
The Carbon Tax and Climate Change
Jenna Issa
While Chicago recently went from 37.2 inches of snow (NBC Chicago 2021) to low 50s and sunny within a couple months, humid and sunny Texas saw its first arctic freeze since 1989 (Spectrum Local News 2021). These…

A Future on the Red Planet
Harman Dhilon
Life on the Red Planet — Many have dreamt about it, now it may actually happen. NASA is hard at work planning to send a man and a woman to Mars in 2024. They plan to use lessons from life on the Moon to colonize Mars

What the Texas Freeze Tells Us About the Deregulation Of Essential Utilities
Pranet Swain
We’re barely a week into a period of historically low temperatures in Texas, and the cons of abandoning the income tax are already starting to reveal themselves. As a result of not charging any income tax for its citizens…

The Rise and Fall of Toys ‘R’ Us
Vivian Kaleta
In March 2018, Toys ‘R’ Us announced that they were permanently going out of business and closing all 800 of their stores in the United States, as well as the 800 more around the world (Verdon 2018). From being in…

The Impact of Covid-19 on Our Favorite Sports
Chase Harding
The pandemic has brought hardship to millions around the nation, and as we enter this new year, sports fans are still grappling with nail-biting seasons of cancellations and disappointment. We all remember back in the…

A Billionaire Space Race: Future of the Commercial Space Industry
Brooke Hemingway
As Jeff Bezos steps down from the role of Amazon CEO, he is turning his attention to Blue Origin, his private commercial space company that hopes to establish a permanent base on the moon. This is not the only piece of…

The Potential Impact of a $15 Minimum Wage
Sujan Garapati
The movement started in 2012 outside a McDonald’s in New York City with “several dozen protesters chanting: ‘Hey, hey, what do you say? We demand fair pay’” (Greenhouse 2012). The demand for a $15 per hour national…

More Stimulus is Needed for the American People
Jenna Issa
As it almost reaches a year into the pandemic, millions of Americans are faced with one of the most grueling, unfortunate things one can face — food insecurity. By definition, food insecurity is a household’s inability to…

The Rise of Sneaker Reselling
Chase Harding
Imagine tons of teens sneaking onto the Nike SNKRS app during their first period class, hoping not to take another “L” on their favorite pair of Jordan 1s. This is sneaker reselling — buying a profitable, “hype” brand of shoe…

Lessons from the 2020 Coronavirus Crash for the United States
Pranet Swain
2020 will forever be remembered as the year during which millions, if not billions of people were directed to quarantine as a result of the COVID-19 pandemic. However, this current recession that the world is still trying to…

The New Covid-19 Variant and What It Means for Economic Recovery
Brooke Hemingway
As 2020 came to a close, the circulation of coronavirus vaccines made consumers and investors alike optimistic about economic recovery. However, mutations of the virus have threatened to stall this progress…

What Will a Biden-Led Economy Look Like?
Pranet Swain
We’ve all had our fair share of anxiety regarding this recent presidential election. And now, it is finally over. The U.S. economy is in for a lot of changes. Of the adjustments the economy will undergo, the ones that stand…

How are Millennials & Other Robinhood Traders Changing What’s Happening in Your Portfolio?
Pranet Swain
For many years, making moves on the stock market had been reserved for the richest of the rich. However, the advent of online trading platforms like Robinhood and TD Ameritrade has brought a much younger, middle-class…

The Rising Expenses of Higher Education Explained
Harman Dhillon
The U.S. Department of Education counted over 4,000 colleges in the United States as of 2018. These consisted of public and private institutions, but regardless of their categorization, college tuition has increased over…

The Cashless Society
Isai Steven Sanchez
The Covid-19 pandemic has challenged the world’s pre-2020 economic infrastructure and social norms. For the past 10 years consumers have moved to digital payment methods proving to be more convenient and…

Defeating the Silent Killer: Systemic Poverty
Blake Berry
Systemic poverty is just one-way racism manifests in our country. What is Systemic Poverty? It is the reality that institutions such as banks, universities, and other facets…

Driving Inflation Rates Up: The Federal Reserve’s New Monetary Policy
Brooke Hemingway
Inflation has always been the Federal Reserve’s boogeyman. For four decades, the bank has employed preemptive rate rises to keep inflationary pressure in check. Now, as a result

The Fall of Blockbuster: How Success Changes Over Time
Harman Dhillon
Those who grew up in the early 2000s might vaguely remember going to a place with shelf after shelf stocked with all the movies anyone…

Fast Fashion: How Much is Too Much?
Chloe Young
Individual retailers make clothes that imitate the trends created by high society brands. These clothes are quickly mass-produced, resulting in detrimental effects on both…

A Guide to College Expenses and Budgeting
Brooke Hemingway
August 1st marked the beginning of many high school seniors’ college journeys with the release of essay prompts from hundreds of schools across the United States…

Wage growth in America: Why wage growth is so complicated, and how to understand it better
Dylan Partner
Aging brings upon new experiences and habits which affect spending and saving habits. In general, the older one gets the more they will learn from their mistakes…

Intergenerational Spending and Money Management: Baby Boomers, Generation X, and Millennials
Gustavo Borges
For something that is so important to the everyday lives of average Americans, wage growth statistics tend to be thrown around without much analysis. Strangely, depending on who you’re talking to, wage growth has…

What Impact Will Rioting Have on the Economy?
Brooke Hemingway
June 2020 has been marked by protests and violent rioting throughout many of America’s most populous cities. The protestors have been driven by anger about the murder of George Floyd at the hands of a police officer…

Women in Investment: Differences in Investing Behavior and the Wealth Gap
Brooke Hemingway
When it comes to gender equality within the workplace, there are plenty of shocking statistics. According to Women in the Workplace, only 28% of women hold senior vice president positions in corporations and women are…

How Economic Inequality Incited #BLM Protests
Eleanor Sigel
Cried out by demonstrators nationwide, this slogan makes no attempt to conceal the grievances behind the recent wave of protests and riots. Beginning on May 28 in Minneapolis after police officer Derek Chauvin…

Economics & COVID-19
Oscar Boccelli
Coronavirus has expanded all over the world. Originally from Wuhan, China, the disease has devastated populations, and there doesn’t seem to be an end in sight. Apart from the obvious medical implications of the virus..

Never heard of Luxottica? We haven’t either
Tiana Luo
During my last trip to the department store, I stopped by LensCrafters to check their prices. Sure enough, the plainest, most innocuous pair of glasses cost a hundred and fifty dollars. And I thought I was getting ripped off when I purchased…

Is Bitcoin a Bubble?
Matthew Turk
Using a cryptocurrency like Bitcoin is best described as a mysterious alternative to PayPal. That is partially one of the main reasons why so many criminals use Bitcoin to transfer money. But for the majority of investors who are not criminals, the entire concept of cryptocurrency can seem...

How Does Information Asymmetry Factor into Your Daily Lives?
Rohan Jain
As I have learned from reading the book “Naked Economics” by Charles Wheelan, humans tend to be risk-averse when it comes to making decisions. Especially as the complexity levels increase, (such as kids, income, etc.) people tend to lean towards…

Looking into Economic Government Intervention
Ian Shayne
Since the inception of the United States, liberals and conservatives have often argued the extent to which the government should involve itself in the economy. In 2008, Wall Street investment banks nearly destroyed the world’s economy and…

Are Humans Always Rational?
Rohan Jain
This argument is dependent on how you define the terms rational and irrational. In terms of behavioral economics, rational can be defined as maximizing your utility logically in one area, while irrational can be defined as…

The Future of the Workforce: What Leaders Should Expect
Nia Robinson
At seventeen years old when someone asks me what I want my future to entail, I can easily answer the question. “Well first I will get my Ph.D. in Economics, then I will be an Economics Professor at some Ivy League, then I will get with…

Migrants and the Eurozone
Miro Ehrfeld
Political crisis in Syria and other war stricken areas have led to an unprecedented influx of asylum seekers throughout Europe within the last two months. With hundreds of thousands of migrants flooding through the European border, leaders are torn between stability and…

Chipotle's Imminent Recovery
Austin O'Toole
or the past couple of months, people have been telling me that I’ve been risking my precious life by eating at Chipotle. The company has been plagued by a series of unfortunate events, in which an E. Coli outbreak was linked…

Private Equity Bubble
Austin O'Toole
In an attempt to gain more revenue and outperform the markets, more high-net-worth individuals and institutions are turning to private equity as an alternative investment. At a glance, this alternative appears to be in…

Economic Effects of Gun Violence in Chicago
Nia Hill
“Chiraq”- the unsought name of this beautiful city, Chicago. Mostly because of the horrendous number of crimes that occur on all sides of town. People are starting to realize that this violence is taking such a huge toll on the city- not only a social toll, but also…

Education: The American Downfall?
Jonathan Switzer
n recent years, global mass media has touted the excellence of foreign education systems relative to those found in the United States. Over and over, reports of academic ferocity - especially from Asian nations - have cast the sustainability…

Wealth Inequality
Miro Ehrfeld
The "wealth gap" has been a controversial and persistent issue in free market societies around the world. For decades, economists and politicians have been debating and implementing a variety of strategies in an attempt to alleviate the…






































