Digital Commons Network^™

Beyond The Romance: Teaching Financial Regulation With Public Choice And Austrian Economics

Journal of Economics and Finance Education

Money and banking students typically begin class assuming that markets fail routinely and that government regulation can prevent (or resolve) crises. We show that there is at least a reasonable doubt that financial intervention causes more harm than good. We then share a successful pedagogical approach to examining financial regulation, through the lens of three models of political economy: public interest, Austrian economics, and public choice theory. We examine nine categories of financial regulation using the standard public interest approach, integrated with Austrian and public choice critiques, to guide students through a critical assessment of financial regulation.

Class Observations: "Intimate" Technologies And The Poetics Of Reality Tv, Irmi Karl

Fast Capitalism

For some of us, one of the biggest surprises of the 2006 Big Brother show was not the winner, Pete Bennett, but, according to The Guardian newspaper, the fact that “[a]fter seven years, the BB brand is stronger than ever” (Lawson 2006:3). The fact that cultural critics are wishing the show away at the point at which it has reached its popular cultural zenith of mass appeal is significant in that it is indicative of a widely held position, which readily equates (mass) media culture with bad or low culture, frightening, out of bounds, vulgar and excessive (Skeggs 2005a). At …

William Leiss, Hera, And The Fate Of Science, Hans Kellner

Fast Capitalism

No abstract provided.

Modern Science, Enlightenment, And The Domination Of Nature: No Exit?, William Leiss

Fast Capitalism

"The disease of reason is that reason was born from man’s urge to dominate nature." —Max Horkheimer, Eclipse of Reason (1947)

In the fuller passage from which this extract is taken, Horkheimer locates the origins of the ‘collective madness’ of modern times in ‘in primitive objectification, in the first man’s calculating contemplation of the world as prey’ (176). Perhaps all one can say in response is, if this diagnosis is correct, there is certainly no cure, so we might as well get on with our lives.

In the early sections of this paper I will first note briefly the argument …

The Killing Fields Of South Africa: Eco-Wars, Species Apartheid, And Total Liberation, Steve Best

Fast Capitalism

No abstract provided.

Corporate Power, Ecological Crisis, And Animal Rights, Carl Boggs

Fast Capitalism

No abstract provided.

Full Issue, Fast Capitalism Editorial Team

Fast Capitalism

No abstract provided.

Bukan Hanya Tugas Istri: Pengaruh Penggunaan Kontrasepsi Suami Terhadap Kesehatan Mental Istri, Aldo Savira Adha Saputra, Elda L. Pardede

Jurnal Ekonomi Kependudukan dan Keluarga

Male participation in contraceptive use in Indonesia remains very low, while women continue to bear a disproportionate reproductive burden, including mental health impacts from contraceptive side effects. This study aims to examine the effect of husbands’ contraceptive use on wives’ mental health. The analysis utilizes data from the fifth wave of the Indonesia Family Life Survey conducted in 2014. Wives’ mental health is measured using the Center for Epidemiologic Studies Depression Scale - 10. The results of the binary logistic regression model indicate that husbands’ contraceptive use lowers the likelihood of wives experiencing depression. Additionally, being aged 25-49, having good …

High Prevalence Of Cerebrovascular Calcifications And Clinical Correlates In Indigenous Bolivian Forager‐Horticulturalists: A Population‐Based Observational Study, Giuseppe Barisano, Bavrina Bigjahan, Grant Schleifer, Maria Ashna, Wendy J. Mack, M. Linda Sutherland, James D. Sutherland, Helena C. Chui, Meng Law, Thomas J. Fischbach, Andrei Irimia, Nikhil N. Chaudhari, Daniel K. Cummings, Paul L. Hooper, Jacob E. Aronoff, Ellen E. Walters, Daniel Eid Rodriguez, Raul Quispe Gutierrez, Jesus Bani Cuata, Kenneth Buetow, Caleb E. Finch, Michael D. Gurven, Jonathan Stieglitz, Gregory S. Thomas, Randall C. Thompson, Benjamin Trumble, Hillard Kaplan, Margaret Gatz

ESI Publications

Background

Methods

Economic Outlook Of Battle Creek: Challenges And Opportunities, Iryna V. Lendel, Chloe Wieber, Sevrin Williams, Gerrit Anderson

Upjohn Institute Technical Reports

This report by the W.E. Upjohn Institute for Employment Research examines labor market dynamics in Battle Creek, finding that roughly 75 percent of jobs in the city are held by workers who live outside the city limits, with significant skill mismatches between city residents and local employer needs. This mismatch helps explain persistently low wages, elevated poverty rates, and high reliance on public assistance among city residents despite a strong manufacturing base and growing logistics, food processing, and machining sectors. Limited housing supply, inadequate public transportation, and childcare shortages further restrict residents’ access to employment. The report underscores the urgency …

Traditional, Online, Or Flipped Classes–Which Do Students Prefer?

Journal of Economics and Finance Education

This paper describes the creation of a flipped classroom based on experimentation, student feedback, and an instructor’s impressions about learning outcomes. Based on 601 student responses to a survey administered between 2014 and 2018 to lower and upper level economics classes at a four-year public university, this paper finds that the majority of students preferred flipped to traditional as well as to 100% online classes. Other results indicate that students preferred watching lecture videos to reading textbooks or attending in-class lectures, and preferred weekly-structured assignments over dailystructured assignments. However, findings indicate mixed student preferences with respect to flipped mastery.

Teachers' Knowledge And Attitudes About The Fed

Journal of Economics and Finance Education

A survey of teachers in the Fed's twelfth district investigates knowledge about how the central bank influences the economy. Focusing on teachers from different content areas, we find that teacher knowledge, for the most part, varies as expected given different teaching disciplines. Teachers are more aware of the Fed's goal of price stability than full employment and score relatively high on questions relating to current events. As well, teachers with more knowledge were more likely to have positive attitudes about the job the Fed was doing. We recommend improving Fed communications to improve economic education for teachers and the public.

Academic Correspondence, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A., PhD. (n.d.). Handwritten note regarding a review copy of Karl Marx’s theory of history [Handwritten note].

• Schroeder, S. (n.d.). Envelope addressed to Anwar Shaikh, PhD [Envelope].

• Schroeder, S. (2010, December 7). Postcard providing an update on the political economy department at the University of Sydney [Postcard].

• Kaltenberg, M. (n.d.). Thank-you note regarding a recommendation letter and acceptance to SOAS [Note].

• Ed. (2017, September 14). Postcard sent from Alberobello, Italy [Postcard].

• Champion Ward, F. (1982, July 17). Letter regarding retirement and professional relationships [Letter].

• Shaikh, A., PhD. (n.d.). Letter to Cy Gonick evaluating the work of …

  ---

  Go to article

The Topic Of Socialism In University Principles Of Economics Textbooks

Journal of Economics and Finance Education

Polls show that socialism is more accepted by the public than in many decades. University-age students are especially enthusiastic about socialism. Do economics textbooks address this important topic? This research surveys twenty university principles texts' coverage of socialism. We measure textbook coverage of socialism and characterize the coverage regarding various definitions of "socialism" and whether those definitions match current usages of the term. We also explore the coverage of the characteristics of socialism. We find that there is great variety in coverage, though scant coverage of the type of socialism that 49% of young people today view favorably.

Predictors Of Success In An Online Undergraduate Core Course In Finance

Journal of Economics and Finance Education

Because finance is a technically oriented business subject where competence in math and accounting plays a role in student success, we posit that technical knowledge, as proxied by math and accounting pre-tests, may predict success in an online undergraduate finance course. Since little or no lecture support is generally offered while taking an online course, students that struggle with math or accounting may have a greater challenge with the online format for a finance course. Accordingly, the purpose of this study is to evaluate the key determinants of success in an online core course in finance.

Teaching Students To "Do" Public Choice In An Undergraduate Public Sector Course

Journal of Economics and Finance Education

This paper discusses one approach to using writing assignments in an undergraduate public economics course to get students actively involved in doing public choice. Our goal is to provide an overview of the course and its writing assignments with an emphasis on how the scaffolding of assignments helps contribute to the development of interesting and publishable ideas in public choice. A course in public economics provides a good opportunity for an instructor to develop student interest in applied public choice.

Teaching Mathematical Economics Using Public Choice: The Median Voter Model

Journal of Economics and Finance Education

The median voter model (MVM) is a core model in public choice comparable to the demand and supply competitive market model in microeconomics. In this paper I introduce and discuss the mathematical treatment of a simple version of the model. This allows instructors to apply a wide range of concepts commonly introduced in a first undergraduate class in mathematical economics. The approach will help students to understand the interplay of concepts separately introduced during the first phase of the course. Hopefully the method will foster an interest in public choice through the study of one of its most important benchmark …

Political Failure In The Short- And Long-Run

Journal of Economics and Finance Education

This paper reviews the use of public choice throughout my principles of macroeconomic course. I highlight the numerous avenues that public choice can be used to explain macroeconomic policies and their consequences. These include fiscal, monetary, and trade policy and economic growth and development. By emphasizing the self-interested behavior of public officials, public choice can illuminate both shortand long-run macroeconomic outcomes.

Can Public Choice Theory Help Make Classroom Macroeconomics More Useful?

Journal of Economics and Finance Education

Classes in macroeconomics typically present versions of the dynamic aggregate demand/ aggregate supply framework to analyze short term fluctuations and optimal monetary policy responses to economic conditions. In these models an output market equilibrium condition is usually combined with a short run Phillips Curve and a monetary policy reaction function. Output, inflation and real and nominal interest rates are shown to respond to (exogenous) supply and demand shocks and interact with one another over time. These models fail to incorporate the fact that policymakers must be modeled as responding to their incentives given their constraints. Policy isn't usefully modeled as …

Teaching Public Choice Economics In A Public Finance Course

Journal of Economics and Finance Education

Public choice economics is often considered a sub or a separate field from public finance. Traditional public finance courses focus on public goods, externalities, and the solutions to these issues with an emphasis on expenditure and tax policy, addressing different types of taxation at different levels of government. This paper provides a means of integrating public choice theory into a public finance course to highlight the differences in these fields, but also the complementarity. While traditional textbooks touch on political decision-making and themes of public choice, I will explain how an instructor could incorporate these themes throughout the course.

Teaching Public Choice At The Master's Level

Journal of Economics and Finance Education

This article summarizes the pedagogical approaches I have taken in teaching public choice in a course that enrolls advanced business school undergraduates (majors in economics, mainly) as well as master's students in economics and political science. It starts with a brief overview of the field and then describes the course's content. I reproduce a recent syllabus and two representative homework assignments. Some learning "modules" are suggested and ways of evaluating students' mastery of public choice principles are discussed.

Using Film Clips To Teach Public Choice Economics: Take Two

Journal of Economics and Finance Education

Recent years have seen a trend away from "chalk and talk" toward alternative pedagogical approaches to teaching economics. Media clips, in particular, have been touted as a way to provide students with memorable and exciting exposure to economic concepts. Media clips are especially well-suited for teaching public choice economics because of the plethora of films and television shows depicting government activity. This paper documents how clips from popular movies and series such as "Cloudy with a Chance of Meatballs" and "House of Cards" can be used to teach public choice economics.

Ways Of Teaching Public Choice: Introduction To The Symposium

Journal of Economics and Finance Education

This symposium intends to shed light on distinctively public choice approaches to economic education. This introductory essay provides an overview of this symposium and its contributors. We first provide our rationale and motivation for assembling the special issue. We then describe the papers and their interactions.

Structural Empowerment And The Work Environment Of Nursing Home Care Workers In China, Yawen Ou

Lingnan Theses (MPhil & PhD)

China is experiencing a profound demographic transformation as its population ages rapidly, driven by declining fertility, increased longevity, and long-term effects of the One- Child policy. Traditional family-based elderly care has become increasingly unsustainable due to the pressures of the “4-2-1” family structure and the rising prevalence of empty-nest households. In this context, there is an increasing trend in institutionalized elderly care, accompanied by a growing demand for Nursing Home Care Workers (NHCWs). In spite of their vital importance, NHCWs often face heavy workloads, poor compensation, low recognition, and limited professional autonomy. This study explores the work environment and structural …

Time Spent Online And Student Performance In Online Business Courses: A Multinomial Logit Analysis

Journal of Economics and Finance Education

This study examines the determinants of academic achievement in online business courses. As a measure of effort, we use the total amount of time each student spent in the course. We estimate a multinomial logistic model to examine the odds of attaining one grade versus another depending on time spent online, GPA, and some demographic characteristics of students. Our findings suggest that extra effort can help a student move from letter grades F, D and C to grade B, but is less helpful for the move from B to A. For the latter improvement, a high GPA matters the most.

Attraction And Retention Of Faculty In A Non-Tenure Granting Environment

Journal of Economics and Finance Education

This paper examines the task of attracting and retaining faculty in a non-tenure granting environment. Our goal is to provide a framework for the future discussion of this issue and to develop a set of utility functions for the primary parties involved, namely, institutions of higher education and individual faculty members. Various strategies for attracting and retaining faculty members in a non-tenure-granting environment are evaluated in terms of their long-run implications.

Technology, Leadership, And Sustainability In The Post-Crisis Economy: Evidence From Lebanese Organizations, Dania Abbass, Habib Badawi

Arab Economic and Business Journal

This study examines how artificial intelligence integration, transformational leadership, and sustainability practices collectively influence organizational resilience and performance in crisis-affected Arab economies, with a focus on Lebanese organizations navigating compound disruptions. Using a convergent mixed-methods design, quantitative data were collected from 487 managers and employees across Lebanese organizations and comparative international samples in the education, finance, NGO, and tourism sectors, complemented by 32 semi-structured interviews. Results demonstrate that AI integration, transformational leadership, and sustainability practices significantly enhance organizational resilience and performance, with emotional intelligence and affective commitment serving as critical mediators. Organizations combining high implementation across all three dimensions achieved …

Green Runs: Colorado Cannabis Sales During Ski Season, Joshua H. Hess, Isabellle Bassock

Faculty Publications

This study examines the impact of ski tourism on Colorado’s retail marijuana (RMJ) sales, leveraging county-level sales data and ski resort characteristics. Using a two-way fixed effects model, we analyze seasonal variations in RMJ sales across counties with differing ski resort acreages. Our findings indicate that ski resort counties experience significant increases in RMJ sales during peak ski months (December–March), with the most prominent effects observed in counties with the largest ski resorts. The largest ski resort county– Summit County– sees an estimated seasonal increase of $4.35 million in RMJ sales. We estimate the isolated extra-state ski tourism effects and …

Decentralization And Trust: Institutional Design For Effective Governance, Michael A. Nelson

University Research

This study examines the relationship between decentralization and public trust in the civil service using a multidimensional framework that extends beyond conventional fiscal measures. Drawing on indicators of regional and local government autonomy across 47 countries from 1995 to 2018, the analysis yields four findings. Trust is higher when local governments, rather than regional authorities, lead service delivery; greater subnational financial self-reliance is positively associated with trust; oversight by higher tiers enhances accountability and citizen perceptions; and shared-rule arrangements that involve regional governments in national decision-making further bolster trust. Overall, the findings highlight the limits of fiscal decentralization alone and …

Strategic Decision-Making For Greenomina Decarbonization Efforts At Pt Pertamina (Persero), Fransisca Fitriastuti, Yos Sunitiyoso

BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi

This study explores the strategic decision-making process in implementing Greenomina, a digital transformation platform developed by PT Pertamina (Persero), a reputable state-owned energy company in Indonesia, to support decarbonization initiatives through carbon emission tracking and management. The analysis draws upon two frameworks: the Business Model Canvas (BMC) and the Digital Transformation Canvas (DTC). Greenomina primarily targets Scope 3 emissions, or indirect emissions from business travel and activities, by enabling employees to measure, document, and offset their carbon footprints. This study employed a qualitative approach, combining in-depth interviews and document analysis. The findings highlight key components of a successful digital business …