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

Steven Liao, Neil Malhotra, Benjamin J. Newman
Nature of Human Behavior. February

Can exposure to discernible economic benefits associated with the presence of a high-socioeconomic status immigrant group reduce xenophobic and antiforeigner attitudes? We explore this question using the case of Chinese...

Jens Hainmueller, Dominik Hangartner, Dalston Ward
Science Advances. December
4 , 2019, Vol. 5, Issue 12

We provide evidence that citizenship catalyzes the long-term economic integration of immigrants. Despite the relevance of citizenship policy to immigrant integration, we lack a reliable understanding of the economic consequences...

Vasil I. Yasenov, Duncan Lawrence, Fernando S. Mendoza, Jens Hainmueller
Journal of the American Medical Association: Pediatrics. November
18 , 2019


Federal policy changes in 2002 and 2009 led some states to expand public health insurance coverage to non–US-born children and pregnant women who are lawful permanent residents during their...

Gabor Simonovits, Neil Malhotra, Raymond Ye Lee, Andrew Healy
Political Behavior (early access). October
15 , 2019, Pages 1-14

Policy feedbacks take place when public policies change mass participation and mobilize key constituencies. This can influence future rounds of policymaking and solidify government programs. We explore policy feedback in...

David Broockman, Nicholas Carnes, Melody Crowder-Meyer, Christopher Skovron
British Journal of Political Science (early access). October

Would giving party leaders more influence in primary elections in the United States decrease elite polarization? Some scholars have argued that political party leaders tend to support centrist candidates in...