Latest Entries
Technology’s Hand in the Creation of the Superstar Phenomenon

Technology’s Hand in the Creation of the Superstar Phenomenon

Mohitha Peram – Stewart Question: What is the superstar phenomenon and how did modern technology lead to its creation? According to Sherwin Rosen’s “The Economics of Superstars”, the superstar phenomenon is the effect “wherein relatively small numbers of people earn enormous amounts of money and seem to dominate the fields in which they are engaged.”[1] This … Continue reading

Does Immigration really maximize our economic utility?

Does Immigration really maximize our economic utility?

Isabella Hernandez- Aparicio President George W. Bush stated, “nearly all Americans have ancestors who braved the oceans – liberty-loving risk takers in search of an ideal – the largest voluntary migrations in recorded history… Immigration is not just a link to America’s past; it’s also a bridge to America’s future” [i]. The flow of immigrants … Continue reading

The Fight for Rides

The Fight for Rides

Kaitlyn Montemayor- Aparicio America. A country with a population of three hundred twenty-five million seven hundred thousand people, all with very busy days ahead of them from the moment they wake up. Most people have important places to go, such as work and school. Even after the day is over, people want to end their … Continue reading

Why Incentives Matter

Why Incentives Matter

Haley Rickman June 22, 2018 Economics Honor bound   In what way can incentives in a market go wrong? In what way can constraining a market lead to perverse incentives? Think about applying this kind of thought to a particular situation.   Whether or not we recognize it, incentives drive humans toward success, whether it … Continue reading

Saving Lives—and Money!

Saving Lives—and Money!

Sophia Arias Why do we not invest in education if a more educated public leads to greater productivity and overall social and economic progress? There is a direct correlation with lack of education and incarceration. Education boosts human capital. Education forms the bases of society. Education helps our economy thrive. India is a prime example … Continue reading