作者：University of California System; University of California Santa Barbara
作者：European University Institute
摘要：Agricultural distress in the 1920s is routinely quoted among the causes of the Great Depression. This article challenges the conventional-wisdom. World agriculture was not plagued by overproduction and falling. terms of trade. The indebtedness of American farmers, a legacy of the boom years 1918-1921, did jeopardize the rural banks, but the relation between their crises, the banking panic of 1930, and the Great Depression is tenuous at best.
作者：Cornell University; Weill Cornell Medical Center
摘要：Long-distance trade depends crucially on the enforcement of long-distance contracts, those in which principals are significantly removed from agents. The problem of contract enforcement in the English East India Company reflected a multi-task principal-agent problem in which servants traded publicly for the company and at the same time conducted their own private trade. Private trade, sustained by the private use of company resources, and dismissals were the mechanisms that made East India con...
作者：University of North Carolina; University of North Carolina Chapel Hill
作者：Claremont Colleges; Claremont McKenna College; Claremont Graduate University
