economics

Nov
13
2023
By Madison Keezer
Claudia Goldin’s Nobel Prize: What Does it Mean for Women?

Claudia Goldin’s Nobel Prize: What Does it Mean for Women?

All Posts, Features, , , , ,
monkeybusinessimages via iStockphoto By: Madison Keezer In the heart of Boston's Financial District, one startling statistic echoes among the glass walls of corner offices: a 2019 U.S. Census Poll reports that a female financial manager earns, on average, $33,667 less than their male counterparts. This is not an isolated case, and at the Harvard University Department of Economics just across the Charles River, Claudia Goldin has helped to uncover the factors underlying this trend. For her research regarding the driving forces of gender gaps in labor force participation and wages, the Nobel Prize Committees have awarded Claudia Goldin the 2023…
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Sep
10
2023
By Claire Chen
The Populist Revival of the Islamic Banking Movement

The Populist Revival of the Islamic Banking Movement

All Posts, Economy and Government, Features, , ,
iStock Photo By Claire Chen Islamic banking is on the rise. Recent estimates suggest that the industry can expect a 10 percent growth rate over the next year, part of its broader transformation from a niche cultural product to a mainstream commodity part of the broader ethical finance movement. A prevailing interpretation of Islamic banking considers it as simply another alternative in the consumer banking market. It is here that much of the discourse is centered: Islamic banking appears to be an individual moral statement that the savvy consumer chooses among a variety of products. At the same time, the…
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