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

Jens Hainmueller, Dominik Hangartner, Giuseppe Pietrantuono
American Political Science Review. May
2017, Vol. 111, Issue 2, Pages 256-276

We study the impact of naturalization on the long-term social integration of immigrants into the host country society. Despite ongoing debates about citizenship policy, we lack reliable evidence that isolates...

Steven Callander, Gregory Martin
American Journal of Political Science. January
2017, Vol. 61, Issue 1, Pages 50-67

It is often said that the only constant is change itself. As time passes, the population grows, new technologies are invented, and the skills, demographics, and norms of the populace...

David Broockman, Daniel M. Butler
American Journal of Political Science. January
2017, Vol. 61, Issue 1, Pages 208-221

Influential theories depict politicians as, alternatively, strongly constrained by public opinion, able to shape public opinion with persuasive appeals, or relatively unconstrained by public opinion and able to shape it...

C. Christine Fair, Patrick M. Kuhn, Neil Malhotra, Jacob N. Shapiro
Quarterly Journal of Political Science.
2017, Vol. 12, Issue 1, Pages 99-141

How natural disasters affect politics in developing countries is an important question, given the fragility of fledgling democratic institutions in some of these countries as well as likely increased exposure...

Kirk Bansak, Jens Hainmueller, Dominik Hangartner
Science. October
14 , 2016, Vol. 354, Issue 6309, Pages 217-222

What types of asylum seekers are Europeans willing to accept? We conducted a conjoint experiment asking 18,000 eligible voters in 15 European countries to evaluate 180,000 profiles of asylum seekers...