作者：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; University of Iowa
摘要：Since the triumph of a business culture a century and half ago the businessman has been scorned, and so the phrase 'bourgeois virtue sounds like an oxymoron. Economists since Bentham have believed that anyway virtue is beside the point: what matters for explanation is Prudence. But this is false in many circumstances, even strictly economic circumstances. An economic history that insists on Prudence Alone is misspecified, and will produce biased coefficients. And it will not face candidly the ...
作者：University System of Ohio; Denison University
作者：University of California System; University of California Berkeley
摘要：Black families included in the 1918/19 BLS Consumer Purchases Survey used installment credit more frequently and merchant credit less frequently than White families. Economic and demographic characteristics explain the racial difference for installment but not for merchant credit. I argue greater demand for installment credit by Black families was satisfied because repossession of collateral upon buyer default overcame merchants' personal prejudice with regard to creditworthiness, but absence ...
作者：University System of Maryland; University of Maryland College Park
作者：Montana State University System; Montana State University Bozeman; Fordham University
作者：University of California System; University of California Irvine
