Written by Molly Amrine Amidst an already turbulent nationwide housing crisis, the socioeconomic dichotomy of Washtenaw County is driving housing costs across the market to unprecedented extremes. In 2015, Washtenaw County published findings predicting this issue. This report saw the fault line of highly educated populations surrounding central Ann Arbor and the University of Michigan…
Author: MJE
The Case for NGDP Targeting
Written By Ethan Messeri In 2008, the U.S. economy faced its biggest challenge since the great depression. The recession wiped out years of growth gains in employment (BLS, 2018, cbpp, 2019 ). While the stimulus packages saved the U.S. From some of the worst case scenarios, it took more than half a decade for the…
The Minneapolis Teachers’ Strike Sparks a Conversation about Teacher Shortages across the Nation
Written By Jimmy Hefter Economics, politics, and unions are intimately intertwined within the American education system. Despite this, education is an intrinsic good that we should hold dear and take seriously at all levels of schooling, and this good is challenged by a recent teacher shortage. Our country’s future depends on the education of the…
Is Gacha Gaming a Profitable strategy?
Written by Jacob Amspaugh If you were like me a few years ago, you had probably never heard the term gacha game. A gacha game is one where you spend a certain amount of in-game currency to obtain a rare item featured on a banner. That item may be a special skin, a new weapon,…
Minimum Wage, Fairness, and Worker Productivity
Written by Vanessa Wu Abstract: Will a minimum wage affect worker productivity? If there does exist an effect, will it be the same for high-wage and low-wage workers? In this paper, I develop a theoretical framework to demonstrate how the effect of a minimum wage on worker productivity can be transmitted via two channels: (a)…