Despite complaints against its payment methods and streaming rate methodology, Spotify has remained headstrong in the treatment of creators on its platform. While the effects of the pro-rata system are looked down upon by many artists in the industry, Spotify maintains that the system encourages an inclusive market that rewards success and allows for those that work the hardest to gain notoriety and artistic standing.
Supported by reselling platforms such as StockX and GOAT, anyone with access to the Internet could resell sneakers and earn a significant profit. However, within the last year, profit margins for sneaker resellers have decreased across the board, a trend that has negatively affected the sneaker community and ultimately pushed away prospective sneakerheads from entering the resell game.
Blue economies provide a sustainable way forward for developing countries and island economies to formalize their institutions and industries. Seeing as Africa is in desperate need of ensuring its economic growth, a good blue economy framework would establish Africa as an international trade hub and help global supply chains.
Downward trends in enrollment have had a ripple effect at institutions across the country. As decreases in enrollment continue, schools are feeling pressure to keep tuition affordable. Although inflation has pushed up the prices of most goods and services, the necessity for more students has incentivized institutions to keep tuition prices relatively low.
The cost of education has increased by over 100% in the last 20 years—a much higher rate compared to most other industries. This increase in the cost of education is paralleled by the increasingly widespread mentality that you need a college education in order to earn a good living. While this may generally be true across many industries, a college education does not reap the same value for every individual.
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.
Flight delays and cancellations are plaguing the air travel industry at an alarming rate—and no one is doing anything about it. So today, let’s pull back the curtain on the airlines in disarray and discover why we are in our current predicament and what we must do to fly above the fray.
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.
This Fourth of July, America’s 246th birthday happens to coincide with the heart of a social movement arguably just as powerful and transformative as that which built our nation and in turn transformed the world back in 1776. That social movement is completely unique and unlike any that came before it—it is the rise and development of Bitcoin’s legitimacy as a store of value and a financial instrument.
If you think that Western imperialist powers have actually relinquished control over their former African colonies, think again. Even after many Western nations supposedly granted their colonies independence in the mid-20th century, they still continue to exploit the vast mineral and natural wealth of Africa and exert de facto influence over the continent’s financial systems.