I recently took a three-week-long class at Columbia University about creating a venture/startup taught by professor Jack McGourty Ph.D....

Financial exclusion remains a persistent global challenge, constraining economic development and deepening poverty. Nearly 1.4 billion adults worldwide lacked a formal financial account in 2021, even as affordable financial services are recognized as “a key enabler to reducing poverty and boosting prosperity.”

If you are a student, you’ve probably noticed the varying amounts of college tuition that exist in the United States. You can go to community college and pay about $3,000 a year for your education, or you can go to a private university and pay $100,000 a year for tuition. No matter how different these numbers are, they share one thing in common: they can change. College tuition is not a static figure, and unfortunately, the amount usually gets bigger and bigger every year.

The success of the welfare state system in Northern Europe—integrating economic vitality, social security, and political confidence—is the result of a combination of factors that most larger countries find difficult to replicate. The secret isn’t one particular policy, but an interlocking social investment ecosystem, where government, business, and labor each make commitments that reinforce each other’s credibility.

I’m sure you have seen the word tariff multiple times in the last six months. Something that has become very popular under the Trump administration, tariffs are everywhere and are affecting everyone. But what is a tariff and how does it apply to the United States and the global market? At its core, tariffs are simply a type of tax; however, they can get much more complicated than that. 

China’s rapid economic growth has been driven by both central and provincial governments, but the latter's role in fueling the nation's development has also created an increasingly concerning problem—provincial debt. Although this debt has been mostly been the resulting of financing essential infrastructure projects and stimulating local economies, the long-sighted impact of this debt may destroy the economic stability of China.

Have you ever seen the words budget deficit or national debt being brought up when new spending bills are being passed or when someone...

Imagine you’re about to sign a lease on your dream apartment, only to have the landlord hesitate when they see a three-digit number on your application. That little sequence—your credit score—can open doors to the best interest rates or slam them shut, forcing you into a high-cost world of fees and higher payments. But what exactly is a credit score, and why does it wield so much power over your financial give life?

In the past few weeks, you may have seen the words “big, beautiful bill” floating around on your television while watching the news. But what is this bill?

Subsidies act as a supportive boost from government funds, steering markets toward outcomes that the government considers favorable. However, although they can reduce the cost of your morning coffee (or make it easier for you to purchase an electric vehicle) they also have concealed impacts that spread throughout the economy. Let’s explore how subsidies transform markets, in both beneficial and detrimental ways. 

You’ve probably learned about different economic philosophies in history class, whether that be socialism, capitalism, or communism....

Deflation in contrast with inflation is a fall in the overall level of prices of goods and services. Although that may be good to consumers, deflation can be disastrous to an economy as it may deter spending, raise debts and retard investments.

Do you ever see family members or friends getting annoyed that gas prices have risen by 40 cents per gallon, or maybe you have noticed that the restaurants you go to slowly increase their prices over time? A frustrating experience of life, inflation is the rise of goods and services in an economy over a period of time. It is something that is global, and right now the U.K. is experiencing some of its highest inflation rates since January of last year. 

By many measures, the title of “boldest economic reforms carried out in the 21st century” belongs to the reforms carried out by Javier Milei following his victory in the 2023 November elections. Vowing to upturn the precedence set by his Peronist predecessors, who were largely in favor of the nationalizing the economy in many respects, Milei has pursued a policy entirely different.

In an era dominated by big data, economic research is undergoing a transformation. As the global economy grows increasingly complex,...

Abstract This paper examines the economic implications of scientific media coverage and its impact on business behavior, market dynamics,...

"AI Literacy" [from ScienceDirect] is defined as “the ability to understand the basic techniques and concepts behind AI (artificial...

In August 2017, at BRD Medical College in Gorakhpur, India, medical oxygen was fully cut off due to the hospital's inability to pay over...

Introduction to Corporate Social Responsibility  Corporate Social Responsibility (CSR) refers to businesses' targeted efforts to enhance,...

It is a truth universally acknowledged that Barbie™ has taken the world by storm. In fact, it only took a few weeks for the movie to...