作者：Columbia University
摘要：By surveying contemporary sources this article reveals direct evidence for the involvement of the South Sea Company in the passage of the Bubble Act. The dominant position of the Company and of its national debt conversion scheme in the affairs of England in 1720 support the conclusion that the act was in fact a piece of special-interest legislation for the Company. The short-term interest that motivated the enactment, together with the limited legal and economic effects of the act, minimized ...
作者：GROSSMAN, RS
摘要：This article attempts to account for the exceptional stability exhibited by the banking systems of Britain, Canada, and ten other countries during the Great Depression. It considers three possible explanations of stability-the structure of the commercial banking system, macroeconomic policy and performance, and lender of last resort behavior-employing data from 25 countries across Europe and North America. The results suggest that macroeconomic policy-especially exchange-rate policy-and bankin...
作者：HARRIS, JW
摘要：Census and tax data for three counties in the Georgia Piedmont in 1860 and 1880 are used to analyze changes in crop-choice decisions after the Civil War. Although changes in the lower and upper Piedmont were similar, the explanations for these changes in the two areas differ in important respects. In the upper Piedmont the use of fertilizer is a very important explanator, whereas race and tenure are of little significance. Fertilizer is also an important explanator in the lower Piedmont, but s...
