Biden’s two big spending bills with an estimated $3 trillion price tag are large, ambitious projects to modernize the US with the focus of decarbonization. Our Economics Columnist talks about what to be optimistic about – and why it still might not be enough.Continue Reading
The field of economics is undergoing a revolution, becoming more relevant, accurate, timely, and empirical by using technology to track everything, all the time. Our economics columnist explains how plentiful data is drastically changing the way policy is structured and decisions are made.Continue Reading
The COVID-19 has, unequivocally, triggered a global crisis comparable in size to historical precedents such as the Great Recession of 2008. While the two may be similar in their ramifications, the current crisis differs significantly from the 2008 crisis. This article discusses noteworthy insights for policymakers and investors alike. Continue Reading
A huge area of land devoted to the construction of a theme park and an electric vehicle manufacturing unit stands empty. Yet, these were just some of the projects undertaken by China’s Evergrande Group, a company that now faces the threat of survival.Continue Reading
Improvements in technology are leading us into a world where machines can outperform humans even for highly specialized jobs like doctors and engineers. How will this impact the future of the workplace?Continue Reading
Inequality is a growing concern worldwide, and governments are struggling to find a tax policy that optimizes equality without sacrificing production. A group of Harvard researchers has designed a supposedly better tax policy through a data-driven solution, using artificial intelligence to simulate economies.Continue Reading
Although most Americans may not be too familiar with IATSE (the International Alliance of Theatrical Stage Employees, Moving Picture Technicians, Artists and Allied Crafts of the United States, Its Territories and Canada), the works its members do, from lighting in motion pictures to broadcasting sports events, is central to American culture. IATSE is a labor union consisting of multiple locals and divisions, representing tens of thousands of workers. The COVID-19 pandemic, which shut down nearly every Hollywood production, proved the necessity of worker negotiations and rights. Many craftspeople lost their jobs or were put in unsafe conditions. Now, as more and more members return to work, they’re fighting for better set environments than pre-pandemic.Continue Reading
Countries must take actions that foster international ties and should not restrict them—especially at a time when a global pandemic has shown that the international economy cannot exist without multilateral cooperation.Continue Reading
Learn about the arbitrary nature of deciding video game prices. Economics columnist Derrick Cui uncovers the irrational decisions producers make when picking a price and consumers make when purchasing a game.Continue Reading
After years of resistance, the NCAA has finally allowed student-athletes to profit from their NIL rights. What does this say about the state of the lucrative college athletics industry?Continue Reading