Kevin Lavery Presents His Research Paper at the Eastern Economic Association Conference

Kevin Lavery Presents His Research Paper at the Eastern Economic Association Conference

On Saturday, February 22, 2025, Kevin Lavery presented his paper, “State Mandates on Sex Education and their Correlates to a Reduction in the Rate of Forcible Rape” in a faculty session at the Eastern Economic Association Meetings in New York City. Kevin’s paper analyzes the effect of state mandated sex education on the prevalence of forcible rape within states.

Using a traditional two-way fixed effects regression, Kevin finds that state mandates on sex education have a negative relationship to the rate of forcible rape. Holding all other variables constant, states with sex education mandates have 2.60 fewer reports of forcible rape per 100,000 citizens on average or roughly a 7% decline at the mean relative to states that do not have mandates on sex education.

Kevin then analyzes the timing of the effects to see how quickly these sex education mandates are associated with declines in forcible rape. He finds that these declines do not take place until eight or nine years after the sex education mandates are instituted.

Because the timing of sexual education mandates differs across states, two-way fixed effects regressions may result in bias estimates. To address this, Kevin uses the Callaway Sant’Anna (2020) and the Goodman-Bacon (2019) difference-in-differences estimation specifications to adjust for problems caused by differential treatment timing. In four of the five specifications using these estimation techniques, Kevin continues to find statistically significant declines in forcible rape following sexual education mandates.

Kevin did an outstanding job presenting his findings in a clear and concise manner. Many of those in the session commended Kevin on his approach and methodology. I am excited to support and follow Kevin as he continues to conduct research as an economics graduate student in the fall of 2025.

Tryston Weiss Presents His Undergraduate Research Paper at the Eastern Economic Association Conference

Tryston Weiss Presents His Undergraduate Research Paper at the Eastern Economic Association Conference

On Saturday, February 22, 2025, Tryston Weiss presented his paper, “Trapped by Design: Redlining and the Cycle of Poverty in the US Cities” at the Issues in Political Economy Undergraduate research sessions at the Eastern Economic Association Meetings in New York City. Tryston’s paper investigates how mortgage investment risk grading implemented by the Home Owners’ Loan Corporation (HOLC) in the 1950s is associated with lower income in 2010, and lower income growth between 1950 and 2010.

In the 1950s a series of mortgage investment risk maps were issued by the Home Owners’ Loan Corporation (HOLC) to provide potential lenders with a measure of risk at the census tract level. Those deemed riskier witnessed less opportunity for additional housing investment and therefore had less access to mortgage loan markets. Using Lee and Lin’s (2018) GIS based crosswalk to match 1950 Census tracts to 2010 Census tracts, Tryston finds that those deemed riskier in 1950 have lower average household income percentile ranks in 2010. 

However, the HOLC risk measure are an aggregation of many characteristics of the Census tract. To focus on the portion of the HOLC measure that may be due to racial discrimination, Tryston uses a two-stage estimation technique where he regresses the HOLC measure on economic characteristics that are often used when assessing credit worthiness for a mortgage, such as household income, average house value, and the average age of the home along with a measure of the share of those who are African American. This enables him to estimate the portion of the HOLC measure that is associated with racial discrimination. He then uses this racial discriminatory portion of the HOLC measure and finds that a standard deviation increase in the African American discriminatory component of the mortgage risk measure is associated with a 6.4 percentage point decline in the household income percentile rank of a census track from 1950 to 2010.

Tryston’s presentation was clear, well organized, and well received. He gained valuable feedback from his discussant and many audience members. Excited to see how Tryston incorporates these suggestions during the second half of his independent research class this spring.

Joseph Duty Presents His Undergraduate Research Paper at the Eastern Economic Association Conference

Joseph Duty Presents His Undergraduate Research Paper at the Eastern Economic Association Conference

On Friday, February 21, 2025, Joseph Duty presented his paper on the “Unintended Consequences: How the Different Implementations of Colonial Property Systems by the Spanish Effect Latin American Economic Development Today” at the Issues in Political Economy Undergraduate research sessions at the Eastern Economic Association Meetings in New York City. Joseph’s paper classifies former American Spanish territories into four categories based on their colonial property rights systems:

  1. The Mita Group: the Incan territory which saw the Spanish use a property system based on Incan traditions,
  2. Hacienda Group: the agrarian Hacienda system implemented by the Spanish in Central America,
  3. The Repartimiento Group: the initial territory of New Spain, now modern-day Mexico, where debt patronage was a common,
  4. The US States Group: the former Spanish territory that was seized by the United States in the Mexican American War.

He then investigates the relationship between these property rights regimes and current measures of economic development, human flourishing, and inequality. He finds that the historical property rights regimes under colonial rule still play a role in the current economic conditions of each of these regions. Joseph’s presentation was well received, and he gain valuable feedback from his discussant and many audience members.

What should be done about the lack of affordable housing in the Western NC region?

What should be done about the lack of affordable housing in the Western NC region?

On Tuesday, February 11th, The CSFE welcomed back the College Debates and Discourse Alliance’s Kayla Johnson to serve as our discussion leader on the topic:

What should be done about the lack of affordable housing in the Western NC region?

This is the first ABCD format discussion cohosted by CSFE. This new discussion format asks students to share their ideas with one or two participants nearby before sharing their ideas with the entire group. As each idea is shared with the group, participants are encouraged to then ask questions about the ideas presented. The first line of questions focused on the housing challenges faced by residents of western North Carolina by asking:

What is the heart of the issue for you?

After sharing in small groups, participants shared their knowledge and experience with the entire group. The challenges are many. One challenge that students felt strongly about is the high price of rent in Cullowhee. High rent is particularly a challenge for full-time students who are no longer guaranteed on-campus housing after their second year at WCU. Many students are worried that the lack of affordable housing might require them to transfer from WCU after their first two years. Other participants noted the longer work commute people often face so that their rent is manageable.

The second phase of the discussion asks: What should be done? Participants talked about ways to increase the number of houses through tax incentives and subsidies. Others brought up ways for the government to reduce building restrictions and bring higher paying jobs to the area. Each presenter fielded questions about their ideas and sought ways to persuade others about the way to move forward.

This enlightening event would not be made possible without the support of the Barnes Family Foundation and WCU’s own Melanie Lewis, Whitney McCall, and Brynne Murphy.

Campus Wide Discussion: What should be done about the lack of affordable housing in Western North Carolina?

Campus Wide Discussion: What should be done about the lack of affordable housing in Western North Carolina?

Housing in Western North Carolina is expensive. Surprisingly expensive. Those from other parts of the country often assume that because Western North Carolina (WNC) is rural, housing is inexpensive. Residents know otherwise.

On February 11th the CSFE along with the College Debates and Discord Alliance will co-host a discussion: What should be done about the lack of affordable housing in Western North Carolina? Food will be served at 6pm and the discussion starts at 6:30pm. Registration is here: A Braver Campus Dialogue – Western Carolina University Tickets, Tue, Feb 11, 2025 at 6:00 PM | Eventbrite

So why might this be an important topic? The first figure below is the average price of a three-bedroom house in 13 cities in North Carolina. Six are from Western North Carolina; seven are from other areas of the state. The six from WNC are Asheville, Boone, Brevard, Bryson City, Sylva, and Waynesville. The seven other NC cities are Charlotte, Durham, Fayetteville, Greensboro, Raleigh, Wilmington, and Winston-Salem. Which are WNC cities? Which are not?

What are your guesses? Do you think the top two are outside WNC? The top four?

As it turns out, the top four are ALL IN WNC: Boone, Brevard, Asheville, and Waynesville. The complete list is labeled in order of housing prices in the figure below.

Graduate Spotlight: Diana Esters (WCU 2024)

Graduate Spotlight: Diana Esters (WCU 2024)

We are always excited to highlight outstanding student-scholars who have played a vital role in Center’s projects and events. Diana Esters is a perfect example of such a student-scholar. In the fall of 2023, Diana was selected for the gift-funded, seminar class: Lunch over Liberty. The academic seminar hosted guest scholars who presented their ongoing research projects. Diana always offered excellent insights. Her questions often served as a focal point for ways the scholar could improve their working paper. In the spring of 2024, Diana was one of two WCU students to be named Lee Barnes Student Debate Fellows for the 2024 calendar year. As a fellow, Diana worked with me, another Western Carolina Student, and a College and Debates Discourse Alliance representative to hold two campus-wide debates in the spring and two in the fall. In the summer of 2024, Diana was intern at the American Institute of Economic Research (AIER) in Great Barrington, Massachusetts. Just before the final fall debate, I interviewed Diana to learn more about her experience at WCU and AIER.

Diana Esters (second from the right) at the American Council of Trustees and Alumni, Merrill Award Dinner, Reagan International Trade Center, Washington, DC, Oct. 24, 2024. Photos by: Zaid Hamid Photography. Copyright 2024. zaidhamid.com.

 
SM: Tell us a little about yourself.
 
DE: I am a senior at Western Carolina University studying Economics and Management. I am currently the lead Econ tutor with the Writing and Learning commons, as well as the Director of Communications for WCU’s Society for Human Resource Management chapter. 

 

SM: How did you learn about the AIER internship? 

 

DE: Professor Edward Lopez here at WCU shared the opportunity and information about the program with me last fall.

 

SM: What did you work on while at AIER?

 

DE: A majority of my work time at AIER was spent developing and presenting a research project in which I explored how retail sales and wealth distributions affect velocity of money. In addition, I used my discoveries to write an op-ed navigating wealth tax proposals through the lens of the velocity of money. 

 

SM: What did you learn while interning at AIER?

 

DE: The AIER internship explores a world of topics from Austrian economics, externalities, and public choice as well as the gold standard, monetary policy, and crypto currencies. Not only did I learn about these foundational concepts in lectures, but I got the opportunity to engage with these ideas in my research, with AIER fellows, and truly gain a glimpse into the field of economics.

 

SM: What was a typical day like at AIER?
 

DE: The workday mostly consisted of independent work and any discussion seminars or lunch talks being held that day. Often work would take the shape of collaborating with other interns, grad fellows, and AIER scholars to advance each other’s research projects, or just to discuss and explore topics of interest.

 

SM: You also attended a week-long seminar this summer. Tell us a little bit about the seminar.

 

DE: I had the opportunity to attend The Summer Seminar in Classical Liberalism at Wabash College, hosted by AIER and The Stephenson Institute. This was a very interesting program that gives students the chance to meet other like-minded scholars and students and engage in lectures and discussions highlighting classical liberal thought. The seminar’s itinerary nicely incorporates interactive lectures, breakout discussion groups, and even fun events that give attendees the chance to engage with one another. 

 

SM: What are your future goals?

 

DE: Following my graduation from WCU in December I plan to attend graduate school to continue my studies in economics.

 

Diana is currently in Washington D.C. as a 2025 Washington Fellow with the Fund for the Americans Studies.
Is a vote for a third-party candidate a wasted vote?

Is a vote for a third-party candidate a wasted vote?

Election Day is less than two weeks away. As of Oct. 4, 2024, polls showed that 46.5% had an unfavorable opinion of Kamala Harris and 52.6% felt unfavorably toward Donald Trump. So, what about voting for a Presidential candidate from a different party?

On Wednesday, October 30th, the CSFE is co-sponsoring a debate on the resolution:

“A vote for a third-party candidate is a wasted vote.”

To participate, please register here: WCU Braver Angels Debate 10/30.

The event will take place in Forsyth 101. Food and beverage will be available at 6pm and the debate will begin at 6:30pm

See you soon!

Campus-wide debate No. 1 on the 2024 Election was a success!

Campus-wide debate No. 1 on the 2024 Election was a success!

On September 25th, the Center for the Study of Free Enterprise, Braver Angels, and the College Debate and Discourse Alliance cohosted a debate on the resolution:

Is Donald Trump a threat to democracy?

Over 95 students, faculty, and staff offered their views in support of and against the resolution. Speakers provided reasons for their opinions, and audience members asked questions to gain further insight into the speakers’ reasoning. Questions ranged from the robustness of our institutions to vote counting in Georgia, from Presidential power to January sixth, and from military authority to media bias. Many important avenues of thought were civilly and respectfully investigated and discussed. In the debrief, many students expressed how thankful they were that all speakers had a platform to offer their genuine thoughts and that those in attendance listened intently. One participant noted that there are so few welcoming spaces that allow for courteous, and yet probing questions on polarizing topics.

The debate would not have been possible without Braver Angel Fellows Kevin Lavery and Diana Esters. Kevin was an outstanding chair who ensured speakers and audience members had ample time to voice their opinions and ask questions in a seamless manner. Diana Esters served as the whip by encouraging audience members to present their thoughts and ideas to the entire group by speaking from the podium.

The debate was may possible by the generous support of the Barnes Family Foundation.

The second debate will take place on October 30th at 6pm in Forsyth 101. The resolution will be: “A vote for a third-party candidate is a wasted vote.” Registration for the October 30th debate is here: WCU Braver Angels Debate 10/30.

Hosting two campus wide-debates this fall: September 25th & October 30th

Hosting two campus wide-debates this fall: September 25th & October 30th

This fall the CSFE will continue to co-sponsor events that offer students the opportunity to listen, learn, and discuss potentially polarizing topics through two campus-wide debates. Because 2024 is an election year, we polled students about eight possible resolutions pertaining to the election. Therefore, the debates will share a common theme of voting and democracy.

On September 25th at 6pm in Forsyth 101, the College Debates and Discourse Alliance and The Center for the Study of Free Enterprise at Western Carolina University will cohost a debate: “Donald Trump poses a threat to democracy.” Registration for the September 25th debate is here: WCU Braver Angels Debate 9/25.

On October 30th at 6pm in Forsyth 101 participants will debate: “A vote for a third-party candidate is a wasted vote.” Registration for the October 30th debate is here: WCU Braver Angels Debate 10/30.

Debate

Both debates will kick-off with two speakers presenting their arguments in favor of the resolution and two speakers presenting their arguments against the resolution. The chair of the debate will encourage the audience to question the speakers’ ideas and provide a platform for attendees to offer their own perspectives on the resolution.

The debates will be facilitated by Braver Angels fellows Diana Esters (’25) and Kevin Lavery (’25). At each debate, one will oversee the parliamentary format and ensure civility in disagreement as the chair of the proceedings. The other will facilitate the debate by encouraging audience members to present their thoughts and ideas to the entire group by speaking from the podium.

Food and drink will be served beginning at 6:00pm followed by the debate at 6:30pm.