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
A Deep Dive into Human-Centered Capitalism
The U.S. economy is outdated. It has begun to function improperly and it’s on the verge of ceasing to function at all. Don’t allow yourself to be tricked by historicallyContinue Reading
‘Contagion’ (2011) but in Real Life: An Economic Analysis of how the COVID-19 Pandemic has Impacted the U.S. Film Industry
The 2020 COVID-19 pandemic feels like it has been taken straight from a movie plot. It feels too grand to be true: entire economies and markets have come to anContinue Reading
Hong Kong’s Housing Crisis
According to the CBRE Global Living Report 2020, with an average property price of 1,254,442 USD, Hong Kong is currently the most expensive property market in the world. As aContinue Reading
College Sports During the Coronavirus Pandemic
College sports have become an important part of higher education in the United States; they play an important role in college culture, dorm life, and they bring in large amountsContinue Reading
Complexity Economics
In April 1987, Brian Arthur, then a Professor of Human Biology at Stanford University, was walking toward his office. He ran into a helmeted Kenneth Arrow, the late Nobel LaureateContinue Reading
A Short Discourse on the Efficacy of and Ethics in Economic Teaching
The performance of the economy seems to be a conversation starter anywhere. Academics, politicians, and investors give their opinions on the well-being of the economy openly and enthusiastically. A popularContinue Reading
The Evolution of the Apple Ecosystem
As the world’s first trillion-dollar public company, Apple is no stranger to the public spotlight. Not all of this attention is positive, however. Critics blast the company for a varietyContinue Reading