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A comparative study of economic development policy, and its relationship with local power structures and cultural and social relations, in two Maryland towns that have rejected development.
Community economic development is conventionally explained using one of two models: a market model that assumes individuals always attempt to maximize their wealth, or a growth model that assumes land use is controlled by real estate developers who invariably pursue outside investment as a way of increasing land values and creating jobs and opportunities. In the first edition of Community, Culture, and Economic Development, Meredith Ramsay's close study of two small towns on Maryland's Lower Shore demonstrated that neither model can explain why these communities, alike in so many ways, responded so differently to economic decline or why archaic hierarchies of race, class, and gender remain deeply embedded and poverty seems nearly intractable. Ramsay showed how the lack of economic progress in Somerset, Maryland's poorest county, can best be explained by factoring history, culture, and social relations into the investigator's research. In this second edition she discusses changes that have taken place in the county since the early 1990s, including the dramatic legal victory of the "Somerset Six" and the Maryland ACLU, which ultimately paved the way for the election of an African American to a top county position for the first time in history.
Incorporated in 1827, the Baltimore & Ohio Railroad was one of America's first railroads, and Maryland was its heart and soul. The Baltimore & Ohio Railroad's (B&O) creation was a tangible symbol of the Industrial Revolution, representing commerce and progress to towns along its route. Its headquarters and operations, centered in Baltimore, provided years of economic growth for the port city. This book contains images of well-known stations in Maryland, including Ellicott City Station, Gaithersburg Station, Camden Station, and the Mount Clare Shops--a self-contained industrial city, now home to the B&O Railroad Museum. Some stations still exist and are home to small museums or restaurants; others no longer stand, but images of them will remind even the casual historian of a time when railroads were a part of everyday life in America. Take a step back in time and revisit the sites, stations, and trains of the B&O that were once part of everyday life in Maryland and remember the glory of a bygone era.
Measuring Entrepreneurial Businesses: Current Knowledge and Challenges brings together and unprecedented group of economists, data providers, and data analysts to discuss research on the state of entrepreneurship and to address the challenges in understanding this dynamic part of the economy. Each chapter addresses the challenges of measuring entrepreneurship and how entrepreneurial firms contribute to economies and standards of living. The book also investigates heterogeneity in entrepreneurs, challenges experienced by entrepreneurs over time, and how much less we know than we think about entrepreneurship given data limitations. This volume will be a groundbreaking first serious look into entrepreneurship in the NBER's Income and Wealth series.
Surprisingly, the story of how William Walters and his son Henry created one of the finest privately assembled museums in the United States has not been told."--BOOK JACKET.