13

Mar

By Matthew Jean-Mary

All Posts, Economy, Economy and Government

The Future of American Healthcare

By: Matthew Jean-Mary Regardless of political leaning, many Americans believe financing for healthcare in the United States of America will likely have to change in the near future. As it currently stands, the United States spends more money on healthcare than any other country in the world. However, this is…

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24

Feb

By Anton Kozyrev

All Posts, Economy, Economy and Government

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

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),…

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14

Jan

By Anton Kozyrev

All Posts, Economy, Economy and Government, Opinion, World

A Changing Global Economy Requires Investment and Support of Higher Education

By: Anton Kozyrev It would be a gross understatement to say that education has a big impact on individuals’ lives. It is often the defining factor that shapes the trajectory of one’s life, all thanks to the immense financial and economic influences it has. The United States consistently spends more…

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25

Dec

By Rohan Upadhyay

All Posts, Economy, Economy and Government

How COVID-19 Exposed America’s Healthcare System

By: Rohan Upadhyay America can’t catch a break with COVID-19. People stay home to avoid getting sick, so they can’t pay the bills and risk getting evicted. If people can’t stay home, then they’re more at risk of getting infected. And even protesting to change eviction policies puts people at…

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17

Dec

By Anton Kozyrev

All Posts, Economy, Economy and Government, Opinion, World

Hong Kong-Singapore Travel Bubble’s Deeper Implications for the Future of the Global Economy

By: Anton Kozyrev In 2003, the SARS epidemic hit Hong Kong – and it hit hard.  Hong Kong would go on to suffer 299 deaths related to the airborne illness – one-fifth of the global death total. This harrowing chapter served as the impetus for a major shift in Hong…

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02

Oct

By Maxwell Qian

All Posts, Economy, Economy and Government

The Great Moderation: Why Monetary Policy Matters

During the 1970s, the United States suffered from double-digit inflation, rising unemployment, and bleak economic prospects.  Declining domestic industry and increasing global competition sowed the seeds of doubt in American minds and the OPEC oil embargo shook the economy to its core.  The crisis culminated in a period of stagflation,…

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16

Sep

By Maxwell Qian

All Posts, Economy, Economy and Government

Why Does the Fed Target 2% Inflation?

Since January 2012, the Federal Reserve has maintained a target of 2 percent inflation for the US economy.  The target allows the Fed to perform its congressionally mandated jobs of maintaining price stability and maximum employment.  Before the 1970s, economists believed inflation and unemployment had a permanent negative correlation so…

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31

Aug

By Maxwell Qian

All Posts, Economy, Economy and Government

Dry Powder: Economic Threats in the Post-Pandemic Era

As part of the historic 2nd quarter contraction in the US gross domestic product, investment spending decreased by a massive 49% under the duress precipitated by the COVID-19 pandemic.  Poor general economic conditions translated to uncertainty in the minds of investors.  Meanwhile, investors received government relief aid that they did…

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22

Jul

By Maxwell Qian

All Posts, Economy, SustainabilityCOVID-19

Emissions Bounce Back as Economies Reopen

As people around the world faced forced confinements caused by the COVID-19 pandemic, global greenhouse gas emissions fell as a result.  A study led by climate scientist Corinne Le Quéré of the University of East Anglia published in the journal Nature estimated that emissions fell by 8% compared with 2019…

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