Political Economy Commons^™

The Impact Of Daca On The Labor Force: An Analysis On Non-Native Wage Growth, Chantal Balta

Scripps Senior Theses

Considering the recent efforts of the Trump Administration to rescind the Deferred Act for Childhood Arrivals (DACA), I wanted to explore how this policy has impacted the American labor market since its inception in 2012. Specifically, this paper discusses the impact of DACA on non-native wage growth. By using data from the American Community Survey from the years 2000-2016, we will use a difference-in-difference model to see the impact of the policy on immigrants recorded in the dataset by using the native-born labor force as a control. Initial results indicate that there is no statistically significant impact on non-native wage …

The Road To Human Emancipation - The Moral And Political Foundations Of Markets, William Shi

CMC Senior Theses

The thesis aims to provide both a real public ideology and the legal and socioeconomic structures to realize Karl Marx’s ideal of human emancipation. Marx argues that in capitalist society, the legal and political superstructure forces the ruling class to represent its interest as the public interest, which legitimizes the massive inequality in resources and social power. To demonstrate how to realize the substantive public interest, the two parts of the thesis have two goals. The first part aims to formulate a rightful candidate to the public ideology of human emancipation, which represents the substantive public interest rather than the …

Healthy And Unhealthy Responses To American Democratic Institutional Failure, Thomas D'Anieri

CMC Senior Theses

I have set out on the hunch that politics in America “feels different,” that we are frustrated both with our institutions as well as with one another. First, I will seek to empirically verify this claim beyond mere “feelings.” If it can be shown that these kinds of discontent genuinely exist to the extent that I believe they do, I will then explain why people feel this way and why things are different this time from the economic, political, and social points of view. Next, I will examine two potential responses, what I will call the populist and the institutional …

Policies And Politics Of Reform : The Governmentality Of Structural Adjustment In Urban And Rural Egypt, Gabriel Gluskin-Braun

CMC Senior Theses

This analysis explores the unique and tumultuous approach to reform in Egypt and addresses

the effects of the implementation of neoliberal policy tools. These tools included privatization, price

liberalization, deregulation, and land reform in both urban and rural areas. Based on these effects, this

analysis will argue that the benefits accrued by the political-economic elite created opportunities for

new patronage networks that upheld elite economic privilege through the process of liberalization

while a wide swath of Egyptians suffered the loss of limited privileges and protections from the state

established by Nasr and upheld by his successors. Consequently, the socialist-statist ‘social …

Trickle Down Nationalism: Interactions Between Liberal Nationalism And Colonialism In The Raj And Nigeria, Aaryaman Sheoran

CMC Senior Theses

The combination of nationalism and colonialism has remained understudied in academia, despite the important interaction between the two phenomena. European ideas bled over into their colonial empires and began to fill the power vacuum created by colonial enterprises. This study analyzes the impact of British colonialism on the development of national identity in British India and Nigeria.

British influences included large scale economic disruption, cultural reform through ‘westernizing’ the population and abolishing local customs, and creating a new set of institutions to replace traditional power centers. Inevitably, these factors created a nationalist surge across both the Raj and Nigeria, as …

Escaping The Snowstorm: Legal Rights And Economics In The Developing World, Zane Tolchinsky

CMC Senior Theses

In this thesis, I seek to provide a framework for developing nations making policy-decisions about legal rights, as in the realm of Rawlsian ideal theory, prescriptions for governments not living in conditions of moderate scarcity is lacking. I first springboard off Stephen Holmes and Cass R. Sunstein’s conclusion that “all legal rights are positive,” from their book, The Cost of Rights, to argue for the value of considering the economic implications of rights protections. I then propose that Holmes and Sunstein’s conclusion means that we can think of legal rights as goods to be purchased by governments. Next, I …

Buying Influence? An Analysis Of The Political And Economic Impacts Of Chinese Foreign Direct Investment In The European Union, Ethan Kable

CMC Senior Theses

This thesis analyzes the economic and political impacts of the recent influx of Chinese outward foreign direct investment (OFDI) into the European Union (EU). I consider the ways in which EU perceptions of Chinese OFDI have evolved over the course of the past decade as well as what attempts the EU has made at an institutional level to address challenges posed by Chinese investment. I contend that despite institutional efforts to respond to these perceived challenges – namely losing a technological edge, security concerns, and unreciprocated market access – Chinese OFDI in the EU has had a divisive effect. Not …

The Political Economy Of State Minimum Wage Laws And Legislator Voting Behavior, Sophia Helland

CMC Senior Theses

The Median Voter Theorem is a key concept in political economy, one that has been tested numerous times in the literature. However, it remains unclear the extent to which legislators respond to the needs of their district on a bill-by-bill basis. This paper seeks to understand the role of ideology and of local economic pressures that a state legislator faces when deciding how to vote on minimum wage legislation. Although some papers have examined legislator voting behavior on specific issues, this paper uses state legislatures and minimum wage bills to innovate on this existing literature in two key ways. First, …