Trade or raid: Acadian settlers and native Americans before 1755

Public Choice - Could North America have been settled more peacefully, with fewer property rights violations against Native Americans? To answer this question, we utilize the case of French...     

Types of Malingering in PTSD: Evidence from a Psychological Injury Paradigm

Psychological Injury and Law - The extent to which persons may feign or malinger psychological symptoms is an important concern for civil litigation, specifically in the context of personal injury....     

The impact of surplus sharing on the portfolio mix of public sector defined benefit pension plans: a public choice approach

The riskiness of state employee pension plan portfolios varies across states. We investigate whether this variation is related to how public employees and taxpayers share actuarial surpluses of pension accounts. We focus on two determinants of a plan’s asset mix: the relative influence of public employees to taxpayers; and whether a surplus-sharing contract is specified. Our theoretical model demonstrates that the effect of public employee influence on the asset mix is ambiguous. Our empirical results corroborate this complex theoretical result. In our theoretical and empirical analyses, if a surplus sharing rule is specified, plans adopt a more aggressive investment allocation.     

Adding rooms onto a house we love: Central banking after the global financial crisis

This article examines the extent to which central bankers have been willing and able to rethink their beliefs about monetary policy in the wake of the global financial crisis. We show that despite the upheaval, the core pre‐crisis monetary policy paradigm remains relatively intact: central bankers believe that they should primarily pursue price stability through targeting a low inflation rate in a transparent manner, and that they need operational independence in order to achieve this goal. In a bid to address post‐crisis conditions and maintain their credibility, however, central bankers have also layered new elements onto this paradigmatic core. We document both the resilience of pre‐crisis beliefs and the process of layering using computer‐assisted text analysis and qualitative analysis of 13,586 speeches given between 1997 and 2017 by central bankers from around the world.     

Agriculture in world history

What does food sovereignty look like?

Raj Patel

Hannah Arendt observed that the first right, above all others, is the right to have rights. In many ways, Via Campesina's call for food sovereignty is precisely about invoking a right to have rights over food. But it's unclear quite how to cash out these ideas. This Grassroots Voices section examines some of the difficulties involved in parlaying the right to have rights about food systems into practical solutions.     

FORGING ACADEMIC LINKS WITH ASIA

The author reviews the potential for forging academic links with Asia, the different models of engagement available, the balance between academic requirements and financial demands, the governance structures required for building successful, sustainable academic links and finally issues of quality assurance of teaching and research programmes being offered either jointly with partners in Asia or through off-shore campuses. This is the edited text of the Anniversary Lecture which he delivered after the Annual General Meeting on 11 June, 2008.