Shifting Winds: The Effect of the Coronavirus Pandemic on Air Travel
The coronavirus pandemic has forced many changes in the world, especially with drastically restricting our movement. It should come as no surprise that the worldwide airline industry was heavily affectedContinue Reading
The Surprising Economics of High-Occupancy Toll Lanes
Los Angeles is known for a lot of things: Hollywood, world-famous beaches, and great food. Yet, it has also earned a reputation for being home to some of the mostContinue Reading
The United States Cannot Agree on the Free Market
Touching on the principle of freedom is a timeless and often successful political strategy because it is easy to communicate and harkens back to a prideful national identity. Former PresidentContinue Reading
The U.S. Decline in Money Velocity
In the United States, the velocity of money has fallen into a 20-year downward spiral as the Federal Reserve has imposed a multitude of disinflationary policies. The decline has beenContinue Reading
Why SMEs in Emerging Markets Struggle to Export
Trade is the lifeline for practically every national economy. Despite their heavy presence and share of employment, small and medium-sized enterprises are strikingly underrepresented in cross-border trade. A study ofContinue Reading
The Solution to the Lack of Federal Funding within Public Education is COVID-19
During this past year, COVID-19 has catalyzed the quick development of infrastructure for projected technology-friendly lifestyles such as online universities and remote work. On the other hand, COVID-19 has alsoContinue Reading
The Implications of American Wage Stagnation
Wage growth has long been a significant indicator of economic performance and, as such, the metric finds itself at the center of many policy debates surrounding trade, inequality, and healthcare.Continue Reading
Are Stock Buybacks Depressing Wages?
“Buybacks…are an important tool that businesses must have to reallocate excess capital” – Jamie Dimon, CEO, JPMorgan Chase & Co. Touted by proponents as a productive method of investing leftoverContinue Reading
Why Policies Should Measure Well-Being
50 years ago, President Kennedy called for a better measurement of objective well-being in economic policy, yet we are still prioritizing GDP growth today. In his speech at the UniversityContinue Reading