This research seeks to identify the factors that account for the variation in development levels across nations by focusing on the institutional components of development, especially the effects of financial market development on economic and political development. I argue that financial market institutions are critical to economic and political development, and provide a partial explanation for the variation in development observed across nations. Financial market development affects political development indirectly through greater economic efficiency and growth and directly by reducing poverty, increasing economic equality, strengthening the middle class and increasing political participation. Increased financial market development also produces more efficient institutions and eliminates certain perverse incentives in government that result in corruption. The action mechanisms rest largely on the idea that increasing access to financial services allows the lower and middle- income segments of society to smooth their income and invest in high return activities that can lift people out of poverty. These improvements distribute both economic and intellectual resources throughout society and provide greater opportunities for political entrepreneurship from all societal groups. This, along with greater ability to participate either through monetary means or greater time, increases political participation and democratic development. Using a variety of econometric techniques to …

This dissertation addresses an ignored [partly for its controversial nature] aspect of Nietzschean philosophy: that of the role of modern woman in the creation of a future horizon. Details of the effects of the Enlightenment, Christianity and democracy upon society are discussed, as well as effects on the individual, particularly woman. After this forward look at the changes anticipated by Nietzsche, the traditional roles of woman as the eternal feminine, wife and mother are debated. An argument for the necessity of a continuation of the battle of the sexes, and the struggle among men and women in a context of sexual love and friendship is given. This mutual affirmation must occur through the motivation of pride and not vanity. In conclusion, I argue that one possible avenue for change is a Nietzschean call for a modern revaluation of values by noble woman in conjugation with her warrior scholar to bring about the elevation of mankind.

Executive orders are a significant source of presidential power although scholars disagree on the nature of that power. It has been argued that executive orders are an indication of a president's failure to persuade others to act as he desires; others contend that executive orders offer "power without persuasion." This dissertation introduces the conditional model of executive order issuance and duration in order to offer a synthesis to these competing views, and to offer a better understanding of the opportunities and constraints faced by the president when choosing to act unilaterally through executive orders. The conditional theory holds that both the issuance and duration of executive orders is a function of the president's ideological proximity to Congress and the Supreme Court, and the availability of fresh policy space.