Macroeconomic theory suggests that without any outside intervention, the macroeconomy will self-adjust and return to its long-run state after short-term shocks. The decision for policymakers thus boils down to a cost-benefit analysis taking into account factors like intertemporality and risk tolerance — they can either wait and allow the economy to adjust organically, or sink resources into actively trying to stabilize the economy, taking on the risk of further destabilizing it.Continue Reading

With the FIFA World Cup Qatar 2022TM just around the corner, the quadrennial questions are, once again, swirling around the event and its economic practicality in a developing country that had to spend billions of dollars to construct the required, large-capacity stadiums and corresponding necessities. Will the broadcasting profits and tourism and publicity boosts ultimately result in economic profitability for the country, or will Qatar never overcome its initial construction and bribery costs?Continue Reading

It seems that even in a bearish economy, there is still more money chasing innovation driven by limited, bright minds. Perhaps that might not come as a surprise. There are hundreds of different parts of aging that need to be better understood, and every few weeks, a discovery revolutionizes various fields of research and methodologies.Continue Reading

A plethora of problems stemming from the COVID-19 pandemic have surfaced in America, leading the country towards an economic decline. These problems—including stagnating wages and a downward spiral in the production of goods—span across the board, affecting several sectors of the American economy. Together, they converge into the perfect storm, plaguing America with economic issues reminiscent of those of the 1970s. Continue Reading

With the growing popularity of green movements in every facet of society, the Securities and Exchange Commission (SEC) is looking to launch the largest green financial initiative in history. They plan on implementing a new climate disclosure rule that will require all public companies to disclose their climate data. If the rule is adopted, it will bring about large pivots in global equity portfolio management and alter the market landscape for many industries.Continue Reading