Comments on A Political Ecology of Water and Enslavement: Water Ways in Eighteenth-Century Caribbean Plantations by MW Hauser

2018-04-0

Major John Bradford Homestead archaeological collections report

This report describes a collections management project undertaken on archaeological finds excavated at the Major John Bradford Homestead in 1972 and 1973. One of the chief goals of the project were to clean all artifacts that had not been processed after sorting the materials that had been processed and labeled and to reunite them with their provenience groups. The next goal was to catalogue all of the finds and to re-bag and re-box all of the materials in archivally appropriate bags and acid-free boxes and to provide a box inventory keyed to the catalogue so that future researchers or exhibit designers could readily locate objects of interest. A further goal was to provide a narrative about the excavations and to make suggestions about how to interpret the archaeological evidence and to suggest potential future research. All of these goals were met and are detailed in this report

TAXES AND EMPLOYMENT SUBSIDIES IN OPTIMAL REDISTRIBUTION PROGRAMS

This paper explores how to optimally set tax and transfers when taxation authorities : (1) are uninformed about individuals’ value of time in both market and non-market activities and (2) can observe both market-income and time allocated to market employment. In contrast to much of the optimal income taxation literature, we show that optimal redistribution in this environment involves distorting market employment upwards for low net-income individuals through phased-out wage-contingent employment subsidies, and distorting employment downward for high net-income individuals through positive and increasing marginal income tax rate. We also show that workfare may also be used as part of an optimal redistribution program.Taxation ; Redistribution ; Wage Subsidies Screening

A gains from trade perspective on macroeconomic fluctuations

Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into the potential mechanisms driving economic fluctuations as well as modify key policy implications. We first show how a gains from trade approach can easily explain why changes in perceptions about the future (including news about the future and risk shocks) can cause booms and bust. We then turn to fiscal policy, and discuss under what conditions fiscal multipliers can be observed. While much of our analysis is conducted in a flexible price environment, we also present implications of our model for a sticky price environments, as it allows to understand stable-inflation boom-bust cycles. The source of the explicit gains from trade in our setup derives from simply assuming that in the short run workers are not perfect mobile across all sectors of the economy. We provide evidence from the PSID in support of this modeling assumption. --business cycle,investment,heterogeneous agents

Managerial Skill Acquisition and the Theory of Economic Development

Micro level studies in developing countries suggest managerial skills play a key role in the adoption of modern technologies. The human resources literature suggests that managerial skills are difficult to codify and learn formally, but instead tend to be learned on the job. In this paper we present a model of the interactive process between on-the-job managerial skill acquisition and the adoption of modern technology. The environment considered is one where all learning possibilities are internalized in the market, and where managers are complementary inputs to non-managerial workers. The paper illustrates why some countries may adopt modern technologies while others stay backwards. The paper also explains why managers may not want to migrate from rich countries to poor countries as would be needed to generate income convergence.