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Political Economy

Through its research, teaching, and course development, the Stanford GSB political economy group has consistently led the way in business schools’ awakening to the enormous impact of nonmarket forces on business practice and performance.

Political economy courses blend cutting-edge research with contemporary business cases. Spanning theory and practice as such provides future managers with systematic frameworks for understanding behavior outside the traditional sphere of markets. Important features of the nonmarket environment include strategic aspects of NGOs and activists; business-government relations in lawmaking, rulemaking, and regulation (locally and globally); the legal environment of business; and the interplay of strategy and ethics.

The political economy faculty is composed of world-class economists and political scientists whose research epitomizes the unique benefits of rigorous interdisciplinary social science. The faculty not only strives for excellence in its own research and teaching but also takes pride in its incomparable PhD Program, which regularly trains the world’s best new political economists.

Recent Journal Articles in Political Economy

Katherine Casey
American Economic Review. August
2015, Vol. 105, Issue 8, Pages 2410-2448
Saumitra Jha
Quarterly Journal of Economics, forthcoming. August
2015, Vol. 103, Issue 3
Keith Krehbiel, Adam Meirowitz, Alan Wiseman
Political Science Research and Methods. July
2015, Vol. 41, Pages 1-26
Laurence C. Baker, Mary K. Bundorf, Daniel P. Kessler
Health Affairs. May
2015, Vol. 34, Issue 5
Alexander V. Hirsch, Ken Shotts
Forthcoming in American Economic Review.