Is Shohei Ohtani’s Contract Really Worth $700 Million?

Free baseball on clay field close up image, public domain sport CC0 photo. More: View public domain image source here

Written by Colin Fisher “Give him a blank check” is a plea frequently made by sports fans when referring to a star free agent in hopes that their team will sign him. However, front offices do not literally follow this advice since they have historically set a limit on the maximum compensation they are willing…

What’s Going On With Tesla Lately?

Written by Nitya Wanchoo As of lately, Tesla stock owners have been biting their nails watching “TSLA” take a dive in the market. The famous automotive and energy company has become a household name in recent years, primarily known for luxurious, environmentally friendly electric cars. These unique automobiles are notably characterized by their sleek modern…

The Disney Board Vote: Its Importance and Future Implications

Written by Melissa Weinstein Since its foundation in 1923, the Walt Disney Company has stood as an entertainment and media giant. Walt Disney and his brother Roy O. Disney came together in Hollywood, California to create their brotherhood cartoon studio after Walt was able to sell a short film titled Alice’s Wonderland (History.com, 2019). Little…

Beyond Indulgence: The Economics of Addiction 

Written by Dhruvi Dedhia In most contexts, an excess of anything is undesirable. One of the most debilitating forms of excess, addiction, has long been studied from an economic perspective to the extent that several economic models of addiction have been proposed over the years. Defined as a “state of psychological and/or physical dependence on…

Forging Ahead: Nippon Steel’s $14.9 Billion Acquisition of U.S. Steel and its Impact on the Global Market

Written by Louis Leonardi On January 5th, 2024, Nippon Steel announced plans to acquire the U.S. Steel for approximately $14.9 Billion. The deal is an all-cash acquisition where Nippon Steel is paying off $0.8 Billion of debt valuing the deal at $14.1 Billion. Nippon Steel (OTCMKTS: NPSCY) agreed to acquire U.S. Steel (NYSE: X) for…

Tennessee’s New ELVIS Act: Free Speech & Free Market

Written by Gabby Land Last month, the governor of Tennessee, Bill Lee, signed a first of its kind (in the U.S.) bill called the Ensuring Likeness Voice and Image Security (ELVIS) Act. The law aims to address a gap in current state law to protect artists’ name, image and likeness by specifically addressing “new, personalized…

How Stock Buybacks Impact the Economy Op: Ed

Written by Kolinkar Roy A stock buyback refers to when a company uses its profits to buy back shares from its shareholders. Stock buybacks were long regarded as a form of market manipulation where companies could artificially inflate their value by simply bidding up outstanding shares. Thus,  stock buybacks were rare for the majority of…

Payday or Payback? The Winners and Losers of Conference Hopping

Written by Ameya Keertikar Ready, set, HIKE! American football: a staple pastime for all Americans alike. With millions of fans in the US and worldwide, this sport has quickly risen to one of the most popular activities. Raking in billions of dollars every year, the NFL (National Football League) claims some of the most decorated…

COMAC’s Impact on the Future of the Airbus-Boeing Duopoly

Written by Tanay Pingle For decades, two major firms have held an iron grip over the airplane manufacturing industry: Boeing and Airbus. Boeing currently maintains a 40.6% market share, while Airbus dominates the other 60.4% of the industry. Both of these firms hold incredible leverage over the entire airline industry, allowing them to maintain a…