Written by Hanzhang Qin Tony Gao, born in 1994, is a young entrepreneur who was listed on Forbes’ “30 Under 30” list in 2017. He co-founded Easy Transfer, China’s largest platform for international students to pay their tuition fees. How did he break into the competitive market for tuition payments, and what inspired him to…
Month: May 2023
A Comparative Analysis of the US and UK Health Care Systems
Written by Zara Jacob Economics is often framed as the study of choice. When it comes to healthcare, making better choices can mean significantly improving, if not outright saving, lives. Three years out of the start of the pandemic, health care systems around the world are still grappling with the structural flaws the pandemic brought…
Manufacturing Friendship with India
Written by Holly Teeters As war with China hangs on the horizon, the United States primes India to take over China’s role on the global stage. Coined “friend-shoring,” the US and other Western countries are looking for more predictable economic relationships that won’t be uprooted by a cold war with China and geopolitical tensions with…
Before Keynes, Marx, and Smith, there was Khaldun
Written by Claire Arp Note: The Muqaddimah was written in 14th century Arabic and was not available in a European language until it was translated into French in the 18th century. Quotations used in this article are from a modern translation that attempts to preserve the exact meaning of the original text. As long as…
Op-Ed: Why Limiting Campaign Spending Will Not Resolve Political Inequality
Written by Yael Atzmon Every election cycle, televisions all over the country are subject to an endless barrage of campaign related media. Nowadays, campaigns require an inane amount of funds and resources to produce the kind of advertisements that flood American media outlets. While activists and policymakers propose straight-forward policy that limits campaign expenditure, the…
Dynamic Inconsistencies and Economic Lies
Written by Maren Blanchard Many of us know at least one person who is chronically late. If you tell them that dinner is at 5:00 PM, you will be waiting for them until at least 5:30. You understand their patterns and how they will behave based on the information you give them. Now, assume that…
The Economics of Organized Crime: A Sopranos Case Study
Written by Daniel Rosenkranz 24 karat gold watches, 50-foot yachts, houses on the shore, and so much liquid cash it needs to be hidden in the bedroom closet of a retirement home. All of this- from the watches to the cash- define the lavish life of Tony Soprano. In the renowned fictional TV show The…
Solid-State Batteries: The Key to Electrifying the Transportation Sector
Written by Max Leshne The single most important challenge facing humanity today is climate change. Life as we know it will forever change if the transition to renewable energy does not occur soon. This transformation from fossil fuels to renewables must take many different forms across different sectors of the economy. In the transportation sector,…
Op-Ed: How New Ownership of the Phoenix Suns Swung the Title Odds in Their Favor
Written by Beck Smolak On December 20, 2022, a present came early for Phoenix Suns fans as Mat Ishbia bought a majority stake in the team for a record-setting $4 billion (Reynolds 2023). Robert Sarver, the previous owner, had been in charge for almost two decades yet was strongly disliked by the public. Ishbia attained…
Why We are Heading into a Recession
Written by Jacob Amspaugh Inflation is all everyone talks about nowadays. Frequently, inflation is a warning sign of a coming recession. For example, before the Great Depression, there were record inflation levels. Should we be concerned about a recession with this high inflation in the market? A recession is coming, but before that, we need…