Inflation in Michigan: The Effects of Inflation on the Automotive Industry during COVID-19

Written by Sabina Lobo The Auto industry has long been one of the United States’ most prominent, with manufacturers ranging from Ford, to Ram, to General Motors. When analyzing the history of the automotive industry, one is automatically drawn to Detroit, better-known as “Motor City”. During the height of the COVID-19 pandemic however, while car…

Long & Short Term Economic Impacts of Overturning Roe v. Wade (Part 1)

Written by Ixchel Ceballos  The Year is 2025. Your Character: [FEMALE] The Affected: [MAN] The Supreme Court’s decision in Dobbs v. Jackson Women’s Health Organization led to Roe v. Wade being overturned.  Healthcare procedures that were legal in 2021 are now illegal. In some states, legislation was quickly implemented to substitute for Roe v. Wade.…

Opinion: A Missed Takeoff – How the DOJ Undermines Airline Competition

Written by Guoxin Ding The American airline industry is dominated by four big airlines: Delta, American, United, and Southwest. With the four collectively possessing a majority of the industry’s market share, one would expect authorities to support efforts to regulate that power. But when JetBlue proposed to merge with Spirit—for the sake of consumer welfare—the…

Opinion: Liberation Day and the Impact on the American Stock Market

Written by Marin Heusel While eagerly anticipated worldwide, President Trump’s shocking tariff regulations nonetheless took investors, consumers, and leaders by surprise, leading to dramatic fluctuations within the global stock market and increased consumer unease. Referred to as ‘Liberation Day,’ April 2nd, 2025 marked the first official day in which President Trump’s executive order imposing a…

Opinion: Trump’s Trade Plans And The U.S. Economy

Written by Julio Pijem Not much time has passed since Trump’s administration, and tension has arised. Donald Trump, current president of the United States, decided to impose tariffs of Not much time has passed since Trump’s administration, and tension has arisen. Donald Trump, current President of the United States, has decided to impose tariffs of…

Main Street Meets the Trade War: The Effect of Tariffs on Small Businesses

Written by Adele Flores-Noel When the U.S. economy is discussed, the focus often falls on Fortune 500 companies and other well-known, prestigious firms. However, concentrating solely on large corporations would be a mistake, as small businesses have long been considered the backbone of the U.S. economy. The Small Business Administration (SBA) defines a small business…

Investing in the Future: The Economic Benefits of Early Childhood Education

Written by Sachi Gosal Early childhood education (ECE) is an important factor in academic success and the wellbeing of individuals. ECE refers to structured care and education programs for children, from birth to age eight. These programs focus on building cognitive, social-emotional, and physical skills, such as literacy, problem-solving, and motor skills (American Public University,…

An Economic History of Antitrust Legislation in the U.S.

Pughe, J.S. The kind of antitrust legislation that is needed. 1902

Written by Rohan Girvin Background Markets can take many forms. Economists often work in the realm of perfect competition, assuming that there are many buyers who care only about prices and sellers who produce identical products and services. Due to each firm’s relative smallness compared to the market as a whole, no single firm can…

Pills, Profits, and Patents: The Economics of Drug and Medical Supply Monopolies

Written by Ansh Patel If there is one commodity whose value never seems to fade, it is one’s health and well-being. It is the key to human society’s ability to function and thrive unobstructed. When people are sick or hurt, they are unable to work, travel, communicate, or socialize as well as they normally would.…