Humanities and Social Sciences Colloquium
Spring 2023
Co-organizers: Arif Camoglu & Jia Miao
Program Associate: Almee Wang & Gillian Hu
Co-organizers: Arif Camoglu & Jia Miao
Program Associate: Almee Wang & Gillian Hu
College-Major Choice to College-then-Major Choice:
Experimental Evidence from Chinese College Admissions Reforms
One of the most important mechanism design policies in college admissions is to let students choose a college major sequentially (college-then-major choice) or jointly (college-major choice). In the context of the Chinese meta-major reforms that transition from college-major choice to college-then-major choice, we provide the first experimental evidence on the information frictions and heterogeneous preferences that students have in their response to the meta-major option. In a randomized experiment with a nationwide sample of 11,424 high school graduates, we find that providing information on the benefits of a meta-major significantly increased students’ willingness to choose the meta-major; however, information about specific majors and assignment mechanisms did not affect students’ major choice preferences. We also find that information provision mostly affected the preferences of students who were from disadvantaged backgrounds, lacked accurate information, did not have clear major preferences, or were risk loving.
Capital markets with Chinese characteristics
Johannes Petry is a political economist researching the changing dynamics of financial globalization and its impact on the norms, institutions, and power dynamics that underpin the global economy. His main focus is thereby China’s economic rise and post-crisis transformations of the global financial system and he is currently the Principal Investigator of the DFG-funded StateCapFinance research project at Goethe University Frankfurt. Building on the notion that capital markets are not uniform but influenced by their institutional environment, this project explores whether capital markets in emerging markets function differently, fulfill different socio-economic roles, and lead to different societal outcomes than ‘global’ capital markets. He is also a Research Fellow at the Centre for the Study of Globalisation & Regionalisation (CSGR), University of Warwick.
Capital Markets with Chinese Characteristics' researches the development and organisation of Chinese capital markets, focusing on the role that (stock and derivative) exchanges and financial infrastructures play as crucial actors in processes of capital market development. The book argues that capital markets are not uniform entities and that capital markets in China function fundamentally differently from ‘global’ markets because the organisation of these markets is informed by different institutional logic. While the primary underlying principle of global markets is to create ‘efficient’ outcomes by enabling profit creation for private finance capital (liberal logic), in China the primary underlying principle is state control of market behaviour and directing market outcomes towards national development objectives (state-capitalist logic). Consequently, Chinese capital markets function differently, fulfill different socio-economic roles and lead to different societal outcomes than global markets. Going beyond debates on convergence, this book offers a novel perspective on China's increasing integration into global markets.
According to hope theorists, instrumentalism—the view that hope is valuable because it contributes to the increased likelihood of hopeful agents realising their hoped-for goals—does not exhaust hope's value. This paper argues for a novel account of hope’s value in Kant. In doing so, it first sketches his argument in the “On a Common Saying” essay. Then, it discusses how hope in humanity’s moral progress has moral-instrumental value: such hope can help agents combat a morally pernicious tendency to isolate themselves from society. It concludes by suggesting that Kant's account explains why activists involved in intergenerational initiatives today have reason to be hopeful.
Michael Yuen is a NYU Shanghai Global Perspective on Society postdoctoral fellow. He works in the history of philosophy—especially Kant—and epistemology. His research concerns the rationality of secular faith and hope. He received his Ph.D. in philosophy from the Australian National University.
India: what did it teach Max Müller?
The German-born Oxford-based Sanskrit and religion scholar Friedrich Max Müller (1823–1900) was an academic superstar in his lifetime, acquainted with an impressive number of distinguished scholarly, literary, and political figures, in Europe, America, and India, as well as Japan. A giant in the Victorian intellectual scene, Max Müller’s ideas proved to be extremely influential, though often problematic, and sometimes intrinsically dangerous. Over the last thirty years there has been a critical rediscovery of Max Müller’s thought, particularly in his role as the (half-disowned) founding father of the academic study of religion. This talk reconsiders the genealogy of some of Max Müller’s most characteristic ideas on the intersection between language, thought, and religions, by revealing his overlooked intellectual debt to an ancient Sanskrit text dealing with etymology, philosophy of language and mythology – Yāska’s Nirukta (c. 6th/3rd century BCE). Yāska’s influence on Max Müller’s thought will be explored in the context of reviewing a debate between Max Müller and another Yāska-influenced prominent nineteenth-century interpreter of ancient India – the religious reformer and early representative of muscular neo-Hinduism Dayānanda Sarasvatī (1824–83).
Assessing Public Support for (Non-)Peaceful Unification with Taiwan:
Evidence from a Nationwide Survey in China
A military conflict over the Taiwan Strait seems increasingly likely today against the backdrop of intensifying geopolitical competition between China and the United States. While much has been discussed and debated about the prospects for and consequences of war, we know little about how ordinary Chinese evaluate the full set of policy tools that Beijing could potentially leverage against Taipei in the near term. Drawing from a unique public opinion survey in China, we find that armed unification, or ‘wutong’, garners only a slim majority (55%) of support, no more than for a range of less aggressive policy options, from using small-scale warfare, to coercing Taipei into negotiating, to simply maintaining the status quo. Only one out of one hundred rejects all but the most extreme option of ‘wutong’. Analyses of respondent attributes further reveal that aggressive policy preferences are primarily driven by nationalism and peer pressure, but dampened by concerns about the economic, human, and reputational costs of non-peaceful unification and the likelihood of US intervention.
The Chinese “Parachute Generation”:
Family Strategies and the “New” Transnational Class
An increasing number of Chinese upper-middle-class families from urban areas are sending their only children, as young as 14 years old, to American private high schools on their own. These students, referred to as “parachute students,” navigate the unfamiliar experience of becoming a minority in the United States, coming from a society in which they are both privileged and part of the mainstream. The “parachute generation”, as an analytical case, captures the early stage of potential high-skilled migrants, aspiring global citizens, and a group of Chinese youths who are still in the process of constructing national identities, redefining their global imaginaries and struggling between cosmopolitanism and nationalism. Drawing on over 100 in-depth interviews with Chinese parents, students, and educational consultants, as well as other qualitative research methods, this presentation aims to elucidate the family strategies and lived experiences of shifting national and ethnoracial identity formation, as well as career aspirations and trajectories, of “parachute students” that give rise to a sociocultural formation of a “new” transnational class. Additionally, I will speculate on other options available to these wealthy families, such as moving to nearby Southeast Asian countries like Thailand and Malaysia for “cheaper” international education, to present a more holistic picture.