The cost of medical care and college tuition have skyrocketed for the past few decades. Since 1978, the cost of medical care has risen approximately 7 times, and college tuition has risen almost 12.5 times, while consumer prices and average wages have only risen 3 times as much. This means that health care and college … Continue reading Why Are Medical Care and College Tuition getting so expensive?
Lyncy Nyandoche, Bryn Mawr '21 In the first six months of office the Trump administration repealed the Obama workplace rule which required companies to disclose any labor violations that they have committed when applying for federal contracts. Furthermore, it removed the obligation of employers to accurately record their worker’s injuries and illness and thus reduced … Continue reading The Debate: What’s Your Stand on Labor Standards?
Zhongxuan Wang, Bryn Mawr '21 The recent trade war between the U.S. and China has ignited attention around the world as President Trump on March 22, 2018 signed a memo instructing the government to impose $60 billion in tariffs and institute tighter restrictions on acquisitions and technology transfers. The Chinese government in response unveiled plans … Continue reading Should We Be Afraid of a Trade Deficit?
Last week the minutes to the Federal Open Market Committee’s May meeting were released with support that the Fed will increase interests rates in June if the economy continues to show signs of growth. The U.S. jobs report on Friday is expected to bolster confidence for the rate hike. With higher interest rates coming soon … Continue reading Fed Rate Hikes & Emerging Economies
Convergence* or what has been referred to lately as “The “C” word”, has not taken place despite many scholars’ anticipation. The Trickle-down economics proved to be –but a compelling narrative to back-up the modernization thesis and to legitimize the liberal neo-imperial agendas of the developed west. It seems that it takes more than time to … Continue reading The South-South Cooperation model in the African Continent
From January 14th to 15th, the third annual China EV100 Forum 2017 was held in Beijing. The forum focused on the development of electric vehicle and its market in terms of technology and public policy. Technology Improvement: The minister of Science and Technology Wang Gang: We cannot rely on adding batteries to improve the electric … Continue reading Sustainable Future in China: The Development of Electric Vehicle
After Carrier’s deal with President Trump in late November of 2016, the question of taxes on outsourcing companies has been widely discussed. During his campaign and post-election, President Trump has reiterated his intentions for implementing a 35% border tax on U.S. based firms that move production overseas. While this effort to preserve jobs has yet … Continue reading Tax on Outsourcing Production