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The following paper consists of a review of sovereign debt sustainability economics and IMF debt sustainability frameworks, as well as a historical case study of Greece and a variable suggestion for the IMF to improve baseline assumptions. The purpose of this paper is to review the current methodology of perceiving

The following paper consists of a review of sovereign debt sustainability economics and IMF debt sustainability frameworks, as well as a historical case study of Greece and a variable suggestion for the IMF to improve baseline assumptions. The purpose of this paper is to review the current methodology of perceiving debt and improve upon it in the face of an increasingly indebted global economy. Thus, this paper suggests the IMF adopt the variable calculated in Reinhart and Rogoff (2009) as a new benchmark for determining debt sustainability of market access countries. Through an exploration of the most recent Greek crisis, as well as modern Greek financial and political history, the author of this paper contends the IMF should reduce the broadness of the MAC DSA, as it will make for better debt sustainability projections and assumptions in implementing debt program policy.
ContributorsJennings, Zane Phillips (Author) / Mendez, Jose (Thesis director) / Roberts, Nancy (Committee member) / Economics Program in CLAS (Contributor) / School of Politics and Global Studies (Contributor) / Barrett, The Honors College (Contributor)
Created2016-05
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Alternative currencies have a long and varied history, in which Bitcoin is the latest chapter. The pseudonymous Satoshi Nakamoto created Bitcoin as an implementation of the concept of a cryptocurrency, or a decentralized currency based on the principles of cryptography. Since its creation in 2008, Bitcoin has had a fairly

Alternative currencies have a long and varied history, in which Bitcoin is the latest chapter. The pseudonymous Satoshi Nakamoto created Bitcoin as an implementation of the concept of a cryptocurrency, or a decentralized currency based on the principles of cryptography. Since its creation in 2008, Bitcoin has had a fairly tumultuous existence that limited its adoption. Wide price fluctuations occurred as the appeal of free money by running a piece of computer software drove people to purchase expensive hardware, and high-profile scandals cast Bitcoin as an unstable currency well-suited primarily for purchasing illicit materials. Consumer confidence in the currency was extremely low, and businesses were extremely hesitant to accept a currency that could easily lose half (or more) of its value overnight. However, recent years have seen the currency begin to stabilize as businesses and mainstream investors have begun to accept and support it. Alternative cryptocurrencies, titled "altcoins," have also been created to fill market niches that Bitcoin was not addressing. Governmental intervention, a concern of many following the currency, has been surprisingly restrained and has actually contributed to its stability. The future of Bitcoin looks very bright as it carries the dream of the alternative currency forward into the 21st century.
ContributorsReardon, Brett (Co-author) / Burke, Ryan (Co-author) / Happel, Stephen (Thesis director) / Boyes, William (Committee member) / School of Politics and Global Studies (Contributor) / Department of Information Systems (Contributor) / Department of Finance (Contributor) / Barrett, The Honors College (Contributor)
Created2016-05
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A growing number of jobs in the US require a college degree or technical education, and the wage difference between jobs requiring a high school diploma and a college education has increased to over $17,000 per year. Enrollment levels in postsecondary education have been rising for at least the past

A growing number of jobs in the US require a college degree or technical education, and the wage difference between jobs requiring a high school diploma and a college education has increased to over $17,000 per year. Enrollment levels in postsecondary education have been rising for at least the past decade, and this paper attempts to tease out how much of the increasing enrollment is due to changes in the demand by companies for workers. A Bartik Instrument, which is a measure of local area labor demand, for each county in the US was constructed from 2007 to 2014, and using multivariate linear regression the effect of changing labor demand on local postsecondary education enrollment rates was examined. A small positive effect was found, but the effect size in relation to the total change in enrollment levels was diminutive. From the start to the end of the recession (2007 to 2010), Bartik Instrument calculated unemployment increased from 5.3% nationally to 8.2%. This level of labor demand contraction would lead to a 0.42% increase in enrollment between 2008 and 2011. The true enrollment increase over this period was 7.6%, so the model calculated 5.5% of the enrollment increase was based on the changes in labor demand.
ContributorsHerder, Daniel Steven (Author) / Dillon, Eleanor (Thesis director) / Schoellman, Todd (Committee member) / Economics Program in CLAS (Contributor) / Department of Psychology (Contributor) / Sandra Day O'Connor College of Law (Contributor) / School of Politics and Global Studies (Contributor) / Barrett, The Honors College (Contributor)
Created2016-05
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This paper explores how marginalist economics defines and inevitably constrains Victorian sensation fiction's content and composition. I argue that economic intuition implies that sensationalist heroes and antagonists, writers and readers all pursued a fundamental, "rational" aim: the attainment of pleasure. So although "sensationalism" took on connotations of moral impropriety in

This paper explores how marginalist economics defines and inevitably constrains Victorian sensation fiction's content and composition. I argue that economic intuition implies that sensationalist heroes and antagonists, writers and readers all pursued a fundamental, "rational" aim: the attainment of pleasure. So although "sensationalism" took on connotations of moral impropriety in the Victorian age, sensation fiction primarily involves experiences of pain on the page that excite the reader's pleasure. As such, sensationalism as a whole can be seen as a conformist product, one which mirrors the effects of all commodities on the market, rather than as a rebellious one. Indeed, contrary to modern and contemporary critics' assumptions, sensation fiction may not be as scandalous as it seems.
ContributorsFischer, Brett Andrew (Author) / Bivona, Daniel (Thesis director) / Looser, Devoney (Committee member) / Barrett, The Honors College (Contributor) / School of Mathematical and Statistical Sciences (Contributor) / Economics Program in CLAS (Contributor) / School of Politics and Global Studies (Contributor) / Department of English (Contributor)
Created2014-12
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Through collection of survey data on the characteristics of college debaters, disparities in participation and success for women and racial and ethnic minorities are measured. This study then uses econometric tools to assess whether there is an in-group judging bias in college debate that systematically disadvantages female and minority participants.

Through collection of survey data on the characteristics of college debaters, disparities in participation and success for women and racial and ethnic minorities are measured. This study then uses econometric tools to assess whether there is an in-group judging bias in college debate that systematically disadvantages female and minority participants. Debate is used as a testing ground for competing economic theories of taste-based and statistical discrimination, applied to a higher education context. The study finds persistent disparities in participation and success for female participants. Judges are more likely to vote for debaters who share their gender. There is also a significant disparity in the participation of racial and ethnic minority debaters and judges, as well as female judges.
ContributorsVered, Michelle Nicole (Author) / Silverman, Daniel (Thesis director) / Symonds, Adam (Committee member) / Dillon, Eleanor (Committee member) / Barrett, The Honors College (Contributor) / Economics Program in CLAS (Contributor) / School of Mathematical and Statistical Sciences (Contributor) / School of Politics and Global Studies (Contributor)
Created2014-12
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I will examine the relation between techne and virtue as it appears in Plato‘s dialogues and suggest that in order to adequately confront our greatest political and social challenges our understanding must move beyond mere scientific and technical knowledge and our practices must move beyond the political art taught by

I will examine the relation between techne and virtue as it appears in Plato‘s dialogues and suggest that in order to adequately confront our greatest political and social challenges our understanding must move beyond mere scientific and technical knowledge and our practices must move beyond the political art taught by Gorgias and Protagoras. It is my belief that the Platonic conception of virtue and the political art that aims toward that conception of virtue offer a paradigm that can help remedy today‘s arguably technocratic political condition. I begin this work by exploring the nature of techne as it was understood in ancient Greece, and arguing (contra Irwin) that Plato did not hold a technical conception of justice. Whereas each techne establishes an eidos (idea, form, blueprint) in advance, which can be clearly known and uniformly applied in each particular case, I argue that Plato‘s conception of justice leaves all substantive content to be filled out in each concrete situation, precluding the possibility of the anticipatory disposition that techne affords and demanding a certain degree of deliberation in each situation, with attention paid to the unique aspects of each particular set of circumstances. I argue that this conception of justice informs Plato's notion of a "political art" and suggest that this art requires constant attention to the unique attributes of each particular situation in which we find ourselves, and that the pre-interpretive prejudice of many modern ideologies and political-economic perspectives hinders our ability to see the particularity in each situation and thereby reduces our capacity for achieving justice in the historically-situated, concrete moment within which we always must act.
ContributorsOlsen, Tyler (Author) / Crittenden, Jack (Thesis director) / Ramsey, Ramsey Eric (Committee member) / Barrett, The Honors College (Contributor) / School of Historical, Philosophical and Religious Studies (Contributor) / School of Politics and Global Studies (Contributor)
Created2015-05
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This paper examines the development of United States drone policy outside of traditional battle zones. It poses the question of why do states use drones as a projection of force? In particular, the paper examines the expansion of the drone program within a system of democratic checks and balances. It

This paper examines the development of United States drone policy outside of traditional battle zones. It poses the question of why do states use drones as a projection of force? In particular, the paper examines the expansion of the drone program within a system of democratic checks and balances. It looks at the effect that political and legal influences have had on the expansion of the drone program and hypothesizes that the presence of these constraints should increase drone use outside of traditional battle zones. In order to investigate this hypothesis, the paper looks at data on drone strikes from Yemen and Somalia. The data partially supports the hypothesis as there has not been a clear linear increase in the number of drone strikes in each of these countries. Nevertheless, an examination of the surrounding literature regarding political and legal influences within these countries seems to favorably point to the increase of drone operations. Future research, however, needs to be cognizant of the limitations in gathering specific statistics on drone operations as these operations are covert. It's also important to understand how the covert nature of the drone operations impacts issues regarding political oversight and legality. Lastly, it's important to constantly examine the broader implications drone policy has for US policy.
ContributorsRajan, Rohit Subramaniam (Author) / Wright, Thorin (Thesis director) / Rothenberg, Daniel (Committee member) / Barrett, The Honors College (Contributor) / Department of Chemistry and Biochemistry (Contributor) / School of Politics and Global Studies (Contributor)
Created2015-05
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In this paper, I will be arguing for the adoption of compulsory voting legislation in the United States. More specifically, for the implementation of compulsory voting in all federal elections. I begin my paper by stating essential democratic principles and how they demand this kind of voting policy in a

In this paper, I will be arguing for the adoption of compulsory voting legislation in the United States. More specifically, for the implementation of compulsory voting in all federal elections. I begin my paper by stating essential democratic principles and how they demand this kind of voting policy in a country that prides itself as a beacon of democracy. Secondly, I will discussing voter suppression in the United States, both in the past as well as currently. My goal with this section is to show how compulsory voting would reduce voter suppression and bring about a democratically legitimate elected government. Thirdly, I will discuss how countries across the globe have already implemented compulsory voting in their elections. Primarily, I will show how Australia and Brazil require voting in their elections, as they are the most similar in size and culture to the United States out of the nations that currently operate with it. Lastly, I will refute any arguments against compulsory voting and argue why it is imperative for the United States to implement it in their elections.
ContributorsMontijo, Sean Jacob (Author) / Simhony, Avital (Thesis director) / Lennon, Tara (Committee member) / School of Politics and Global Studies (Contributor, Contributor, Contributor) / Barrett, The Honors College (Contributor)
Created2019-05
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Is nuclear power sustainable when compared to other energy sources? A truly sustainable energy source provides an environmental benefit, minimizes costs to consumers both socially and economically, and continues to do so in both the short and the long term. Taking the zero-carbon nature of nuclear generation as its net

Is nuclear power sustainable when compared to other energy sources? A truly sustainable energy source provides an environmental benefit, minimizes costs to consumers both socially and economically, and continues to do so in both the short and the long term. Taking the zero-carbon nature of nuclear generation as its net environmental benefit, this paper the evaluates the economic and social costs of nuclear power to determine if nuclear power's reputation as "unsustainable" is warranted. The sustainability of nuclear power is evaluated in two main categories. The first part focuses on the economics of nuclear power. There are many preconceived notions regarding nuclear power and its associated industry. This section addresses those notions to determine their validity given recent data. The prevalent types of nuclear plants across the U.S., the economics of the stages of nuclear energy production, and its competitiveness relative to other energy sources are addressed, culminating in an evaluation of its modern economic attractiveness as well as its future economic viability. A sustainability assessment would not be complete without addressing the social costs of an energy source, as a sustainable source must be both economically and socially viable. If it can be established that nuclear power can provide energy at lower rates and at a lower cost in terms of externalities, then it would be considered truly sustainable. To investigate those externalities, the second part of the analysis focuses on the human costs associated with the various stages of nuclear energy production. Those costs are then compared to those of alternatives sources of power, and selected case studies are examined to illustrate the ultimate risks associated with nuclear power operations. By quantifying these aspects and comparing the results to alternatives in the field, a better understanding of nuclear energy technology and its potential is achieved. The reader can then ascertain whether nuclear power's reputation as being "unsustainable" is, or is not, a reputation it deserves.
ContributorsRudolph, Alexander James (Author) / Miller, Clark (Thesis director) / Richter, Jennifer (Committee member) / School of Sustainability (Contributor) / School of Politics and Global Studies (Contributor) / Barrett, The Honors College (Contributor)
Created2018-05
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I argue that the most important value put in jeopardy by the Muslim Brotherhood's rise to power in post-Mubarak Egypt is not democracy but liberalism. Further, I find that that the lens of religion is insufficient to explain and understand the Brotherhood's illiberal tendencies. A review of the group's rhetoric,

I argue that the most important value put in jeopardy by the Muslim Brotherhood's rise to power in post-Mubarak Egypt is not democracy but liberalism. Further, I find that that the lens of religion is insufficient to explain and understand the Brotherhood's illiberal tendencies. A review of the group's rhetoric, along with an examination of the literature on collectivism and individualism, reveals that the Brotherhood's collectivist worldview is at the heart of its opposition to liberalism, an inherently individualistic value. I conclude that viewing the Brotherhood as a movement motivated by a collective sense of morality would provide policymakers and academics with greater insight into the group's behavior and policy positions, facilitating deeper comprehension and greater predictability.
ContributorsColthart, David Anthony (Author) / Gallab, Abdullahi (Thesis director) / Halverson, Jeffry (Committee member) / Simhony, Avital (Committee member) / Barrett, The Honors College (Contributor) / School of International Letters and Cultures (Contributor) / School of Politics and Global Studies (Contributor)
Created2013-05