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Articles 1 - 7 of 7
Full-Text Articles in Economics
Mexico: Neoliberalism, Popular Grievances, And The Rise Of Andrés Manuel López Obrador, Irving Cortes-Martinez
Mexico: Neoliberalism, Popular Grievances, And The Rise Of Andrés Manuel López Obrador, Irving Cortes-Martinez
Honors Theses
Andrés Manuel López Obrador, commonly referred to as AMLO, has become Mexico’s first leftist president in over seven decades. He has promised to get rid of Mexico’s problems through a peaceful but radical transformation, while placing the needs of the people first. For the past three decades, the nation’s political and economic systems have failed to create positive results. Mexico currently faces mass inequality and poverty, corruption and impunity, and insecurity and organized crime. Through his political activism and most importantly, his political narrative, AMLO has become a popular actor and is seen as the president who will implement lasting …
Extraordinary Episodes Of Ancient Money, Francis Louis Kailey
Extraordinary Episodes Of Ancient Money, Francis Louis Kailey
Honors Theses
The spread of coins, which occurred throughout the archaic and classical periods of Greece, was a foundational advancement toward forms of the modern economy. Modern theory has sought to explain the invention of coins with a variety of narratives. Generally, these narratives fall into two broad categories: market-driven monetization or state-driven monetization. On the one hand, some theory argues that coins developed from reducing private transaction costs. On the other hand, some theorists argue that the state benefitted from reductions in administrative costs from the use of coins and therefore undertook the cost of minting them. This thesis problematizes these …
Banking Efficiency Within The World’S Largest Banks: Application Of Data Envelopment Analysis To The Global Financial Crisis Of 2008, Devin Coffey
Honors Theses
The world’s financial system is one of the globe’s most powerful structures, however the institutions that make up this network of banking firms are certainly not immune to the pressures of market globalization and technical innovation that drive change within the financial landscape. In order to exist within such an environment, the world’s largest commercial banks must constantly reevaluate the ways in which they function in order keep pace in the competitive market. The objective of this paper is to examine the efficiency of ten of the world’s largest commercial banks during the period spanning from 2006 to 2015. Utilizing …
The Impact Of Wealth And Sentiment On Consumption: Before And After The Great Recession, Joshua Schwartz
The Impact Of Wealth And Sentiment On Consumption: Before And After The Great Recession, Joshua Schwartz
Honors Theses
I study the impact of consumer sentiment and the wealth effect on aggregate U.S. consumption before and after the Great Recession. First I will introduce a background of the 2008 financial crisis and some major factors leading up to it. I will discuss both the Michigan Consumer Sentiment index as well as the Conference Board's Consumer Confidence index. I will also discuss several measures of net worth relevant for my study. Second I will discuss the relevant literature and the main findings that correspond to my thesis. Third I will present the methodology used for my thesis and the several …
Capitalism In Ancient Rome And Ancient Greece: Risk And Unethical Business, Sam Goldman
Capitalism In Ancient Rome And Ancient Greece: Risk And Unethical Business, Sam Goldman
Honors Theses
This thesis compares the business practices of the upper classes of ancient Greece, and ancient Rome. Specifically, I dissect the business decisions that were made with an effort to increase social status. I will focus on the relationship between the social perception of material wealth and the risk or (unethical business practices) that ancient members of the upper classes faced when they attempted to increase their material wealth. In my first chapter I look at the issuance of maritime loans and the risk associated with this type of finance. I discuss the origin of the business, some of the factors …
Automobiles Autarky And Authority: The Effects Of Nazi Centralized Economic Planning 1932-1942, Andrew Stinchfield
Automobiles Autarky And Authority: The Effects Of Nazi Centralized Economic Planning 1932-1942, Andrew Stinchfield
Honors Theses
This thesis examines the benefits and drawbacks of Nazi centralized economic planning. From an entirely political and economical standpoint, Hitler and the National Socialists’ highly regulated and restrictive policies were initially beneficial for Germany because they created a centralized economic vision and improved national morale. The liberal ideology of the Weimar Republic resulted in major class divisions within the nation, where laissez-faire economics left middle-citizens marginalized and at the mercy of profit-seeking big businesses. The Wall Street Crash of 1929 exposed the weaknesses of liberalism and resulted in a massive rise in political resentment. The regime accumulated power because their …
How To Maximize The Profit For Bidder And Seller In A Sealed-Bid Second-Price Auction, Wei Yu
How To Maximize The Profit For Bidder And Seller In A Sealed-Bid Second-Price Auction, Wei Yu
Honors Theses
With a history of more than 2500 years, auctions have long been used to negotiate the exchange of goods and commodities. In an auction, bidders compete with rivals by submitting bids depending on their personal evaluations of the goods. The good is allocated to the bidder who offers the highest bid. There are many different types of auctions, but four major ones are primarily concerned by economists and researchers--the English auction, the Dutch auction, the sealed-bid first-price auction and the sealed-bid second-price auction. My thesis mainly focuses on the characteristics of the sealed-bid second-price auction, with both continuous and discrete …