Russia’s War on Wine, Cheese, and Chocolate

Russia’s War on Wine, Cheese, and Chocolate

With three months of continuous protesting, the riots in Ukraine are playing out with the typical high drama of Russian politics. Many Ukrainians want the Ukraine to move closer to Europe, while the rest of the country wants to strengthen ties with Moscow. After years of simmering in the shadows,...

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What The Minimum Wage Means to America, Pt I

What The Minimum Wage Means to America, Pt I

In the days before the 2014 State of the Union, the internet exploded with speculation over what Obama would cover in his address. One hot button topic was the expected use of executive orders to further his agenda, especially with regards to minimum wage. Obama did not disappoint, announcing he...

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The Right Decision vs. The Right Decision

The Right Decision vs. The Right Decision

David M. Walker, the Comptroller General of the United States from 1998 to 2008, stopped by campus this week to talk about the U.S. debt. His talk follows on the tails of The Can Kick Back’s college tour. TCKB, an organization formed by millennials with a focus on tackling the...

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Waste Not, Want Not? The $165 Billion Question

Waste Not, Want Not? The $165 Billion Question

Food stamps are a popular topic in this column (recently, they were covered here and in more detail, here). Food stamps are a good choice for a column on economic policy—there’s a lot of data, they’re a social issue, and there’s a handful of economic models to explain the various...

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Consuming Confidently: What Does it Mean?

Consuming Confidently: What Does it Mean?

News today is two things: Miley Cyrus and the government shutdown. Luckily for you, I’m going to give you a respite from the two. Today is about consumer confidence. Consumer confidence has been a buzzword since institutions began collecting data in the mid-1960s, and is a hot topic in relation...

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Stop the SNAP Judgements

Stop the SNAP Judgements

It started with the election debates, disappeared for a few months, and now it’s back: the argument over the future of SNAP has resumed. This past Thursday, the Republican led House voted to cut food stamps. The vote split cleanly among party lines and drew outrage from Democrats in the...

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A 10,000% Tax to Help Stop Violence?

In wake of the recent mass shootings, the phrase “guns don’t kill people, people kill people” has been tossed around like political confetti by guns rights activists. Proponents of this kind of thinking have tweaked the formula, tweaking it into a “mentally ill people kill people.” While these arguments have...

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The Monetary Costs of Gun Violence

Remember the old Mastercard commercials? You had something for $X and something for $Y (ideally, these were paid for by your hypothetical Mastercard), and the combination of these culminated in a priceless moment/experience. Child’s first birthday? Priceless. Relaxing on a vacation? Priceless. When it comes to economics, this “priceless” notion...

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Fiscal Cliff Diving

Anyone who has tuned into the news recently has noticed the fiscal cliff. From the way politicians and pundits describe it, the United States is hurtling towards the edge. Like the chicken scene from Rebel Without a Cause, we are locked in, gathering speed, and the end is inevitable and...

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Giving Thanks for the U.S. Dollar

With the election excitement over and our country hurtling towards a fiscal cliff, it doesn’t seem like there is much to give thanks for in the current U.S. economy. Hurricane Sandy devastated areas of the East Coast, forcing people out of their homes and jobs. The unemployment report for October...

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