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Full-Text Articles in Economic Theory

Free Trade And Corporate Social Responsibility: Ethical Dilemmas In Global Economic Development, Sarah Papion Dec 2018

Free Trade And Corporate Social Responsibility: Ethical Dilemmas In Global Economic Development, Sarah Papion

Capstone Projects and Master's Theses

Through the lens of the free-trade-optimist, it is black and white: corporations bring jobs, and jobs equal a happy and healthy economy. A major oversight in this neoliberal Utopian ideology is that corporations are not in the business of building communities, nor do they have an interest in keeping their operations stationary enough to allow economic growth to occur over a span of years. Corporations abandon communities as quickly as they arrive to find their next cheap labor hub. Quite contradictory to the original purpose of free trade, economic growth in Free Trade Zones is not long term or secure. …


Opioids And Unemployment, David Robinson Jan 2018

Opioids And Unemployment, David Robinson

Williams Honors College, Honors Research Projects

There has been a ton of research in economics about the effects of drugs on the employment status of individuals. These papers have looked at the effects mainly pertaining to Marijuana and Cocaine, however this paper will be examining the effects of the opioid Heroin. As a first of its kind paper I will examine the relationship between employment and heroin use. To test this connection I have compiled data from the National Survey on Drug Abuse and Health. Through the use of two econometric models: OLS and Two Stage Least Squares models I will uncover the connection we can …


The Arts In The United States: Can The Arts Become A Public Good?, Alexander Van Der Veen Jan 2018

The Arts In The United States: Can The Arts Become A Public Good?, Alexander Van Der Veen

Senior Projects Fall 2018

Senior Project submitted to The Division of Social Studies of Bard College.


'Once Were Warriors', Now We're Unemployed: A Solution For New Zealand's Persistent Unemployment, Jack Eammon English Jan 2018

'Once Were Warriors', Now We're Unemployed: A Solution For New Zealand's Persistent Unemployment, Jack Eammon English

Senior Projects Fall 2018

The economic policies of New Zealand have tended to reflect the economic orthodoxies of academia at any given time. Given that adherence to economic ‘truth’ as espoused by neoclassical economics is supposed to engender allocative efficiency and general equilibrium, this paper takes just one variable - unemployment - and explores why its market has continually failed to clear. Both demand and supply side factors are explored through a survey of the literature on employment determination, and a theoretically robust solution is proposed in the tradition of Modern Money Theory.


Welfare-To-Work: The Effect Of Childcare Subsidies On Labor Force Participation Rates For Low-Income Single Mothers, Ariana Cubela Jan 2018

Welfare-To-Work: The Effect Of Childcare Subsidies On Labor Force Participation Rates For Low-Income Single Mothers, Ariana Cubela

Williams Honors College, Honors Research Projects

The allocation of funding toward childcare has historically been debated due to conflicting views on the effect childcare subsidies have on low-income, single mothers. Some suggest that federal, state and local funding could put the money allocated for childcare subsidies to better use – or perhaps that there is no need for additional federal, state and/or local funding. However, there is sufficient evidence that children raised in a family structure with low-income single mothers may face long-term negative consequences not only socially, but also economically. An increase in labor force participation rates as a result of childcare subsidies not only …


The Effects Of An Increasing Federal Minimum Wage On Federal Unemployment And Job Automation Levels, Kiana Krayeski Jan 2018

The Effects Of An Increasing Federal Minimum Wage On Federal Unemployment And Job Automation Levels, Kiana Krayeski

Honors Undergraduate Theses

The industrial revolution was the start of increasing technological advancements that are continuing to grow today. Technology improves accuracy, efficiency and is more productive in comparison to human labor as it does not require breaks and cannot violate any labor laws. With many innovations available today, firms have more options to choose from and can select the relatively cheaper solution. The push for a fifteen-dollar minimum wage affects the firm's options, and the use of technology might increasingly become the more viable choice. This study took data from the years 1993 to 2016 and created two regressions using the unemployment …