In ‘Perfecting Parliament’ Roger Congleton applies the rational choice framework to explain two attributes of the democratization of the West from the medieval times to the early twentieth century, first the shift of policy making authority from the king to the parliament and second the...

The emancipation of the serfs is often viewed as watershed moment in 19th-century Russian history. However, this reform was accompanied by numerous others measures aimed at modernizing the Tsarist economy and society. Among these "Great Reforms" was the creation of a new institution of local...

There appear to be two seemingly contradictory images of economic change in the Islamic World and mixed evidence on whether Islamic societies have been open or conservative against modern ideas, technological advancements, and legal developments. Whereas a conservative attitude has been dominant...

This paper describes the compilation of an annual database on public expenditure on education, health and social security and other fiscal variables. It covers 32 upper and upper-middle income countries, between 1950 and 2008. The total includes 8 Latin American countries. The database was...

The United States today, according to most studies, is among the least corrupt nations in the world. But America's past was checkered with political scandal and widespread corruption that would not seem unusual compared with the most corrupt developing nation today. We construct a "corruption...

In 1841 and 1842, eight states and the Territory of Florida defaulted on their sovereign debts. Traditional histories of the default crisis have stressed the causal role of the depression that began with the Panic of 1837, unexpected revenue shortfalls from canal and bank investments as a result...

The paper examines the questions of how nonterritorial feudal governments in medieval central Europe emerged and what their tasks were, of how competition between these governments functioned, and of what consequences it had. The analysis leads to three hypotheses: (1) governmental...