Barrett, The Honors College Thesis/Creative Project Collection
Barrett, The Honors College at Arizona State University proudly showcases the work of undergraduate honors students by sharing this collection exclusively with the ASU community.
Barrett accepts high performing, academically engaged undergraduate students and works with them in collaboration with all of the other academic units at Arizona State University. All Barrett students complete a thesis or creative project which is an opportunity to explore an intellectual interest and produce an original piece of scholarly research. The thesis or creative project is supervised and defended in front of a faculty committee. Students are able to engage with professors who are nationally recognized in their fields and committed to working with honors students. Completing a Barrett thesis or creative project is an opportunity for undergraduate honors students to contribute to the ASU academic community in a meaningful way.
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Description
Regulations in the financial sector of the United States have had the same purpose of protecting the economy and consumers since their modern establishment. Deregulation in the 1980’s led to an environment that allowed banks to take on high risk choices. This, among other economic circumstances, lead to the 2008 Great Recession that brought down the United States and global economies. The government was forced to act with bailouts to keep many big banks from shutting down. Some were bailed out and others failed to keep the economy stable. In June 2009, the recession was over, but the recovery process was not. To help prevent another crash, the Dodd Frank Act was passed in July 2010. The act is a long and complex legislation with the main purpose of enforcing regulations to keep banks in check to prevent another recession. The Act’s enforcement was felt immediately, forcing businesses to adapt to its regulation standards. Opinions on Dodd-Frank are mixed. Some see it serving its purpose with regulating the financial sector and others see it being a costly burden that has slowed the progress of the economy. As the economy continues to evolve, we can expect changes to the regulations on the financial sector which will continue to cause businesses to adapt, change, and modify their operations.
ContributorsCastro, Jonathan Patrick (Author) / Jordan, Erin (Thesis director) / Sadusky, Brian (Committee member) / Department of Finance (Contributor) / Dean, W.P. Carey School of Business (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description
RIIIIING. The class bells ring to signal the end of the school day for Timmy and his classmates. Mrs. Clark, the boys’ sixth grade teacher, is in the middle of a vocabulary lesson, but as soon as the bell rings everyone rushes out the door. She sets her chalk down on the desk and waves goodbye to everyone as they head home. Timmy and his best friend, Ben, hop on their bikes and start their ride home.
Every day, the boys drive past Merlin’s Magic Shop on the way back from school. Today when Timmy and Ben ride past the store, Timmy sees something new in the window. It appears to be an old box. Wooden, a little worn in, but it still looks like something special.
The boys go inside to ask someone about the box. Towards the back of the store there is an older gentleman stocking the shelves. The gentleman sees the boys looking his way and he begins to head towards Timmy and Ben.
“How do you do?” the man asks. He can tell they are stealing glances at the box, too nervous to ask about it. He points towards the object in the window and says, “You know, that was my old magic box when I was a boy. I thought it looked like it might need a new home.”
Timmy thinks for a moment. The man seems a bit odd—could this really be magic or is he tricking us? By the way he talks, it’s as if he already knows what people are thinking. He knew right away that we wanted that box. He can be standing in the middle of an aisle and in the blink of an eye, he’s gone! Is he magic himself? The store is odd too. You won’t find more than two of an item in there. The store is full of wands and hats and capes, but none of them look the same. Nothing comes in packages or pretty boxes—everything comes as it is, as if it has been used before.
Every day, the boys drive past Merlin’s Magic Shop on the way back from school. Today when Timmy and Ben ride past the store, Timmy sees something new in the window. It appears to be an old box. Wooden, a little worn in, but it still looks like something special.
The boys go inside to ask someone about the box. Towards the back of the store there is an older gentleman stocking the shelves. The gentleman sees the boys looking his way and he begins to head towards Timmy and Ben.
“How do you do?” the man asks. He can tell they are stealing glances at the box, too nervous to ask about it. He points towards the object in the window and says, “You know, that was my old magic box when I was a boy. I thought it looked like it might need a new home.”
Timmy thinks for a moment. The man seems a bit odd—could this really be magic or is he tricking us? By the way he talks, it’s as if he already knows what people are thinking. He knew right away that we wanted that box. He can be standing in the middle of an aisle and in the blink of an eye, he’s gone! Is he magic himself? The store is odd too. You won’t find more than two of an item in there. The store is full of wands and hats and capes, but none of them look the same. Nothing comes in packages or pretty boxes—everything comes as it is, as if it has been used before.
ContributorsNictakis, Alexandra Marie (Author) / LaCroix, Kristin (Thesis director) / Sadusky, Brian (Committee member) / Morrison School of Agribusiness (Contributor, Contributor) / Department of Finance (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description
The current state of financial inequality in America is showing multiple economic and social problems that harm the American dream and legacy. It is found that increasing inequality causes slower GDP growth, underinvestment in human capital, and disproportionate shifting of political power to the rich. Researches show that Average Americans do not realize how severe inequality has gotten over the past few decades, but one thing is clear: What they thought as ideal distribution of wealth is nowhere close to the reality. In this thesis, I examine the current state of inequality and how it has changed since the 1980s. Then, I present reasons why inequality has been on an increasing trend and identify what economic policies lead to rising inequality. With analysis of Reaganomics (trickle-down economics), I make an argument that reducing taxes on the rich might provide a short-term boost in the national economy, but such policy soon encounters side effects and is unsustainable. Fighting inequality is an imperative step to boost the American middle class and maintain sustainable and stable economic growth. In order to relieve inequality down closer to what Americans picked as the appropriate level, I present two recommendations that can be effective in fighting inequality. One is to reform the tax policies to make it more progressive especially towards the top 5% and shift the tax burden from the bottom to the top, while implementing stricter regulations regarding tax evasion. Next is to provide disadvantaged students with better access to higher education by subsidizing public universities more and lowering FAFSA rate. Realizing one's earning potential starts with education, and higher education today is more important than any other time in the past. Once these solutions prove effective and inequality is relieved, America will be able to regain her reputation as land of opportunity and enjoy faster economic growth.
ContributorsOh, Jae Yoon (Author) / Hoffman, David (Thesis director) / Sadusky, Brian (Committee member) / Yim, Roy (Committee member) / Department of Finance (Contributor) / School of Geographical Sciences and Urban Planning (Contributor) / Barrett, The Honors College (Contributor)
Created2015-12