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…
Author: MJE
A New Hub in New Mexico: The Potential Economic Boon of Research Universities
By Ryan Erickson Albuquerque, New Mexico: the first office for Microsoft resided here, and it’s also the birthplace of Jeff Bezos (CNBC, 2018). Nevertheless, both Microsoft and Amazon set down their roots in Seattle. The scenario of Albuquerque taking the place of Seattle is mentioned in the 2019 book, Jump-Starting America, by economists Jonathan Gruber…
Factors Driving Blue Collar Job Growth
Written by Hina Champaneri The onset of the pandemic last March ensued an increasing unemployment rate due to businesses shutting down. The government had to send stimulus checks to millions of Americans and unemployment aid so that people could afford the necessities. A year later, while not completely back to pre-COVID levels, the economy has…
The Queen’s Gambit, the Chess Boom, and the Future of Chess
Written by Roy Lahood Chess, a game that has been around for almost 1500 years, is seeing a rapid resurgence in popularity this year due to the Covid-19 pandemic, the release of a new Netflix series called The Queen’s Gambit, and the increasing availability of instructional resources for players of all levels. The so-called “New…
The Future of Print Books and Bookstores
Written by Jennie Wang Nowadays, how often do people deliberately walk into a bookstore with the intention of purchasing a specific book? Do they walk past shelf after shelf, navigating through aisles to reach the right section, then sweep their eyes over the spines of each book until they spot the desired title? In a…
Predictions vs. Reality: The Economic Impact of COVID-19 on Sports
Written by Tess Britton Back in May when the virus was still young in the U.S, many economists made predictions about how this virus would affect the sports industry. Warnings of mass revenue loss, unemployment and termination of some leagues all together flocked the media causing many to worry about the lasting impacts of this…
How Remote Working is Changing Moving Patterns
Written by Ashley Slud COVID-19 has impacted almost every area of life imaginable. In particular the workforce – including both blue-collar and white-collar workers – have been hit hard. While working from home once seemed like a rarity, it is now the norm — and many, especially parents, certainly do not view it as ideal…
Potential Economic Ramifications of the 2020 Elections
Written by Bradley Pasekoff With the elections of Democrats Jon Ossoff and Raphael Warnock in the Georgia runoff elections on January 5, the Senate was back to a 50/50 split – including Independents who caucus with the Democrats – for the first time since 2003. This, in combination with Joe Biden’s victory in November’s Presidential…
Injecting Incentives: The Push to Get more People Vaccinated
Written by Raj Asher With much fanfare, in December 2020 both Pfizer and Moderna released their vaccines to the public, touted with high efficacy in fighting COVID-19. Now, almost two months later, the U.S. is seemingly in the same spot: the depths of the pandemic. This is due to a variety of factors, one of…
Gains from Independence: Were the 13 Colonies Better off Under British Rule?
he American Revolution holds a prominent place in the American psyche and consequently has been a subject of debate and inquiry.However, like any other revolution, American Revolution was not a sudden spark, but more so the cumulative result of a vast complex of socio-economic and political forces, lying dormant and accumulating behind the scenes. This paper argues that the combination of direct and indirect costs incurred in order to gain independence were overshadowed the gains from independence, making the colonists better off being a part of the British Empire in the short run.