Active money management has lost its luster. Since the Great Recession, investors have given up on expensive hedge funds and their mediocre returns, preferring far less flashy options like index funds. Even […]
Index Funds Help Curb Corporate Short-Termism
Much Ado About Rice: Thailand’s Rice Market Exploitation Wildly Backfires
On August 25, former Thai Prime Minister Yingluck Shinawatra was due to appear in court to hear the verdict on her trial over involvement in a rice subsidy scandal. If she is […]
Making capitalism in rural New England
Since the 50s economic historians have gone back and forth over how to break down the puzzle of this shift in growth. Much of the debate has centered on figuring out why […]
The EU’s currency conundrum: Macron hits a nerve
Following Emmanuel Macron’s victory in the recent French presidential election, a wave of relief washed over many supporters of the European Union. Macron’s pro-EU stance won out against his right-wing opponent, Marine […]
Triggering by Trump and the emergence of economics of escapism
A recent survey conducted by the online therapy company Talkspace found that, as of Inauguration Day, over 60 percent of respondents reported feeling some degree of post-election stress. In a 2016 Gallup […]
Small change, huge impact: How remittances assist development in impoverished regions of the world
In 2016, Mexicans living abroad sent home $27 billion in remittances home to Mexico, the largest remittance influx that Mexico has ever received. Remittance inflows now surpass crude oil and tourism […]
Debunking the Model Minority Myth
Why is it that Asians and Asian Americans must score 140 points higher than their white counterparts to be accepted by the same university? In fact, because of this disadvantage, students from […]
