February 2021 – Vanderbilt Business Review

By: Anton Kozyrev GDP -- or Gross Domestic Product -- has long been the favored means of assessing economic health by myriad groups, from economists to politicians. But it may well be time for a change. According to the St. Louis Fed’s Federal Reserve Archival System for Economic Research (FRASER), the modern concept of GDP was introduced by economist Simon Kuznets, after the United States government had commissioned him to devise a new method of calculating the health of the U.S. economy in a bid to elucidate a clear path out of the Great Depression. This was done in order to allow the United States to articulate a proper response to the heightened pressures of the Great Depression, and eventually led to the large-scale modernization and industrialization of the U.S. economy du...

By: Jaime Svinth As a university with no undergraduate business school, Vanderbilt leaves many students yearning for the business mentorship, comradery, and networking given at other institutions. Enter: business fraternity student organizations. Delta Sigma Pi and Alpha Kappa Psi are two business fraternity organizations on campus started by students to bring together those interested in pursuing careers in the business world. Another semester means another pledge class for business fraternity AKPsi, and another chance for business-minded students to join an organization that bolsters their passion. Here’s a Vanderbilt Business Review interview with recruitment chair Emilio Karakey to give you the insight you need to ace your spring 2021 application. Karakey is a jun...

Month: February 2021

The Advent of the Fourth Industrial Revolution and Its Implications for the Efficacy of GDP

An Inside Look at the Recruitment Process at Business Fraternity AKPsi