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Lincoln's Tragic Pragmatism
A New York Times Book Review Editors’ Choice In 1858, challenger Abraham Lincoln debated incumbent Stephen Douglas seven times in the race for a U.S. Senate seat from Illinois. More was at stake than slavery in those debates. In Lincoln’s Tragic Pragmatism, John Burt contends that the very legitimacy of democratic governance was on the line. In a United States stubbornly divided over ethical issues, the overarching question posed by the Lincoln-Douglas debates has not lost its urgency: Can a liberal political system be used to mediate moral disputes? And if it cannot, is violence inevitable? “John Burt has written a work that every serious student of Lincoln will have to read...Burt re...
They Left Their Mark
William Austin Burt, son of Alvin Burt and Wealthy Austin, was born in 1792 in Petersham, Massachusetts. He married Phebe Cole in 1813 in New York. They moved to Michigan in 1824. He died in 1858 in Detroit, Michigan.
An Elaborate History and Genealogy of the Ballous in America
Maturin Ballou was settled in Providence, Rhode Island as early as 1646, where he married Hannah Pike. Four of their six or seven children survived. Descendants are scattered throughout eastern United States.
Structural Holes
Ronald Burt describes the social structural theory of competition that has developed through the last two decades. The contrast between perfect competition and monopoly is replaced with a network model of competition. The basic element in this account is the structural hole: a gap between two individuals with complementary resources or information. When the two are connected through a third individual as entrepreneur, the gap is filled, creating important advantages for the entrepreneur. Competitive advantage is a matter of access to structural holes in relation to market transactions.
