Nathaniel W. Smith

Entrepreneurship, International Trade, and Political Economy of War and Peace

Exploring the Foundations of Economic Growth


Long-run economic change is the cumulative consequence of innumerable short-run decisions by political and economic entrepreneurs. - Douglas North (1990)


I am an Assistant Professor in Economics at Sweet Briar College. 
 
 My research focuses on entrepreneurship, international trade, and the political economy of war and peace. I study the entrepreneur as the market system's driving force and the interaction between the entrepreneur and government.  My dissertation is titled "The Market Process: Entrepreneurship, Intervention, and the Role of the State.” My committee chair was Christopher Coyne.
 
My article "Alert-Judgment: Ford's Entrepreneurial Five-Dollar Day" is published in the Quarterly Journal of Austrian Economics (December 2021). "A Robust Analysis of Trade Policy: The Chicken & Lumber Wars" is now available in the Journal of Entrepreneurship and Public Policy (October 2022). I have a chapter forthcoming in the Oxford Handbook of Private Enterprise with Christopher J. Coyne and Abby R. Hall, "International Trade as a Peace Project." I am currently developing projects exploring the relationship between government and market institutions, and the influence of trade on conflict.
I received a B.A. in history from Michigan State University (1999), an M.A. in economics & entrepreneurship education from the University of Delaware (2017), and an M.A. (2020) and Ph.D. (2022) in economics from George Mason University. Before pursuing a Ph.D., I was a high school teacher at Chesaning Union High School (2010–18), where I taught economics, entrepreneurship, math, and founded an Entrepreneurship Club. 

Courses


Macroeconomics (Sweet Briar)

A perfect score on my evaluations, with 100% participation.

We study the canonical macroeconomic models to explain the wealth of nations and business cycles.


Managerial Economics (Sweet Briar)

Created to support the business majors

An application of economic theories, logic, and tools to business decision-making. Business dilemmas are analyzed and economic theory (with emphasis on game theory) is applied to make efficient decisions.


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Nathaniel W. Smith

Assistant Professor Economics Sweet Briar College



Sweet Briar College


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