The aim of this paper is to show the strategies of the Venetian Patricians (and those from the Mainland) face to the risk. The diversifications of investments (in all the economic sectors, as agriculture, manufacture, trade, public and private finance) and the flexibility in the domestic and...

We investigate the extent to which income measurement by major early 20th century U.S. railroads shows evidence of reduced income smoothing and increased conservatism following new fixed asset accounting rules issued by the Interstate Commerce Commission (ICC) in 1907 and 1908 and concurrent...

Bank regulators consider minimum capital standards essential for promoting well-functioning banking systems. Despite their existence, however, such standards have been insufficient to prevent periodic disruptions in the banking sectors of various countries. The most recent disruption was the...

This paper provides a comparative analysis of the Great Depression (1929-1933) and the Great Financial Crisis (2007-2009) by contrasting the crises' main driving forces and how they relate to each other with respect to the United States. To this end, causes, consequences and measures undertaken...

After the Latin American Debt Crisis of 1982, the official response worldwide turned to minimum capital standards to promote stable banking systems. Despite their existence, however, such standards have still not prevented periodic disruptions in the banking sectors of various countries. After...

The legal identity of on-demand platform workers has become a central site of conflict between labor and industry. Amidst growing economic inequality, labor representatives and workers have demanded that platform workers be afforded employee benefits and protections, including minimum wage and...

In this essay, I try to rebut some of the skepticism about the possibility of business narrative, not directly (by engaging the theory), but obliquely (by giving an example of the practice). I hope to illuminate a few aspects of the utility of business narrative by examining the telling of a...

What accounts for the rise in income inequality since the 1970s? According to most economists, the answer lies in structural changes in the economy - in particular, technological changes that have raised the demand for highly skilled workers and thereby boosted their pay. Opposing this...

Hitler rose to power in Germany in 1933. The result was World War II. Perhaps the war could have been avoided if Hitler had not become chancellor of Germany, or maybe World War II was inevitable because of the poor terms Germany received in the Treaty of Versailles. ChatGPT was asked to write an...

Congressional intent concerning the independence of the Federal Reserve matters because it protects the public from the politicization of monetary policy. Attempts to subordinate monetary policy to the President could easily end up in front of the Supreme Court. The outcome of such a case would...