Written by Sam Siberell On February 24th, 2022, Russian forces invaded Ukraine, officially beginning a conflict that has dominated global headlines since. Plenty of coverage has been focused on the conflict in Ukraine, with videos of Russian atrocities being shared and reported to each end of the world. Not much coverage, however, has gone towards…
Month: May 2022
The Looming Fear of Stagflation – Where Will the Stock Market Head Towards in 2022?
By Do-Hyun (Kyle) Hong On April 12th, the U.S. Department of Labor reported that the Consumer Price Index has risen by 8.5% from the previous year (Cox). This is the fastest annual gain since 1981 when the Fed had to raise the interest rate to nearly 20% under Paul Volcker’s leadership. Furthermore, the Department of…
The Finances Behind Vatican City
By Lukas Hund The smallest country in the world, Vatican City, is situated on the west bank of the Tiber River. Here lies the headquarters of the Roman Catholic Church, one of the largest and wealthiest organizations in the world. With over five million tourists a year, and only about eight hundred permanent residents, the…
Carbon Credits – Green Investing or Greenwashing?
Written by Nick Hyslop As the UN publishes more climate reports and the global frustration with world leaders in facing the threat of climate change increases, green activists are looking for new and more effective methods to curb emissions both through policy and markets. In 2021, the small hedge fund Engine No. 1, with the…
The Economic Impact on Qatar from the Upcoming 2022 World Cup
Written by James McQuaid The World Cup, the largest international soccer tournament, will be played in Qatar this upcoming Fall of 2022. This event, occurring once every four years, features some of the world’s best athletes and the best 32 teams from six continental zones, Africa, Asia, Europe, North and Central America, and the Caribbean,…
What (To-Be) President Yoon’s Housing Policies Mean For the Korean Housing Market
Presidential Candidate Yoon Suk-Yeol campaigning in March, 2022. (Yonhap News) Written by Austin Moon Just this March, millions of TV screens across Korea flickered late into the night as news networks powered on with their ten-hour long broadcasts of the 20th Presidential Election of South Korea. The election was marred by especially heavy controversies surrounding…
The Proper Role of the Welfare State in a Healthy Capitalist System
Written by Arianna Pollack The welfare state as we know it today is the result of an evolution of political ideas that developed internationally through responses to global events and new intellectual concepts. The welfare state is a system in which the government plays a key role in the protection and promotion of the economic…
Why Can’t the US Speed Up?
Written by Holly Teeters If there’s one thing the war in Ukraine has revealed to regular citizens across the globe, it is that dependence on oil is entirely too expensive. As of early April 2022, the average price per gallon of gasoline in the United States is $4.51, generating outcry from many around the country.…
The Breakdown of Erdoganomics
Photo Source: the NYT Written by Hadin Sayed One of the most rudimentary principles taught about monetary policy is that inflation rises when interest rates are low because people can spend more, causing the economy and thus inflation to grow. Going against conventional wisdom, Turkish President Erdogan has taken the hardline approach of keeping interest…
How to Invest in Healthcare Startups… from a Corporate Perspective
Written by Kunal Sharma Venture capital is representative of the old developmental adage, “capitalism spurs innovation.” The majority of technical and scientific ideas that are widespread in society today were borne from a team of young, hopeful founders with promising technology. Start-ups can receive funding through many avenues: friends and family, grants and loans, angel…