of specialization and exchange. We find that a history of unenforced property rights hinders our subjects' ability to develop the requisite personal social arrangements to support specialization and effectively exploit impersonal long-distance trade. (JEL C90, D23, D51, P14)

Northernmost Precontact Maize in North America

2010 ◽  
Vol 75 (1) ◽  
pp. 117-133 ◽  
Author(s):  
Matthew Boyd ◽  
Clarence Surette
Keyword(s):  
North America ◽  
Forest Recovery ◽  
Small Scale ◽  
Economic Plant ◽  
Middle Woodland ◽  
Long Distance ◽  
Exchange Networks ◽  
Food Residue ◽  
European Contact ◽  
History Of

Corn (Zea mays ssp. mays) was a key economic plant in the Americas, yet little information exists on the northern limit of maize consumption before European contact. Based on the analysis of carbonized food residue on pottery for plant microfossils (phytoliths and starch granules) from 58 precontact archaeological sites, we report the first evidence of maize consumption in the subarctic boreal forest. Recovery of maize microfossils from several widely distributed Laurel phase (Middle Woodland/Initial Shield Woodland) vessels indicates that the diffusion of corn into this region was surprisingly early (ca. A.D. 500) and may have initially spread through long-distance exchange networks linking temperate and boreal North America during the Woodland period. After A.D. 1000 maize was a widespread component of diet and was consumed by every major Late Woodland culture in the region. These results have profound implications both for the history of this cultigen and for small-scale human societies in northern North America.

Assessment criteria for aggregate social welfare

2020 ◽  
Vol 19 (12) ◽  
pp. 2358-2371
Author(s):  
S.A. Moskal'onov
Keyword(s):  
Social Welfare ◽  
Mathematical Analysis ◽  
Exchange Economy ◽  
Assessment Criteria ◽  
Impossibility Theorem ◽  
New Approaches ◽  
History Of Development ◽  
Arrow's Impossibility Theorem ◽  
History Of

Subject. The article addresses the history of development and provides the criticism of existing criteria for aggregate social welfare (on the simple exchange economy (the Edgeworth box) case). Objectives. The purpose is to develop a unique classification of criteria to assess the aggregate social welfare. Methods. The study draws on methods of logical and mathematical analysis. Results. The paper considers strong, strict and weak versions of the Pareto, Kaldor, Hicks, Scitovsky, and Samuelson criteria, introduces the notion of equivalence and constructs orderings by Pareto, Kaldor, Hicks, Scitovsky, and Samuelson. The Pareto and Samuelson's criteria are transitive, however, not complete. The Kaldor, Hicks, Scitovsky citeria are not transitive in the general case. Conclusions. The lack of an ideal social welfare criterion is the consequence of the Arrow’s Impossibility Theorem, and of the group of impossibility theorems in economics. It is necessary to develop new approaches to the assessment of aggregate welfare.

Capitalisms

2020 ◽  
Keyword(s):  
Tenth Century ◽  
History Of Capitalism ◽  
Commodity Production ◽  
Production And Distribution ◽  
History Of ◽  
National Boundaries ◽  
Small Producers ◽  
Circulation Of Knowledge ◽  
Industrial Revolutions

Conventional accounts often conceive the genesis of capitalism in Europe within the conjunctures of agricultural, commercial, and industrial revolutions. Challenging this widely believed cliché, this volume traces the history of capitalism across civilizations, tenth century onwards, and argues that capitalism was neither a monolithic entity nor exclusively an economic phenomenon confined to the West. Looking at regions as diverse as England, South America, Russia, North Africa, and East, South, West, and Southeast Asia, the book explores the plurality of developments across time and space. The chapters analyse aspects such as historical conjunctures, commodity production and distribution, circulation of knowledge and personnel, and the role of mercantile capital, small producers, and force—all the while stressing the necessity to think beyond present-day national boundaries. The book argues that the multiple histories of capitalism can be better understood from a trans-regional, intercontinental, and interconnected perspective.

Religious Norms, Human Capital, and Money Lending in Jewish European History

2011 ◽  
pp. 56-80 ◽  
Author(s):  
Maristella Botticini ◽  
Zvi Eckstein
Keyword(s):  
Human Capital ◽  
Jewish History ◽  
Southern Italy ◽  
European History ◽  
Long Distance ◽  
Common View ◽  
Jewish Diaspora ◽  
Medieval Europe ◽  
History Of ◽  
Muslim Spain

Circa 1000, the main occupations of the large Jewish community in Muslim Spain and of the small Jewish communities in southern Italy, France, and Germany were local trade and long-distance commerce, as well as handicrafts. A common view states that the usury ban on Christians segregated European Jews into money lending. A similar view contends that the Jews were forced to become money lenders because they were not permitted to own land, and therefore, they were banned from farming. This article offers an alternative argument which is consistent with the main features that mark the history of the Jews: the Jews in medieval Europe voluntarily selected themselves into money lending because they had the key assets for being successful players in credit markets. After providing an overview of Jewish history during 70–1492, it discusses religious norms and human capital in Jewish European history, Jews in the Talmud era, the massive transition of the Jews from farming to crafts and trade, the golden age of the Jewish diaspora (ca. 800–ca. 1250), and the legacy of Judaism.

COMBINING ORAL TRADITIONS AND BAYESIAN CHRONOLOGICAL MODELING TO UNDERSTAND VILLAGE DEVELOPMENT IN THE GULF OF PAPUA (PAPUA NEW GUINEA)

Radiocarbon ◽  
2021 ◽  
pp. 1-21
Author(s):  
Chris Urwin ◽  
Quan Hua ◽  
Henry Arifeae
Keyword(s):  
Papua New Guinea ◽  
New Guinea ◽  
Oral Traditions ◽  
Long Distance ◽  
Spatial History ◽  
The Past ◽  
History Of ◽  
Gulf Of Papua ◽  
The Village

ABSTRACT When European colonists arrived in the late 19th century, large villages dotted the coastline of the Gulf of Papua (southern Papua New Guinea). These central places sustained long-distance exchange and decade-spanning ceremonial cycles. Besides ethnohistoric records, little is known of the villages’ antiquity, spatiality, or development. Here we combine oral traditional and 14C chronological evidence to investigate the spatial history of two ancestral village sites in Orokolo Bay: Popo and Mirimua Mapoe. A Bayesian model composed of 35 14C assays from seven excavations, alongside the oral traditional accounts, demonstrates that people lived at Popo from 765–575 cal BP until 220–40 cal BP, at which time they moved southwards to Mirimua Mapoe. The village of Popo spanned ca. 34 ha and was composed of various estates, each occupied by a different tribe. Through time, the inhabitants of Popo transformed (e.g., expanded, contracted, and shifted) the village to manage social and ceremonial priorities, long-distance exchange opportunities and changing marine environments. Ours is a crucial case study of how oral traditional ways of understanding the past interrelate with the information generated by Bayesian 14C analyses. We conclude by reflecting on the limitations, strengths, and uncertainties inherent to these forms of chronological knowledge.

Empowering and Directive Leadership: The Cost of Changing Styles

2021 ◽  
pp. 227853372110083
Author(s):  
Smita Mukherjee ◽  
Zubin R. Mulla
Keyword(s):  
Laboratory Experiment ◽  
Leadership Styles ◽  
Leadership Style ◽  
Affective Commitment ◽  
Team Outcomes ◽  
History Of ◽  
Satisfaction With The Leader ◽  
The Cost ◽  
First Time

We examine the cost of leaders changing between empowering and directive leadership styles on team outcomes. In a laboratory experiment, we collected data from 240 participants in 80 teams. Confederates enacted different leadership styles and led teams of participants in performing a series of tasks. When leaders changed their style from directive to empowering, teams took time to respond in terms of higher satisfaction with leader and affective commitment. However, when leaders changed their style from empowering to directive, the deterioration of satisfaction with leader and reduction in affective commitment were immediate. Moreover, teams of leaders who had been consistently directive showed higher affective commitment as compared to teams of leaders who had a history of being empowering but later shifted to being directive. First time managers can get inputs on how they should enact their leadership style and be aware that switching between styles may impose long-term costs on the team’s affective commitment and satisfaction with the leader.

Intergenerational Wealth Transfer and the Need to Revive and Metamorphose the Israeli Estate Tax

2014 ◽  
Vol 8 (1) ◽  
pp. 59-101 ◽  
Author(s):  
Daphna Hacker
Keyword(s):  
Social Justice ◽  
Property Rights ◽  
Wealth Transfer ◽  
Estate Tax ◽  
Inheritance Tax ◽  
History Of ◽  
The Subject ◽  
The Rich ◽  
The Right ◽  
The Needy

Abstract This article suggests enacting an accession tax instead of the estate duty – which was repealed in Israel in 1981. This suggestion evolves from historical and normative explorations of the tension between perceptions of familial intergenerational property rights and justifications for the “death tax,” as termed by its opponents, i.e., estate and inheritance tax. First, the Article explores this tension as expressed in the history of the Israeli Estate Duty Law. This chronological survey reveals a move from the State’s taken-for-granted interest in revenue justifying the Law’s enactment in 1949; moving on to the “needy widow” and “poor orphan” in whose name the tax was attacked during the years 1959–1964, continuing to the abolition of the tax in 1981 in the name of efficiency and the right of the testator to transfer his wealth to his family, and finally cumulating with the targeting of tycoon dynasties that characterizes the recent calls for reintroducing the tax. Next, based on the rich literature on the subject, the Article maps the arguments for and against intergenerational wealth transfer taxation, placing the Israeli case in larger philosophical, political, and pragmatic contexts. Lastly, it associates the ideas of accession tax and “social inheritance” with inspirational sources for rethinking a realistic wealth transfer taxation to bridge the gap between notions of intergenerational familial rights and intergenerational social justice.

scholarly journals Systematic placement of an enigmatic Southeast Asian taxon Eupetes macrocerus and implications for the biogeography of a main songbird radiation, the Passerida

2007 ◽  
Vol 3 (3) ◽  
pp. 323-326 ◽  
Author(s):  
Knud A Jønsson ◽  
Jon Fjeldså ◽  
Per G.P Ericson ◽  
Martin Irestedt
Keyword(s):  
South African ◽  
Plate Tectonics ◽  
Molecular Data ◽  
Sister Taxon ◽  
Long Distance ◽  
Biogeographic History ◽  
Basal Group ◽  
History Of ◽  
Biogeographic Regions ◽  
Wallace’S Line

Biogeographic connections between Australia and other continents are still poorly understood although the plate tectonics of the Indo-Pacific region is now well described. Eupetes macrocerus is an enigmatic taxon distributed in a small area on the Malay Peninsula and on Sumatra and Borneo. It has generally been associated with Ptilorrhoa in New Guinea on the other side of Wallace's Line, but a relationship with the West African Picathartes has also been suggested. Using three nuclear markers, we demonstrate that Eupetes is the sister taxon of the South African genus Chaetops , and their sister taxon in turn being Picathartes , with a divergence in the Eocene. Thus, this clade is distributed in remote corners of Africa and Asia, which makes the biogeographic history of these birds very intriguing. The most parsimonious explanation would be that they represent a relictual basal group in the Passerida clade established after a long-distance dispersal from the Australo-Papuan region to Africa. Many earlier taxonomic arrangements may have been based on assumptions about relationships with similar-looking forms in the same, or adjacent, biogeographic regions, and revisions with molecular data may uncover such cases of neglect of ancient relictual patterns reflecting past connections between the continents.

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