My name is Marcus Shera. I'm a Postdoctoral Research Associate at the Smith Institute at Chapman University for the 2024-2025 academic year. In Fall 2025, I will start as an Assistant Professor of Economics at Eastern University in St. David's, PA.
I graduated in Summer 2024 from George Mason University with a PhD in Economics where I have proudly been a part of the economics department since I was an undergrad in 2016.
My primary research interest is in the political economy of religion and how church and state institutions interact. My dissertation was on the political economy of Christian monasticism (see Research for some examples). I have also written on Austrian economics, Smithian Political Economy, and the political economy of genocide.
I run a Substack publication and youtube channel called The Econ Playground.
Please contact me at shera@chapman.edu.You can also find me on X and LinkedIn.
My research focuses on the political economy of religion. The largest institutions in human history have been religious communities or states with a monopoly of violence. Some of the most exciting moments in history are when these two groups butt heads or join hands. I believe this topic is not just of historical interest, but helps us understand religious traditions today. Studying the history of a tradition helps us best contextualize the problems others faced in the past, and how we might face them again in the present.
I had the great pleasure of exploring the wonderful world of Adam Smith with Prof. Dan Klein in the Adam Smith Program at George Mason. We read not only Smith's economic writing, but his moral philosophy and epistemology as well. The more I study economics the more shocked I become at how Smith reliably beats the competition. Smith's approach to economic thinking is as vibrant and relevant as ever. In any class I teach, I will find some way to reference Adam Smith.
The formal study of institutions has been an interest of mine since I started college. Social rules and whether people will follow them make up a majority of our everyday cognition. I am fascinated by the dependence we have on formal rules for ineffable social goals, and when our dependence on such rules gets us into trouble. See the Research tab for more on the above image.