“Say ‘Cheese!’”
This is how the famous Missouri cheese cave came to be; its existence is a testament to the failure of the government to adequately oversee markets in the long run.Continue Reading
The Art of Making Millions with Murakami
In the crossroads where art and commerce intersect, few figures loom as large as Takashi Murakami, the mastermind behind a multimillion-dollar high art empire. Murakami’s indelible impact isn’t just confined to galleries and museums; it extends to mainstream recognition through iconic collaborations in pop culture.Continue Reading
The Tech Giant Under Fire: Google’s Antitrust Woes
So what is the future of search? It entirely hinges on Judge Mehta’s ruling in United States v. Google LLC. If Dintzer and his team can successfully argue their case, compelling Google to change its anticompetitive practices, the DOJ would essentially open up the market to competition. This shake-up could lead to a wide array of consequences, including a drop in Google’s stock price as investors will assess the company’s profitability in a more competitive environment. Yet, should the DOJ fail to secure its desired outcome, Google’s dominant position would be reinforced by legal precedent. This would both solidify its supremacy but also bolster investor confidence as it’s logical to anticipate a continuation of Google’s flywheel status.Continue Reading
The Toll of Catastrophe: The Economics of Natural Disasters
Natural disasters can leave catastrophic damage around that world that exceeds geographical damage. Nigeria, Indonesia, and Maui faced distinct natural disasters that demonstrate how economic variables vary in the midst of catastrophe.Continue Reading
The United States & China: An Arms Race
Nuclear weapons, the hypersonic missile, and maritime dominance are key advantages in the present and future of modern warfare. However, most notably, the backbone of national security lies within a resilient and diversified economy. Today, the United States is teetering on a strategic arms race with the world’s largest economy: China. Continue Reading
The Startup’s Guide to Intellectual Property
According to the Harvard Business Review, “five years ago, intellectual property wasn’t even in the vocabularies of many CEOs, let alone a part of their business strategies.” But Richard Thoman of the $20 billion Xerox Corporation believes this landscape has vastly changed. Continue Reading
Waste Not, Want Not: A Circular Food Economy
Transitioning from a linear to a circular food economy stands as a pivotal solution to address the pressing problem of food waste. This collaborative endeavor holds promise not only in mitigating environmental challenges but also in enhancing food security, fostering economic growth, and paving the way for a sustainable and resilient future.Continue Reading
Javier Milei’s Dollarization Vision: A New Era for Argentina’s Economy
“The proposal of dollarization by Javier Milei represents a bold avenue for the nation. It offers the prospect of currency stability, which is vital given Argentina’s history of hyperinflation and devaluation. While relinquishing control over domestic monetary policy and economic dependence on the U.S. are key concerns, the case studies of Ecuador and El Salvador shed light on potential strategies for successful implementation.”Continue Reading
Amazon’s Dilemma: Whether or Not to Increase Wages for Employees
“Make Amazon Pay” is a recent campaign initiated by employees in the United States and other countries such as Japan and Australia. Amazon employees are fighting for higher wages and better working conditions, and they are willing to protest and engage in strikes to achieve their demands.Continue Reading
Big Question Mark in the Stock Market
Recently, the stock market has experienced big wins. Economists argue that this increase can be correlated to the fact that, in October, the consumer price index went down to 3.2 percent. The slowed consumer price index is rooted in a campaign by the Federal Reserve, which wishes to “kill inflation” by lowering rates. There is a big debate among economists concerning whether this upward-moving stock market can be backed by economic indicators.Continue Reading