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This is my first post. Welcome.

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[Brian Jordan]

It is amazing how every time I learn something about history that I find profound, the more that I think about it the more obvious it becomes. While the readings that we were assigned this week do not state that the Revolutionary War was only caused by economic factors, they do place a high importance on economic instability as one of, if not the main reason the American colonies split from Great Britain. When I first read this I thought that that might be slightly narrow minded but the longer I thought about it the more accurate it became. The most recognizable quote from that time is probably "taxation without representation", and that is of course an economic (coupled with political) issue.

I do have one question that I hope this class will be able to answer for me, though unfortunately I do not think that it is a cut and dry issue. MY question is what is a corporation? I do not mean what is the Oxford Dictionary definition, but for the purposes of this class, in a historical context, what is a corporation? I have always had this idea of the first corporations starting up in the early 20th century and the iconic salesmen with their three piece suits on, but as one of Sal's readings points out the corporation existed at least as far back as the East India Trading Company goes.

In an effort to keep my first blog posting light, I wanted to leave you all with a quote (in lieu of an entire article) from Ambrose Bierce (an American writer who died in 1914), “Corporation: An ingenious device for obtaining profit without individual responsibility”