Written by Brian Kornreich When the COVID-19 pandemic broke out in the United States in the early months of 2020, nobody understood the true magnitude of the effects that the pandemic would have on the country. The pandemic is a public health crisis — as of November of 2021, the total number of recorded cases…
Author: MJE
Name, Image and Likeness Bolsters Wallet of Some College Athletes, but not all
Written by Henry Wassink Kareem Abdul-Jabbar famously wrote upon the economic struggles he and countless other college athletes have endured in his essay, “College Athletes of the World, Unite”. Details of hunger, exploitation, and poverty fill his work as he challenges the billion dollar economic empire that is college sports. However, for some athletes, there…
COVID-19, Supply Chain Shortages, and the Automobile Industry
Written by Shayna Korsh Since the onset of the COVID-19 pandemic, automobile manufacturers have suffered from losses in sales. The automobile industry accounts for 3% of global economic output, and in some countries that percentage is much higher (Ewing and Cohen). Recessions can often take years to recover, especially in heavily impacted industries such as…
Controversy Around the Debt Ceiling: Why Does it Still Exist?
Written by Bradley Pasekoff One of the most important aspects of a nation on the international stage is the reliability of their currency and its future outlook. For investors, having this peace of mind knowing their investment is safe is worth every penny. Knowing this, what would happen if a country were to default on…
Is the US Heading for Hyperinflation?
Written by Jared Bonebright The past year and a half have seen economic fluctuations like nothing before, and while the infection rates of COVID-19 seem to be on the decline, the ramifications on greater society and the economy still remain to be seen. Starting in mid 2021, the United States has started experiencing interest rates…
COVID’s Effect on Retirement in the U.S
Written by Tess Britton Right now, labor supply is tight. The COVID 19 pandemic caused a major decline in employment. Despite the current decreasing case numbers and deaths caused by COVID 19, the labor supply in the U.S. has still not recovered. In fact, “the U.S. is still missing around 4.3 million workers”. While there…
Inequitable Public Education Funding – A Forcing of Winners and Losers
Written By Ethan St. Pierre Public education acts as a foundation for every American. Whether you come from a white-collar lineage in the suburbs of New York or are the child of coal miners in West Virginia, you likely went to public school at some point in your life. These institutions are designed to educate…
The Semiconductor Shortage and its Consequences on Major Industries
Written by Jimmy Hefter The COVID-19 pandemic took a toll on our jobs, our mental health, our family connectivity, and a 14 nano-meter semiconductor chip. One would think a shortage of semiconductor chips would be benign, but the current situation is all from that. The global semiconductor shortage caused by the pandemic has been occurring…
The Structure of Minor League Baseball
Written by Raj Ashar In 2019, the revenue of Major League Baseball (MLB) was 10.7 billion U.S. dollars (Brown). The minimum salary for a player that year was $555,000 (Velayos), a figure that comfortably places one in the top 5% of the United States income distribution (Kagan). Contrast this to Minor League Baseball, the steppingstone…
Planting the Seed for Plant-Based Diets and Their Effect on our Economy
Written by Ashley Slud Buying milk at the store used to be an easy feat. However, the task is a bit more daunting now, as the grocery store shelves are lined with a multitude of milk varieties showcased in all sorts of packaging: almond, oat, macadamia, coconut, amongst others. This diversification demonstrates the newfound popularity…