university of chicago press corruption and reform lessons from americas economic history apr 2006

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university of chicago press corruption and reform lessons from americas economic history apr 2006

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[...]... Journal of Comparative Economics 31 (December): 751–73 Hofstadter, Richard 1955 The age of reform New York: Vintage Books Johnson, Ronald N., and Gary Libecap 1994 The federal civil service system and the problem of bureaucracy: The economics and politics of institutional change Chicago: University of Chicago Press Leite, Carlos, and Jens Weidmann 2002 Does Mother Nature corrupt? Natural resources, corruption, ... ranged from the moral and ethical values of princes and people to features of legal systems and political institutions In the late sevenJohn Joseph Wallis is a professor of economics at the University of Maryland and a research associate of the National Bureau of Economic Research This paper originated in a series of conversations with Claudia Goldin, whom I gratefully acknowledge Without her support and. .. for Economic Policy Research, April Olson, Mancur 1965 The logic of collective action: Public goods and the theory of groups Cambridge, MA: Harvard University Press 22 Edward L Glaeser and Claudia Goldin ——— 1982 The rise and decline of nations: Economic growth, stagflation, and economic rigidities New Haven, CT: Yale University Press Reinikka, Ritva, and Jakob Svensson 2004 Local capture: Evidence from. .. concept of systematic corruption The seminar in Early American History at the University of Maryland gave me a valuable opportunity to present the paper to historians, and their comments were invaluable Seminars at the Mercatus Center at George Mason University, the economics departments at the University of Maryland, Stanford University, and the University of California at Irvine, the World Bank, and. ..I Corruption and Reform Definitions and Historical Trends Corruption and Reform: Introduction Edward L Glaeser and Claudia Goldin Political Corruption: Today and Yesterday International measures of corruption rank the United States today among the lowest 10 percent of countries worldwide To most Americans, corruption is something that happens to less fortunate people in poor nations and transition... fees and healthy bribes.2 As late as the 1950s, reports Robert A Caro (2002, pp 403–13), cash-filled envelopes floated in the hallowed halls of the U.S Senate Harry Truman made it into Edward L Glaeser is a professor of economics at Harvard University and a research associate of the National Bureau of Economic Research Claudia Goldin is the Henry Lee Professor of Economics at Harvard University and director... director of the Development of the American Economy program and a research associate of the National Bureau of Economic Research 1 A growing literature in economic development has documented the extent of corruption in transition economies and poorer nations and its role in reducing economic growth The literature begins with Mauro (1995) and includes, for example, Hellman, Jones, and Kaufman (2003) and. .. role of wages and auditing during a crackdown on corruption in the city of Buenos Aires Journal of Law and Economics 46 (April): 269–92 Gaviria, Alejandro 2002 Assessing the effects of corruption and crime on firm performance: Evidence from Latin America Emerging Markets Review 3 (3): 245– 68 Glaeser, Edward 2003 Public ownership in the American city In Urban issues and public finance: Essays in honor of. .. Vishny 1993 Corruption Quarterly Journal of Economics 108 (August): 599–617 Steffens, Lincoln 1904 The shame of the cities Repr., New York: Amereon, 1957 Stigler, George J 1971 The theory of economic regulation Bell Journal of Economics and Management Science 2 (Spring): 3–21 Svensson, Jakob 2003 Who must pay bribes and how much? Evidence from a cross section of firms Quarterly Journal of Economics 118... developed This chapter, and that by Bodenhorn, suggest the roles that separation of powers and intergovernmental competition can play in bringing about effective reform 3 Thomas Jefferson’s often-cited quotation makes a similar point: “The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.” Corruption and Reform: Introduction 7 Corruption: Definitions and Theory As Wallis’s . Depression and the American Economy in the Twentieth Century. The University of Chicago Press, Chicago 60637 The University of Chicago Press, Ltd., London © 2006 by the National Bureau of Economic. and Claudia Goldin The University of Chicago Press Chicago and London E L. G is professor of economics at Harvard University and director of the John F. Kennedy School of Government’s Taubman. h0" alt="" Corruption and Reform A National Bureau of Economic Research Conference Report Corruption and Reform Lessons from America’s Economic History Edited by Edward L. Glaeser and Claudia

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  • Contents

  • Acknowledgments

  • I. Corruption and Reform

    • Corruption and Reform: Introduction

    • 1 The Concept of Systematic Corruption in American History

    • 2 Limiting the Reach of the Grabbing Hand

    • 3 Digging the Dirt at Public Expense

  • II. Consequences of Corruption

    • 4 Corporate Governance and the Plight of Minority Shareholders in the United States before the Great Depression

    • 5 Water, Water Everywhere

  • III. The Road to Reform

    • 6 The Rise of the Fourth Estate

    • 7 Bank Chartering and Political Corruption in Antebellum New York

    • 8 Regime Change and Corruption

  • IV. Reform and Regulation

    • 9 The Irony of Reform

    • 10 The Determinants of Progressive Era Reform

    • 11 Politics, Relief, and Reform

  • Contributors

  • Author Index

  • Subject Index

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