The American Economic Association dues structure

Article Abstract:

The American Economic Association (AEA) calculates the dues payment structure of its members on the basis of their annual income. A survey to determine the AEA members' income distribution in 1994 revealed that several members of the highest earning group paid the highest membership rate although it was entirely voluntary. The reasons for the members abstaining from cheating could be honesty, fear of penalties, and a sense of goodwill. Apart from revenue maximization, the income based dues structure also helps in maximizing membership while minimizing total revenue constraint.

Membership, Surveys, Tax research, Observations, Income distribution

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Between God and the market: the religious roots of the American Economic Association

Article Abstract:

The religious roots of the American Economic Association (AEA) lie in the Social Gospel movement. The most influential lay leader of this movement within Protestantism was economist Richard T. Ely, who regarded the AEA as his main way of bringing a specific view of Christian ethics into the economics profession. Ely was unable to achieve his ambition of making the AEA an ethical vehicle for the Social Gospel, but the new ethical economics promoted by Ely and the founders of the AEA had a genuine impact on US society and politics.

Religious aspects

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American economists in the progressive era on the minimum wage

Article Abstract:

Individual US states initially set up legislation on minimum wages and this was geared toward minors and women, starting with Massachusetts in 1912. Labor relations tended to be antagonistic in this period and workplace accidents were common. Immigration was also causing concern, and there were fears that immigrants could bring socialism and anarchism. Minimum wages were proposed as a way of making the labor market more efficient, as well as promoting social harmony.

History, Labor relations, Wages, Minimum wage

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