Ferritin in the fungus Phycomyces

The iron-protein ferritin has been purified from mycelium, sporangiophores, and spores of the fungus Phycomyces blakesleeanus. It has a protein-to-iron ratio of 5, a sedimentation coefficient of 55S, a buoyant density in CsCl of 1.82 g/cm3, and the characteristic morphology of ferritin in the electron microscope. Apoferritin prepared from Phycomyces ferritin has a sedimentation coefficient of 18S and consists of subunits of molecular weight 25,000. In the cytoplasm of Phycomyces, ferritin is located on the surface of lipid droplets (0.5–2.0 µ in diameter) where it forms crystalline monolayers which are conspicuous in electron micrographs of sporangiophore thin-sections. Ferritin is found in all developmental stages of Phycomyces but is concentrated in spores. The level of ferritin iron is regulated by the iron level in the growth medium, a 50-fold increase occurring on iron-supplemented medium

Africana microfilms at the E.S. Bird Library, Syracuse University : an annotated guide

Beginning in 1964 with three successive grants from the National Science Foundation, the Program of Eastern African studies of Syracuse University has acquired an extraordinary collection of microfilms relative to eastern Africa. Most of the microfilms pertain to Kenya, where the project was begun, but records now are being received from Ethiopia, where the project is currently being administered. The records on Kenya, extending through the entire period the British Colonial Administration, 1895-1963, and consisting of private as well as official sources, comprise the fullest and most valuable collection anywhere in the world on a developing country. Moreover, included in the Kenya collection are nearly all the records of the Eastern Asians. They alone are apparently the most extensive set of records on an overseas Indian community. For more information, refer to the Kenya National Archives subject guide.https://surface.syr.edu/archiveguidekenya/1008/thumbnail.jp

Africana Microfilms at the E.S. Bird Library, Syracuse University : an Annotated Guide

Beginning in 1964 with three successive grants from the National Science Foundation, the Program of Eastern African studies of Syracuse University has acquired an extraordinary collection of microfilms relative to eastern Africa. Most of the microfilms pertain to Kenya, where the project was begun, but records now are being received from Ethiopia, where the project is currently being administered. The records on Kenya, extending through the entire period the British Colonial Administration, 1895-1963, and consisting of private as well as official sources, comprise the fullest and most valuable collection anywhere in the world on a developing country. Moreover, included in the Kenya collection are nearly all the records of the Eastern Asians. They alone are apparently the most extensive set of records on an overseas Indian community

Ernst Freund as Precursor of the Rational Study of Corporate Law

Gindis, David, Ernst Freund as Precursor of the Rational Study of Corporate Law (October 27, 2017). Journal of Institutional Economics, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2905547, doi: https://dx.doi.org/10.2139/ssrn.2905547The rise of large business corporations in the late 19th century compelled many American observers to admit that the nature of the corporation had yet to be understood. Published in this context, Ernst Freund's little-known The Legal Nature of Corporations (1897) was an original attempt to come to terms with a new legal and economic reality. But it can also be described, to paraphrase Oliver Wendell Holmes, as the earliest example of the rational study of corporate law. The paper shows that Freund had the intuitions of an institutional economist, and engaged in what today would be called comparative institutional analysis. Remarkably, his argument that the corporate form secures property against insider defection and against outsiders anticipated recent work on entity shielding and capital lock-in, and can be read as an early contribution to what today would be called the theory of the firm.Peer reviewe

Owner-Level Taxes and Business Activity

In some classes of models, taxes at the owner level are "neutral" and have no effect on firm activity. However, this tax neutrality is sensitive to assumptions and no longer holds in more complex models. We review recent research that incorporates greater complexity in studying the link between taxes and business activity - particularly entrepreneurship. Dividend taxes on owners of large firms affect firm activity in models that include agency conflicts between owners and managers. Similarly, after incorporating entrepreneurs' occupational choice into the model, taxes are no longer neutral. By forsaking lucrative alternative careers, skilled entrepreneurs tend to have high opportunity costs, which make the choice of attempting to start a business of first order importance. Moreover, in models where it is assumed that capital flows across borders without cost, taxes on domestic business owners do not alter business activity because foreign capital seamlessly compensates for tax-induced declines in investments. This theoretical notion is contradicted by the strong "home bias" observed in business ownership, in particular for small firms and startups without easy access to international capital markets. Recent empirical work has emphasized that taxes have heterogeneous effects on mature firms, entrepreneurial startups, and owner-managed small firms. Lowering dividend taxes on firms with dispersed ownership has been shown to shift capital from mature firms into rapidly growing firms. Moreover, capital gains taxation tends to reduce the number of innovative startups and diminish venture capital activity, while high owner-level taxes encourage small business activity and non-entrepreneurial self-employment because such firms have more opportunities to avoid or evade taxes. To obtain efficient incentives in entrepreneurial startups, contractual terms are required that ex ante guarantee that all providers of critical inputs, especially equity constrained entrepreneurs, are entitled to a share of the resulting capital value firm. Unless properly designed, owner-level taxes prevent such ex ante contracting and thus lower the likelihood of eventual success