“The pain of paying” is a phrase behavioral economists use to talk about the differing levels of inhibition consumers feel when they pay in different…
Author: klinedinstc15
Teenage unemployment is triple the overall average, according to the U.S. Department of Labor. In February 2015, unemployment for those 16-19 was 17.1%, compared to…
According to The Atlantic, entrepreneurs are more likely than other Americans to receive public benefits, after accounting for income. The argument in this article is that expanding…
On March 17th, Facebook announced that in America, it’s instant-messaging app will soon allow users to perform digital monetary transactions. Users will be able to…
Different arguments regarding the future of the euro currently exist. Goldman Sachs’ analysts believe that the euro will be at $0.80 by the end of 2017,…
[Kill the passive voice!! … the prof] Two opinions are considered with inflation. One being that the Fed must raise interest rates before we are confronted…
This Wednesday, the Fed is announcing it’s policy statement and economic forecast. It is anticipated that the Fed will remove its pledge to be “patient”, in…
During the Federal Reserve stress tests last week, Goldman performed more poorly than other big banks. As a result, analysts and investors are showing concern…
The U.S stock market experienced a large-scale decline on Tuesday, with the Dow falling 172 points (1%) to 17823. Likewise, the S&P 500 fell 21…
The latest oil conundrum revolves on where to put it. U.S. crude oil-supplies are at the highest level in more than 80 years, equal to…
In the past two years, more than 50 U.S. venture-backed tech startups reached a valuation of $1 billion plus. Specifically, Snapchat Inc. and Pinterest Inc., are…
According to the WSJ article “Why Is Tuition So High?”, college tuition has risen three times as fast as the CPI, and twice as fast…
Yesterday, the FCC voted in favor of new net neutrality rules, which will ensure that all Internet service providers will treat all legal content equally.…
I love Ted Talks, and found one by Erik Brynjolfsson this afternoon. Brynjolfsson is the director of the MIT Center for Digital Business and is…
In the face of a recent world economic crisis, Germany’s economy has improved remarkably. According to purchasing power parity terms, Germany boasts the fifth largest…