Written by Nabil Chamra Over the course of 2022, there has been a plethora of economic news. From inflation to soaring gas prices, the public’s outlook on the economy is bleak, with some even saying the U.S. economy is now in a recession. On the surface, it makes sense why some have come to this…
Month: January 2023
Changes in the U.S. Distribution of Wealth: Post-COVID-19 Pandemic (Literature Review)
By Naomi Alexander
Microchips and Economic Dips – Fallout From The US Ban on Exporting Advanced Microchips to China
Written by Szymon Ficon The future of the ever-accelerating technological revolution relies on a product which can fit on the tip of a finger: the advanced microchip. The microchip (semiconductor) is the building block of every piece of technology produced, ranging from phones and medical equipment to missiles and tanks. Consequently, the race to dominate…
Colombia’s Modern Robin Hood: Gustavo Petro
Written by Holly Teeters Dubbed an “ex-rebel” by the media, Gustavo Petro’s recent presidential victory in Colombia has many on edge. Petro won the election with 50.4 percent of the vote, beating his construction magnate opponent by a very narrow margin (“Colombia Elects,” 2022). His win has shocked the world as Petro’s promised economic policies…
A Debt Crisis Presents a Golden Opportunity
Written by Oscar Soberg Nestled along the West Coast of Africa, Ghana has long been a beacon of stability and democracy within the African continent. Since gaining its independence from colonial rule in 1957, the first in the region to do so (Dontoh, 2022b), Ghana has developed a peaceful and vibrant democracy in conjunction with…
The Finances Behind the 2022 World Cup
By Adam Lyjak With the 2022 World Cup officially underway in Qatar, people all around the world are flocking to the stadiums and to their TVs to watch their countries play soccer on the biggest stage. Statistically the largest sporting event in the world with a predicted average of 5 billion spectators expecting to tune…
What’s Good? The Economic Debate on Choice and Utility
Written by Noah Rich The University of Michigan offers more than 280 undergraduate degree programs (“Academics and Majors”). On the surface, that sounds amazing. If you want to do something, you can most likely do it at the University of Michigan. Let’s say you are interested in economics, like I am. Well, you could take…
Bioeconomics: Cyclical Equilibrium in a Sequential-Game Ecosystem
By Amer Goel
The Relationship between Socioeconomic Status and Literacy: How Literacy is Influenced by and Influences SES
By Maren Blanchard ABSTRACT Literacy levels in children have strong implications for future employment opportunities and level of SES. In this research article, we evaluate literature regarding one’s level of literacy and socioeconomic status (SES) to find how literacy influences SES and how SES influences literacy. In this context, SES is measured by level of…
The Economic Impact of the Mahsa Amini Protests
Written by James McQuaid The current protests in Iran have had a clear impact on the Iranian people, the security of the Iranian regime, and the nation as a whole. Along with these impacts, the recent wide scale uproar throughout the country will have definite economic impacts. These events will affect not only the Iranian…