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…

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…

Biden Says the CHIPS Act Will Save American Manufacturing: It Might Also Save His Campaign

Written by Daniel Marsh More than three years have passed since the beginning of the Coronavirus pandemic in early 2020. While COVID no longer dominates public life, with society reopened to normal, pre-pandemic activity, the disruption caused by the virus has exposed a number of vulnerabilities, specifically within the global economy. Businesses and factories shut…

Pricing Psychology: Deciphering Consumer Behavior

Written by Sunjna Namjoshi Picture this: you walk into your favorite neighborhood coffee shop, greeted by the aroma of freshly brewed coffee and the inviting ambiance of cozy seating areas. As you approach the counter to place your order, you’re faced with an array of options, each accompanied by an individual price tag. Have you…

The Sharing Economy: Disruptions and Adaptations in Real Estate and Beyond

Written by Ali Pullaro The sharing economy today is often conducted through online platforms. The sharing economy consists of short-term peer-to-peer transactions. From vacation rentals to shared ride services, companies like Uber and Airbnb have changed and revolutionized the way we as a society interact with the market. Some companies have been successes and some…

Op-Ed: How to Fundraise as an Entrepreneur

Written by Tianqi (George) Sun Fundraising is one of the most important skills an entrepreneur needs to have, but few people know how to do it. Sometimes, entrepreneurs are hesitant to reach out because they are not confident with their ideas and their company.  To successfully fundraise as an entrepreneur there are the necessary tools…

The Economics of Addiction: Turning a Profit on One of America’s Greatest Problems

Written by Niko Smith As I was walking home from class one Thursday, I opened up YouTube to listen to one of my favorite podcasts. I’m not usually the type of person to get excited about sports and the like, but for some reason I really love learning about the ins and outs of basketball.…

The Money and Economics Behind The Presidential Election

Written by Tianqi (George) Sun The presidential election of 2024 is coming up. No matter which political party people associate with, there is one undeniable truth: running for president costs billions of dollars. With these contributions, challenges arise, and significant debates around the influence of money on elections have arisen. Campaign financing includes terms such…

It’s Complicated

Written by Amer Goel Ceteris Paribus, or “All Else Equal” in English, has been a pivotal principle in modern economic thought for over fifty years, offering simplicity to otherwise complex models and theories (Ceteris Paribus vs. Mutatis Mutandis, n.d.). This foundational assumption allows economists to scrutinize the impact of a specific variable while maintaining the…