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- All Subjects: Economics
- Member of: Barrett, The Honors College Thesis/Creative Project Collection
- Resource Type: Text
This paper will introduce UBI as a concept and a program to better understand its implementation around the world and the underlying theory of how to afford its sustained use. The paper examines several different implementation and funding mechanisms that are all focused on economic growth as the sole measure of success. It displays how UBI's program costs make it insufficient for further use under those metrics. This paper introduces the need to change the narrative to focus less on GDP-growth and more about the positive benefits of income distribution to raise the poverty line, decrease income inequality, and increase the overall well-being of each citizen in the United States.
In this paper, I cover the background and economic history of green buildings, including four case studies. Based on this exploration, I find that green roofs and walls are best suited to dense, highly paved cities with little capacity to expand their sewer systems. Green infrastructure is best suited for stormwater management to avoid combined sewer overflow (CSO) pollution and managing urban heat island (UHI) effects, while at the same time providing many positive externalities for people and the environment. Green buildings take those benefits and fit them into a smaller area (on roofs and walls), which is most applicable where tearing up pavement to provide more ground-level green space and expanding the sewer systems would be too costly.
Over the past twenty years, the United States has experienced what Dr. Thomas Philippon calls "The Great Reversal," or a slow drift away from the free market competition which defined the American economy for the last century, towards an increasingly oligopolistic consolidation of market power. What does this mean? For the average American, prices have increased, wages remain stagnant, quality has declined, and the variety of goods has diminished. The reason? The growing political power of incumbent firms, who use their established economic power to influence the political process in their favor, towards high barriers to entry and decreased antitrust scrutiny, through lobbying and the financing of campaigns. Or have they? "The Great Reversal," and hypotheses like it, are far from a consensus... This Thesis is a meta study of the literature surrounding domestic competition in the United States and the impact that the lobbying activity of industry leaders has on said competition. Analyzing over 20 papers covering economics, political science, and political economy, this Thesis argues that domestic competition in the United States has indeed declined over the past two decades and that the growing political power of firms, rather than "unique" technological or structural changes in the economy, has caused this drift away from free markets. Using this analysis, this Thesis further suggests a few solutions to "The Great Reversal" and restoring competition in the American economy.