Who were the urban gentry? Social elites in an English provincial town, c.1680-1760

This paper explores the identity and social worlds of the ‘urban gentry’ of Chester as they developed from the late seventeenth to the mid eighteenth century. In place of the political and cultural definitions which characterise analyses of this group, it takes the self-defined ‘occupational ’ titles of probate records as a starting point for an investigation into the background and activities of those styling themselves ‘gentleman’. Central to their identity were networks of friendship and trust. These reveal the urban gentry to have been closely tied with both the urban middling sorts and the rural gentry: a position which at once reflected and underpinned their particular situation within eighteenth-century societ

Українська шляхта між польським та українським етносами

Appearance and existence of the Ukrainian gentry relates to the traditions of Polish political culture, so during the whole period of its life it was between the Ukrainian and the Polish ethnic groups. Polanisation of the Ukrainian gentry begins at the date when some of the Ukrainian territories become a part of Poland and strengthens after Cossack revolution in the middle and at the end of the 16th century. Especially this process becomes effective at the beginning of the 18th century when a great part of gentry from other Polish lands migrates to Pravoberezhia (right-banked Ukraine). Nevertheless, having captured upper class and partially middle class of the Ukrainian gentry, polanisation mainly influenced consciousness and less religion of the lower class of the Ukrainian gentry. As for ethnoculture and language local gentry was mostly Ukrainian and it assimilated numerous Polish gentlemen-immigrants

Applying the Private Benefit Doctrine to Farmland Conservation Easements

Farmland or working-land conservation easements serve two purposes. One is charitable, to protect open space from development; the other is practical, to preserve the land in productive agricultural use. These purposes, however, create a tension in the easement itself that can force the land trust that holds the easement to choose between the two purposes when the easement, meant in part to protect the farm, threatens the farm\u27s continued viability. Neutral-impact amendments are amendments to working-land easements that allow farmers to improve farm production or viability without harming the conservation value of the easements. Such amendments seem beneficial: a land trust can advance one of its goals of keeping agricultural land productive–without sacrificing the other goal of preserving the conservation value of the land. By approving such an amendment, however, a land trust likely violates the private benefit doctrine and risks losing its tax-exempt status. This Note argues that the IRS should explicitly decide not to apply the private benefit doctrine to neutral-impact amendments of farmland and working-land conservation easements

What Can We Learn About the Sensitivity of Investment to Stock Prices with a Better Measure of Tobin's q?

This paper examines the responsiveness of investment to q (i.e., the ratio of a firm's market value to the replacement cost of its assets) using data on a unique type of firm: Real Estate Investment Trusts (REITs). For REITs, we have high quality estimates of the net asset value of the firm that we use to create relatively accurate measures of Tobin's q. In addition, REITs have institutional features that mitigate some of the complications faced by previous studies. We have three main results. First, there is little evidence of a statistical link between REIT investment and a traditional accounting-based measure of q. Second, REIT investment is highly sensitive to estimates of q that are based on analysts' appraisals of asset value. A REIT whose NAV-based q ratio rises from 1.0 to 1.1 will increase its assets by 4.3 percent in the next year. Third, the difference between the appraisal-based measure of q and the traditional accounting based measure typically increases with the age of the firm's assets and varies across types of properties. These results suggest that measurement error in q can lead to appreciable downward biases in investment sensitivities, even in an industry that seems to meet many of the assumptions in Tobin's original paper, but that Tobin's investment model performs well with a better measure of q.Investment; Tobin's q; Real Estate Investment Trusts

Performing class, performing genre : The squire of low degree as fifteenth-century drag

Despite the expansion of Judith Butler's theories of performativity which have proliferated since the publication of Gender Trouble: Feminism and the Subversion of Identity in 1990, few scholars have examined the implications that performativity may have for social class. Fewer still have considered how social class might be performed in the premodern text. In this thesis, I examine how the economic language which pervades the little-studied fifteenth-century romance The Squire of Low Degree enacts a socioeconomic iteration of Butler's theory of performativity. This performance of social class occurs primarily in the speeches of this romance's courtly characters and at the site of the squire's body, as he attempts to rise above his ascribed social class to become a knight and qualify as a suitable partner for his beloved, born of royalty. Finally, this thesis demonstrates not only the social performativity within the poem's narrative, but also the classed performance enacted by the genre of the romance itself, producing a medievalist fantasy of social mobility for the increasingly prominent late medieval gentry classes itself, producing a medievalist fantasy of social mobility for the increasingly prominent late medieval gentry classes.Englis