Farm transmission and the commercialization of agriculture in northern Maine in the second half of the 19th century

The transition to capitalism has been one of the most discussed issues in the historiography of the rural United States in the 18th and 19th centuries, but the typology, and the “market revolution” construed upon it, are problematic. The article explores some of these problems by examining the commercialization of eastern Canadian agriculture, which was a prolonged process starting in the beginning of the 19th century in the St. Lawrence–Great Lakes axis and ending during the 1960s in the outlying parts of Quebec, Ontario, and the Maritime Provinces. It is difficult to identify clear trends in the numbers yielded by evidence from this region for the time period in question. Highly commercial farms were more likely than the others to transfer all their property to their children. Deficit farmers were much more likely than the others to transfer all their property to outsiders. But the data do not support the view that farmers who were keen on turning their farms into moneymaking businesses adopted property transmission practices that were markedly different from the others. And before the 1830s, there was really no need to have strategies in place because land was plentiful.     

Financial investment via ADRs in Mexico and South America

American depository receipts (ADRs) are dollar-denominated, negotiable instruments issued by a depository bank to represent ownership of a foreign security in the bank's possession. They are the primary method employed by Latin American corporations to raise equity capital in the United States. One flequently overlooked aspect about ADRs is that their investment performance provides a gauge not only on management's performance but also a measure of the foreign government's ability to provide a political, legal, economic and social climate that is conducive to international investment. This paper investigates the returns and risks associated with foreign investment in Mexico and South America. First, we show that the weekly returns to Latin American stocks are weakly correlated with the U.S. stock market which suggests that they can reduce the risk of a portfolio that is fully diversified within the U.S. market. Second, we find that ADRs from this region are more risky than U.S. common stocks. However, we find little evidence that foreign exchange rate risk should be a major factor in the investment decision. Third, we examine the effects of the devaluation of the Mexican peso and show that political factors can significantly increase the risk and reduce the return to foreign investment. Finally, the results show that investors do not pay a significantly larger relative transaction cost premium for investing in Mexican and South American equity vis-à-vis U.S. common stock. We conclude that ADRs provide the ability for the U.S. investor to realize potentially superior gains from companies located in these emerging economies. However, the willingness by the U.S. investor to disinvest means that politicians and managers have a powerful incentive to continue reforms that lead to improved standards of living for their citizens and employees.     

Does the Restrictiveness of State Tax and Expenditure Limitations Affect State Revenues and Expenditures?

This paper examines the impact of tax and expenditure limitations (TELs) on state governments. We examine how TELs are represented in empirical modeling. We compare and contrast an index of state-level TEL restrictiveness to a simple dummy variable approach. We use a panel of data for the 50 U.S. states to capture changes in state TELs and a generalized method of moments (GMM) dynamic panel estimator. We find that results vary across the two methods of capturing the presence of TELs, suggesting that simple dummy variables are not sufficient to capture the heterogeneity of TELs across states and over time.     

Who's in charge? Lessons in discerning the source of authority for a rural local government's decision to retain od help

In the face of increasing demand in this era of “fend for yourself federalism,” greater numbers of university-based organization development consultants will likely be working closely with city and county governments in the coming years. Questions of authority to engage the consultant and to implement any new policies which result from the OD intervention process are not always easy to answer. This paper describes an illustrative case study in which failure to answer these questions resulted in the premature termination of an ongoing intervention. Lessons learned from this “failure” and steps which might be taken to avoid similar outcomes in comparable circumstances are discussed.     

Education for Child Labour: Evaluating the National Child Labour Policy in West Bengal,India

Transitioning child labourers from work to education is a key component of global efforts to eliminate child labour. In India, the National Child Labour Project is the central programme aimed at achieving this goal. This paper examines the operation of the project in the state of West Bengal using original survey data collected in 2008. The survey reveals a number of promising findings, including high rates of provision of both midday meals and free learning materials to students, as well as evidence of adequate schooling quality and availability. However, areas of concern were also identified, including irregularities in stipend payments to parents of child labourers who send their children to school and inadequate provision of free health services to children who attend school rather than work. These operational short-comings revealed by the survey reduce the incentive and ability parents have to send their children to school rather than work and, accordingly, undermine the effectiveness of the project.     

Issue-Related Learning in a Gubernatorial Campaign: A Panel Study

This study is based on data from a three-wave telephone panel survey conducted during the 1998 governor's race in Florida. The evidence suggests that a considerable amount of issue-related learning (having to do with candidate policy stands and group endorsements) took place over the course of the general election campaign, though substantial differences were observed from one issue area to the next. Further analysis indicates that learning was especially likely to occur among voters (a) who were more knowledgeable about political affairs to start with (confirming that the so-called “knowledge gap” may be exacerbated during campaigns), (b) who scored high on a measure of advertising negativity (for one candidate but not the other), and (c) who early in the campaign, read their local newspaper less frequently. Consistent with prior research, TV news appears to have done little or nothing to boost issue-based learning among the electorate.     

Attack and Response in Political Campaigns: An Experimental Study in Two Parts

Although there is evidence that negative advertising “works” at least some of the time, little is known about how candidates should respond when they are attacked. In this study, we proceed from the assumption that hard-hitting attacks on relevant topics (those that speak to how someone will perform in office), if well-crafted and credible, are most likely to have the desired outcome and, hence, are the ones that targeted candidates can least afford to ignore. We use data from two experiments, first, to confirm this assumption and, second, to assess the relative effectiveness of five response types: counterattacks, denials, counterimaging, justifications, and charges of mudslinging. Our results suggest that while some responses work better than others, there are a variety of ways, both positive and negative, to “reframe” a campaign attack so as to diminish its potential impact on voters.     

Sexual offenders with learning disabilities: risk,recidivism and treatment

Abstract

While the literature on the assessment, treatment and management of non-learning disabled sexual offenders is well established, it is only in recent years that researchers and clinicians have focused on sexual offenders with learning disabilities. In contrast to mainstream sex offender treatment programmes, there are few evaluated community-based treatment programmes for sexual offenders with learning disabilities, and of the small number of published studies that describe treatment programmes, most are based on small samples and few have been validated empirically. Sexual offenders with learning disabilities differ from their non-disabled counterparts in several important ways, having implications for management and treatment. Due to methodological differences between studies, the prevalence of sexual offending by men with learning disabilities is not clear. However, in some studies, the sexual recidivism rate of offenders with learning disabilities is 6.8 times and 3.5 times that of non-disabled sexual offenders at 2- and 4-years’ follow-up, respectively. Sexual offenders with learning disabilities are also at greater risk of re-offending in a shorter time period. There remains an urgent need for further research into the assessment of risk and whether components from mainstream treatment programmes can be adapted to meet the needs of learning disabled sexual offenders. Approaches to working with sexual offenders with learning disabilities and programme development are discussed.     

Neo-liberal biopolitics and the invention of chronic homelessness

Abstract

This article explores the emergence of neo-liberal housing policy and programmes in the United States, focusing in particular on the rise of social service initiatives targeting what is known as ‘chronic homelessness’. These initiatives are notable for the ways in which they privilege long-vilified populations for immediate placement into housing with no social or medical services required. While this represents a significant break from social service protocols that previously demanded compliance with service requirements, the article argues that understanding chronic homelessness initiatives as economic rather than social programmes reveals the ways in which they enable the reproduction of the same neo-liberal conditions that produce housing insecurity and deprivation. The article concludes by reframing housing issues in terms of racial subordination, which suggests that, in the neo-liberal context, social abandonment and economic investment may persist side by side.     

Do time restrictions on alcohol advertising reduce youth exposure?

Regulators may attempt to reduce youth exposure to alcohol advertising by restricting times during which alcohol ads may be aired on television or radio. The Netherlands introduced such a policy and found that teenage advertising exposure increased following the time restrictions. This study uses simulation analysis and a comprehensive database of television alcohol advertising to demonstrate that time restrictions are likely to reduce advertising exposure to the youngest viewers while increasing exposure for the high‐risk teenage population. Copyright © 2012 John Wiley & Sons, Ltd.