Betting on Hitler: The value of political connections in Nazi Germany

This paper examines the value of connections between German industry and the Nazi movement in early 1933. Drawing on previously unused contemporary sources about management and supervisory board composition and stock returns, we find that one out of seven firms, and a large proportion of the biggest companies, had substantive links with the National Socialist German Workers’ Party. Firms supporting the Nazi movement experienced unusually high returns, outperforming unconnected ones by 5% to 8% between January and March 1933. These results are not driven by sectoral composition and are robust to alternative estimators and definitions of affiliation.Political Connections, Stock Market, Asset Pricing, Nazi Rise to Power, Interwar Germany

Relevant Logics Obeying Component Homogeneity

This paper discusses three relevant logics that obey Component Homogeneity - a principle that Goddard and Routley introduce in their project of a logic of significance. The paper establishes two main results. First, it establishes a general characterization result for two families of logic that obey Component Homogeneity - that is, we provide a set of necessary and sufficient conditions for their consequence relations. From this, we derive characterization results for S*fde, dS*fde, crossS*fde. Second, the paper establishes complete sequent calculi for S*fde, dS*fde, crossS*fde. Among the other accomplishments of the paper, we generalize the semantics from Bochvar, Hallden, Deutsch and Daniels, we provide a general recipe to define containment logics, we explore the single-premise/single-conclusion fragment of S*fde, dS*fde, crossS*fdeand the connections between crossS*fde and the logic Eq of equality by Epstein. Also, we present S*fde as a relevant logic of meaninglessness that follows the main philosophical tenets of Goddard and Routley, and we briefly examine three further systems that are closely related to our main logics. Finally, we discuss Routley's criticism to containment logic in light of our results, and overview some open issues

No. 04: The Urban Food System of Kingston, Jamaica

Kingston is a colonial city and, like the country of Jamaica more generally, was the product of early mercantilism moulded by colonialism, sugar plantations and slavery. As Jamaica’s capital, Kingston is an economic and administrative hub with a social geography marked by many of the characteristic fissures of emerging cities in transition economies. Its population is fed by a combination of food imports and domestic production from agricultural areas across the island. The key trading point for fresh produce flows into Kingston is Coronation Market in the city centre. Between 60% and 70% of fruit and vegetables arriving at Coronation Market are re-distributed through other wholesale markets in and around Kingston. Domestically produced foods flow into Kingston largely through Jamaica’s higgler system. These informal vendors perform many functions as market intermediaries, including trade, harvesting, post-harvest processing, re-distribution and sales. Jamaicans spend an average of 43% of their income on food; a figure significantly influenced by price shocks. Some of these shocks are the result of severe weather conditions, including cyclones with excessive rains as well as drought. While there is a strong preference for domestically produced goods, cheaper prices and perceived safety of imports entice consumers. Jamaica has also moved increasingly towards a higher fat, more refined diet, resulting in higher rates of obesity and nutrition-related chronic diseases

Trade dusts

THIS THESIS consists of a series of reports on the examination of men exposed to the effects of certain trade dusts, and a commentary on some of the points arising therefrom.The first report deals with the sandstone industry, the second with mica dust, the fourth with basic slag and the sixth with malthouse dusts. The third and fifth describe interesting cases of pulmonary fibrosis following exposure respectively to dusts of coal and boiler flues

The Past as Prologue? What Past Industrial Conflicts within the GOP Tell about the Future of the Bush Administration

This article analyzes patterns of GOP campaign finance with an eye to the light they can shed on the future of the Bush administration. After flashing back to 1980 and 1984, it presents a detailed statistical breakdown of who contributed to whom in the 1988 GOP primary, based on a large and carefully constructed sample of top corporate executives and investors. The Dole campaign emerges as especially important for the clues it provides about the opponents of major changes in U. S. policy toward Eastern Europe and the USSR