Who owns the Arctic and what exactly is so important about it? As climate change leads to the further melting of Arctic ice, countries are scrambling to stake their economic claim in the region. We examine these claims, explore what is driving the claims in the first place, and give some considerations in regards to the future of the earth’s “last frontier.”Continue Reading
The pandemic has left many industries helpless, but edtech-based companies have been witnessing their sales skyrocket as the outbreak came to be a blessing in disguise for the industry. Let us take a look at how COVID-19 has acted as a game changer for edtech.Continue Reading
The Covid-19 pandemic has added fuel to the fire of The Retail Apocalypse. Some of our favorite brands have decided to close up shop. Yet, some seem to be thinking ahead. Our Economic Columnist discusses ways tech, fashion, and coffee giants are strategically pivoting during the peak of the retail apocalypse. Continue Reading
Millions of Americans lost their jobs due to the COVID-19 pandemic, but one key demographic may remain home even after the quarantine ends: women. Since the start of the pandemic, women have been leaving at a rate 4 times greater than their male counterparts. According to the U.S Bureau of Labor Statistics, 617,000 women left the workforce in September 2020, compared to 78,000 men. This great disparity isn’t just a consequence of gender inequality in the workplace. It’s a result of the forced division of labor between men and women in nuclear families, pressuring women with children and other family obligations to prioritize the needs of others over their own professional fulfillment.Continue Reading
BRB dives into presidential candidate Joe Biden’s tax plan. With the election right round the corner, we have condensed and summarized all you need to know about what is going on with Biden’s taxes.
Continue Reading
What is happening in Belarus and what could a new Belarusian economy look like? We take a look at the current state of Belarus and examine some of the possible changes that could be implemented in a Post-Lukashenko economy to promote economic growth and prosperity.
Continue Reading
In recent years, California’s voters have been increasingly tasked with making important policy decisions with limited information on the November ballot.Continue Reading
Higher education is a lucrative industry. Millions of students funnel billions of dollars into universities to not only attain an undergraduate degree but to also live the so-called “college experience.” But just like every other industry, it has been hit hard by the coronavirus, and students are rethinking whether the virtual, online college experience is worth the high price tag.Continue Reading
Enrico Moretti, Professor of Economics, here at UC Berkeley, starts off his book ‘The New Geography of Jobs’ contrasting California’s two cities, Menlo Park and Visalia. Back in 1969, they had comparable income levels and high-paying jobs. But since then, these cities have diverged. Visalia has one of the lowest average salaries in America, while Menlo Park, and the broader Silicon Valley, has the second-highest average salary in the US with its high paying tech employers. Continue Reading
In 1971, President Richard Nixon officially proclaimed a war on drugs. Since then, the United States has spent well over $1 trillion on drug prevention and detainment. “If we cannot destroy the drug menace in America, then it will surely in time destroy us,” Nixon told Congress in 1971. “I am not prepared to accept this alternative.” The goal of the war on drugs is to reduce drug use. The specific aim is to destroy and inhibit the international drug trade — making drugs scarcer and costlier, and therefore making drug habits in the US unaffordable.Continue Reading