Written by Molly Amrine For much of American history, there has been a recurring debate over whether more power should be vested in the federal government or state governments. This dispute has permeated the space of labor law, with the omnipresent question of not only how much the minimum wage should be raised, but who…
Month: March 2023
Turbulence in Streaming
Written by Keaton Stein 2022 was a tough year for markets as the S&P 500 fell almost 20%, its worst year since 2008. One sector that was hit particularly hard was media, and more specifically streaming. Share prices for Netflix (down ~25%), Disney (down ~40%), and Warner Bros Discovery (down ~60%) all fell dramatically in…
How Housing and Education Drive Inequality
Written by Adam Savageau According to the National Bureau of Economic Research, each dollar spent towards schooling in a neighborhood results in a $20 appreciation in homes (Gorman). Not only do good schools add tremendous value to the surrounding housing, but higher home prices feed back into schools. NBER also notes that, as housing prices…
The tactics big auto manufacturers are using to slow the transition to Electric Vehicles
Written by Kai Lu The transition to electric cars (EVs) is gaining momentum globally as technology improves and governments implement policies to promote their adoption. Meanwhile, the big auto manufacturers are trying everything they can to slow down this transition. This article introduces some common tactics these companies employ to fight against the shift to…
Opinion: The Case for Abolishing the Federal Minimum Wage
Written by Miguel Calle Jaramillo $7.25. $15. $25. The debate over the federal minimum wage is not new. However, before reassessing federal minimum wage laws, one must wonder why they exist in the first place. The reason commonly proposed by politicians – particularly those on the left – is that they help low-skilled workers and…
The Economics of Sports Cards
Written by Benjamin Christmann In the deep gloom of the COVID-19 pandemic, there wasn’t much that thrived. Yet everyone remembers the niche items that boomed out of nowhere – lumber prices for self-starters, weight prices for home gyms, even GameStop stock. But sports cards? Why sports cards? There are various factors that caused random skyrocketing…