Corruption and Reform: Lessons from America's Economic HistoryEdward L. Glaeser, Claudia Goldin University of Chicago Press, 1 nov 2007 - 396 páginas Despite recent corporate scandals, the United States is among the world’s least corrupt nations. But in the nineteenth century, the degree of fraud and corruption in America approached that of today’s most corrupt developing nations, as municipal governments and robber barons alike found new ways to steal from taxpayers and swindle investors. In Corruption and Reform, contributors explore this shadowy period of United States history in search of better methods to fight corruption worldwide today. Contributors to this volume address the measurement and consequences of fraud and corruption and the forces that ultimately led to their decline within the United States. They show that various approaches to reducing corruption have met with success, such as deregulation, particularly “free banking,” in the 1830s. In the 1930s, corruption was kept in check when new federal bureaucracies replaced local administrations in doling out relief. Another deterrent to corruption was the independent press, which kept a watchful eye over government and business. These and other facets of American history analyzed in this volume make it indispensable as background for anyone interested in corruption today. |
Índice
II Consequences of Corruption | 123 |
III The Road to Reform | 185 |
IV Reform and Regulation | 283 |
Contributors | 373 |
Author Index | 375 |
Subject Index | 381 |
Otras ediciones - Ver todo
Corruption and Reform: Lessons from America's Economic History Edward L. Glaeser,Claudia Goldin No hay ninguna vista previa disponible - 2008 |
Corruption and Reform: Lessons from America's Economic History Edward L. Glaeser,Claudia Goldin No hay ninguna vista previa disponible - 2006 |
Términos y frases comunes
administration adoption affiliation American cities Andrei Shleifer benefits blended whiskey capital charter coal companies conflict constitution contracts corporations cost overruns courts Crédit Mobilier Crédit Mobilier scandal debt defined different difficult early economic effect efforts employers enforcement Erie Canal federal FERA figure finance financial find fire firms first Fishback five fixed food and drug franchise free banking funds Glaeser growth hazard ratios increase industry influence inspector interests Journal large firms legislation legislature manufacturing ment muckraking municipal newspapers nineteenth century nomic offered Office officials ownership papers partnerships party percent period political political corruption politicians population produced profits programs Progressive Era projects public ownership pure food rates reflect reform regulation regulatory relief rent seeking reported Republican Senate shareholders Shleifer significant social specific Steffens systematic corruption Tammany Hall Teapot Dome tion Troesken twentieth century University Press utility voting water systems waterworks workers York
Pasajes populares
Página 35 - Besides, sir, we have no election. If we were base enough to desire it, it is now too late to retire from the contest. There is no retreat but in submission and slavery ! Our chains are forged ; their clanking may be heard on the plains of Boston! The war is inevitable — and let it come! I repeat it, sir, let it come! It is in vain, sir, to extenuate the matter. Gentlemen may cry, Peace, peace; but there is no peace.
Página 46 - In the full enjoyment of the gifts of Heaven and the fruits of superior industry, economy, and virtue, every man is equally entitled to protection by law; but when the laws undertake to add to these natural and just advantages artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful...
Página 35 - We have petitioned, we have remonstrated, we have supplicated, we have prostrated ourselves before the throne, and have implored its interposition to arrest the tyrannical hands of the Ministry and Parliament. Our petitions have been slighted; our remonstrances have produced additional violence and insult; our supplications have been disregarded, and we have been spurned with contempt from the foot of the throne.
Página 144 - ... or such a fraudulent transaction completed or contemplated by the acting managers In connection with some other party, or among themselves, or with other shareholders, as will result in serious injury to the corporation, or to the interests of the other...
Página 46 - Equality of talents, of education, or of wealth can not be produced by human institutions. In the full enjoyment of the gifts of Heaven and the fruits of superior industry, economy, and virtue, every man is equally entitled to protection by law; but when the laws undertake to add to these natural and...
Página 187 - Burke said there were Three Estates in Parliament ; but, in the Reporters' Gallery yonder, there sat a Fourth Estate more important far than they all. It is not a figure of speech, or a witty saying ; it is a literal fact,— very momentous to us in these times.
Página v - Relation of the Directors to the Work and Publications of the National Bureau of Economic Research 1 . The object of the National Bureau of Economic Research is to ascertain and to present to the public important economic facts and their interpretation in a scientific and impartial manner.
Página 187 - Printing, which comes necessarily out of Writing, I say often, is equivalent to Democracy: invent Writing, Democracy is inevitable. Writing brings Printing; brings universal every-day extempore Printing, as we see at present. Whoever can speak, speaking now to the whole nation, becomes a power, a branch of government, with inalienable weight in law-making, in all acts of authority.
Página 36 - The powers of the government of this state are divided into three distinct departments — the legislative, executive and judicial— and no person, or collection of persons...
Página 46 - ... prostitution of our Government to the advancement of the few at the expense of the many, and in favor of compromise and gradual reform in our code of laws and system of political economy.
Referencias a este libro
Readings in Public Choice and Constitutional Political Economy Charles Rowley,Friedrich Schneider Vista previa restringida - 2008 |