Written by Julian Freyre The United States Securities and Exchange Commission (SEC) recently took a step in the right direction. Under their newly approved set of rules, beginning in 2026 publicly owned companies will be required to disclose their greenhouse gas emissions (Patterson, 2024). This policy change is the result of a complex process that…
Category: Domestic Economics
Shrinkflation 101: Less Bang For Your Buck
Written by Nitya Wanchoo It’s agreed that one of the worst feelings in the world is realizing that your favorite bag of chips has more air than it does chips. This is one sneaky way that brands cut costs without customers realizing. The reduction of the quantity of a good and price stays the same…
Opinion: To Build More Housing, New York Should Scrap Office Zoning
Image courtesy of the New York City Planning Zoning and Land Use Map Written by Ryan Finlay Few cities in America face a housing crisis as acute as in New York City. Restrictive legal frameworks deprive the residential market of a stable supply, while Manhattan office buildings sit empty. Developers are lining up to redevelop…
Why Neoliberalism Has Failed Us: How Republican Economic Policies Promote Inequality
Written by Garrett Ainsworth It is a truth universally acknowledged (by economists) that economic inequality has sharply risen in the United States since the 1980s. To discover what caused this increased inequality, why it persists, even worsens, and, importantly, why it is unequivocally bad both for individuals and society at large, we first need to…
More Than a Game: The Local Financial Impact of the College Football Playoff National Championship
Written by Leela Anderson During the 2022 football season, the University of Michigan football team gained momentum all season, beating famous rivals like Michigan State University and Ohio State University, before being stopped by Texas Christian University just short of the National Championship. Fueled by their close brush with victory and the fact that many…
Op-Ed: Why the United States Should Look to Venmo for Economic Growth
Written by Brooke WilliamsFrom Zelle to Venmo, and everything in between, digital payment platforms have been gaining popularity since the mid 2010s. Then, the COVID-19 pandemic hit which led to another major increase in the popularity coupled with new developments in e-commerce due to the need for more online orders while social distancing. The reliance…
The Dark Alliance: Addressing the Rise of AI Financial Frauds and Cyber Scams
Written by Terence Huang The rapid growth of technology has positively impacted various aspects of our lives, both socially and financially. However, with the increasing prevalence of artificial intelligence, there has been a surge in financial frauds and cyber scams in the digitization of financial services. A survey of 500 fraud and risk professionals, conducted…
Social Security
Written by Joshua Ravichandran There’s a serious financial issue facing Social Security. The program is projected to have a $13.6 trillion dollar gap between how much money it takes in compared to how much money it pays out over the next seventy five years (US Department of Treasury). So this raises the question. How can…
The Risks Associated with Adjustable Rate Mortgages
Written by Paige Steinhauser With mortgage rates on the rise, many Americans are forgoing fixed mortgages and instead turning to adjustable rate mortgages, or ARMs. ARMs have become increasingly attractive due to their low starting interest rates. However, ARM rates can alter after a certain period based on “changes in the corresponding financial index that…
EMS and the Fight to be Recognized as an Essential Service
Written by Troy Cramer While calling an ambulance for an emergency is an incredibly stressful moment, an ambulance not arriving quickly makes this moment even more traumatic. For some communities in the US, that is a real threat. This threat is close to home in Ann Arbor, as seen in Flushing, a town just an…