Christina Cardinale; period 1. The saying, “You gotta risk it to get the biscuit” can sum up what it means to break away from the corporate world and start a new business. Starting a new business can mean leaving the security of a corporate job and going into the world knowing that this new occupation … Continue reading
SK Hatcher Should I be in charge? A common topic of discussion in our third period class has been whether or not we feel it right that the American people had no say in who runs the federal reserve. As has been said in the class, this person single handedly has the power to crash … Continue reading
SK Hatcher Soup or Spagetti? Ever since childhood, we have all done our best to maximize our personal utility, we just didn’t know it. I am aware that even from a very young age, I have pensively made every decision through weighing the alternatives. Tonight even, I has a very difficult decision to make: spaghetti … Continue reading
Alexis Camacho – Honorbound Our society is extremely competitive because it is in our human nature, if we were not we would never see the progress of the world today. Furthermore, this “competitiveness” can especially be seen when it comes to the various occupations that individuals can potentially obtain for themselves. With job security, individuals … Continue reading
Annette Peterman: Period 3: Honorbound Why do people oppose what helps them? In Naked Economics, Charles Wheelan brings up an important point “even when economists reach consensus on policies that would make us better off, those policies often run into a brick wall of political opposition” why? [1]. The simple answer is that people seek … Continue reading
Ashey Liu – Honorbound P.S. You might have to read some of this with sarcasm and a little attitude. Incentives act as a force that encourages an individual to do something in which they would probably not do under different circumstances, and incentives are everywhere including the government and businesses. Since they act as … Continue reading
Catherine Bollman Honorbound Period 6 Incentives are all around us from a parent offering ice cream to their child for cleaning their room to a manger offering a bonus to the employee who has worked the most hours. While incentives give the impression of being simple they can unfold to something more complex because of … Continue reading
Brynn Jaspersen–Honorbound Prior to reading Naked Economics, I never considered the idea that politically motivated subsidies could affect modern-day economics. The question lies whether their effect on the economy is a positive or negative one. As chapter eight mentions, “When it comes to interest group politics, it pays to be small” [1]. This is because … Continue reading
Ellie Hagewood HB In a word filled with subjectivity, there is no way to decipher whether or not someone else’s maximal utility will indeed maximize theirs when you are always trying to maximize your own. Utility is not a concrete phenomenon, rather it is more of an intangible and observable reality we strive for [1]. … Continue reading
Zoe Prendergast -Honorbound- Through hosting the 2016 Olympics, Rio De Janeiro attempted to present themselves in a positive manner, showing off their culture, power, and economic strength, but the economic downturn that resulted makes the world question if the Olympics only revealed Brazil’s flaws even more. Often, in times of economic distress, governments will make … Continue reading
Bear Market 