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Full-Text Articles in Social and Behavioral Sciences

The Impact Of Covid-19 And The Lockdown On The Uk Economy, Elliot Wylie Jan 2021

The Impact Of Covid-19 And The Lockdown On The Uk Economy, Elliot Wylie

Honors Program Theses

This thesis analyses the macroeconomic impacts of Covid-19 and the lockdown on the UK’s economy. GDP in the second quarter of 2020 fell by 19%, the largest quarterly decrease in GDP for the UK on record. Consumption and investment in this quarter decreased significantly resulting in the large decrease in GDP. The unemployment rate remained relatively low, for the large decrease in GDP, throughout the pandemic and only increased to 5.0% in December 2020. The effective Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme (SEISS) have kept unemployment low. The schemes have paid for 12.2 million workers’ …


Voter Rationality In The United States, Asael Marvel Jan 2021

Voter Rationality In The United States, Asael Marvel

Honors Program Theses

The decade preceding 2020 has brought into question the political rationality of the average American voter, as it seems many individuals may vote against what is best for themselves. This begs a simple question, are American voters voting in their won rational self-interest, this project looks into a myriad of theories on voter rationality and the processes behind how voters may calculate or come to their voter decisions in an election in order to answer these questions. Then using the 2012 Cooperative Congressional Election Survey creates a method to analyze whether a specific group within the US is voting rationally, …


Against Monetary Functionalism: A Social Ontology Of Money, James Payne Jan 2020

Against Monetary Functionalism: A Social Ontology Of Money, James Payne

Honors Program Theses

This paper explores the concepts of individualism and holism in social ontology through an analysis of the ontology of money by integrating insights from the Critical Realist tradition as well as the distinction between metaphysical grounds and anchors. In doing so it examines alternative explanations of money's ontology like the paradigmatic approach of John Searle. The results of the inquiry are then connected in relation to the models of social explanation in mainstream economics.


Globalization And Social Spending: Lessons For India, Ansh Jain Jan 2019

Globalization And Social Spending: Lessons For India, Ansh Jain

Honors Program Theses

As developing countries increasingly integrate themselves into the global economy, increased social spending is desirable to protect their vulnerable groups from rapid changes experienced by the economy associated with increased openness. However, while developed nations are largely successful in maintaining and increasing their social spending as a response to globalization, the case with developing countries is usually the opposite. We find that key determinants of this divergence between developing and developed countries stems from factors such as the extent of surplus and informal labor, quality of democracy and democratic institutions, and the power of unions. As India further integrates into …


Examining Renewable Energy And Economic Growth: Evidence From 22 Oecd Countries, David Neitzel Jan 2017

Examining Renewable Energy And Economic Growth: Evidence From 22 Oecd Countries, David Neitzel

Honors Program Theses

A growing amount of electricity is produced from renewable sources. For this reason, it is important to understand the effect that this developing industry has on economic growth. This paper examines this relationship between economic growth and renewable energy consumption within a multivariate framework using a panel of 22 OECD countries over the period 1995-2012. The results of the Fully-Modified Least Squares regression indicate a statistically significant, albeit small, negative relationship between real GDP and renewable energy. Granger Causality tests indicate bidirectional causality running between GDP and renewable energy. The small effect of renewable energy on growth implies that policies …


Climate Change Crisis: Prescribing Alternative Economic Policy Using An Austrian Framework, Elina N. Mcgill Jan 2017

Climate Change Crisis: Prescribing Alternative Economic Policy Using An Austrian Framework, Elina N. Mcgill

Honors Program Theses

This paper reviews the literature surrounding climate change adaptation and mitigation to assess the possible contributions and limitations of heterodox economics to climate change policy. Through interdisciplinary research between economics and environmental issues, this paper aims to stress the importance of utilizing heterodox schools of economics to create more pragmatic and dynamic policy. The secondary aim is to use Austrian frameworks to contribute to the construction of feasible, efficient, and equitable climate change policy. This paper used qualitative and textual analysis of the Austrian schools of economics conceptualize possible policy responses to climate change. Research found that the Austrian prescription …


Three Rationalities: An Exploration Of Three Views On Rationality In Economics, Martin Smith Sanders Iv Jan 2016

Three Rationalities: An Exploration Of Three Views On Rationality In Economics, Martin Smith Sanders Iv

Honors Program Theses

This paper conducts an exploration of three rationalities within economic thought: core, bounded, and ecological. Assumptions, policies and other key underpinnings of the rationalities are discussed and compared. Concluding remarks summarize the key points of each rationality and briefly discuss avenues for future research.


Copyrights And Creativity: The Affects Of Copyrights On Fairy Tales, Dina Arouri Jan 2015

Copyrights And Creativity: The Affects Of Copyrights On Fairy Tales, Dina Arouri

Honors Program Theses

This work attempts to argue for a correlative relationship between copyright law and the evolution of literary works. It uses the laws and common practices of intellectual property to achieve this hypothesis.