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Economy Policy

Intro to Modern Monetary Theory

In the mid-to-late 20th century, economists predicted that nascent economic theories would mean the death of major recessions and depressions. Governments could preemptively adjust their fiscal and monetary policy to soften or largely prevent the effects of the business cycle, which before was so capricious and severe.  This prediction has proven false. Decade after decade, […]

accounting
Education Investing Personal Finance Stocks

Intro to Accounting

Accounting is like the language of business in that it can communicate how a business is doing financially. Accounting is a process that tells us how much money is involved in certain business and financial activities. In accounting, there are two types of users: external users and internal users. External users, such as banks and […]

Economy Investing

Biotech During the COVID-19 Pandemic

Biotech companies are at the forefront of an unprecedented push to find a vaccine for COVID-19. Because a vaccine will allow people to safely return to work, biotech is the key to ending the pandemic. Biotech companies focus on altering living things, such as genetically engineering crops to have a higher yield or creating vaccines […]

Dado Ruvic | Reuters
Economy Investing Markets People Policy Silicon Valley Stocks Tech

Week of 9/14/2020 Recap

A recap of the past week in 3 short headlines 1. Three’s a Crowd This past week was the 3rd consecutive week that the market declined. Continuing their trends from the previous week of 8/31/2020 and 9/7/2020, the S&P 500 and NASDAQ continued their decline as many investors began to feel uneasy with the current […]

Investing People

How Jim Simons Solved the Market

When it comes to trading and investing in the market, it seems as though people always give the same advice — “invest in what you know” or “look at how specific companies perform”. This has been the only real way to invest for a very long time. Using methods that rely on traditional finance, economics, […]

Economy Education International People

Ricardo’s Theory of Trade

Ricardo’s Theory of Trade is one of the most influential theories in modern global economics. It was created in the nineteenth century by David Ricardo.  The Basics David Ricardo was one of the most influential economists of the early nineteenth century. However, he actually came into economics by accident. Ricardo was born to a traditional […]

stimulus checks
Economy Markets Policy Silicon Valley Stocks Tech

Week of 10/5/2020 Recap

1. Stocks Firing On All Cylinders U.S. equities have continued to rise amidst talk of a $1.8 trillion stimulus package endorsed by President Trump. However, opposing takes from both Democrats and Senate Republicans threaten to derail the package. The S&P 500 closed at $3,477.13, approaching its all-time high at $3,588.11. The Dow Jones and NASDAQ […]

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stock market dow jones
Economy Markets Policy Stocks

Week of 10/12/2020 Recap

A recap of the past week in 3 short headlines 1. Volatile Week Stocks had a rough and volatile week, with new information about stimulus, the current economic recovery, and coronavirus numbers. Stocks opened this week up by rising on Monday but then fell for the next three days. They rose on Friday when data […]

accounting
Education Investing Personal Finance Stocks

Intro to Accounting

Accounting is like the language of business in that it can communicate how a business is doing financially. Accounting is a process that tells us how much money is involved in certain business and financial activities. In accounting, there are two types of users: external users and internal users. External users, such as banks and […]

stimulus checks
Economy Markets Policy Silicon Valley Stocks Tech

Week of 10/5/2020 Recap

1. Stocks Firing On All Cylinders U.S. equities have continued to rise amidst talk of a $1.8 trillion stimulus package endorsed by President Trump. However, opposing takes from both Democrats and Senate Republicans threaten to derail the package. The S&P 500 closed at $3,477.13, approaching its all-time high at $3,588.11. The Dow Jones and NASDAQ […]

Economy Policy

Intro to Modern Monetary Theory

In the mid-to-late 20th century, economists predicted that nascent economic theories would mean the death of major recessions and depressions. Governments could preemptively adjust their fiscal and monetary policy to soften or largely prevent the effects of the business cycle, which before was so capricious and severe.  This prediction has proven false. Decade after decade, […]

green new deal
Economy Policy

The Economics of the Green New Deal

Currently as I write this article, the light filtering through my window is a sickly yellow, the result of the thick clouds of smoke that have rolled in over Seattle. The sky is this hazy, uniform blanket of yellow smog that obscures the horizon. The air is dangerous to breathe and stings at the eyes.  […]

stock market dow jones
Economy Markets Policy Stocks

Week of 10/12/2020 Recap

A recap of the past week in 3 short headlines 1. Volatile Week Stocks had a rough and volatile week, with new information about stimulus, the current economic recovery, and coronavirus numbers. Stocks opened this week up by rising on Monday but then fell for the next three days. They rose on Friday when data […]

surveillance capitalism
Economy Opinion Policy Silicon Valley Tech

The Issue with Surveillance Capitalism

I was having a conversation with a group of friends the other day, and we were talking about how Google or Facebook or any of these companies that offer completely free to use services make money. Most people seem to believe that these companies sell your data, but in reality, it’s a little more complicated […]

Investing Markets Opinion Policy

What I Learned From My Time at the SEC

I accepted my internship offer at the US Securities and Exchange Commission in March 2020. Just a week later, COVID-19 hit the Bay Area harder than almost anywhere else. It forced most of my school work from UC Berkeley online and all but guaranteeing that the internship would be virtual too.  Nevertheless, I had an […]

Opinion

The Importance of Financial Literacy in India

The new morality does not consist in saving but in expanding consumption. Simon Patten Today, India is one of the biggest markets for businesses. Its large population is seen as an asset by Multinational Corporations. India has become a hub for Information and Communication Technology with Banglore seen as the Silicon Valley of India. There […]

stimulus checks
Economy Markets Policy Silicon Valley Stocks Tech

Week of 10/5/2020 Recap

1. Stocks Firing On All Cylinders U.S. equities have continued to rise amidst talk of a $1.8 trillion stimulus package endorsed by President Trump. However, opposing takes from both Democrats and Senate Republicans threaten to derail the package. The S&P 500 closed at $3,477.13, approaching its all-time high at $3,588.11. The Dow Jones and NASDAQ […]

surveillance capitalism
Economy Opinion Policy Silicon Valley Tech

The Issue with Surveillance Capitalism

I was having a conversation with a group of friends the other day, and we were talking about how Google or Facebook or any of these companies that offer completely free to use services make money. Most people seem to believe that these companies sell your data, but in reality, it’s a little more complicated […]