Economy International People

Microfinance, Muhammad Yunus, and Global Poverty

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Global poverty is an issue. It’s not that hard to recognize this fact. The trouble comes in identifying solutions. Charities are one angle by which the world is tackling the issue. Education, infrastructure, and ending political conflict are others. In the 1980s a new, novel idea grew prominent. Microfinance promised a sustainable way to elevate […]

Economy Tech

A Transition to E-commerce

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E-commerce, or commerce conducted over the Internet, is the future of business with over 1.8 billion people worldwide purchasing products online in 2018. By the year 2040, it is estimated that 95% of transactions will be done online. This rush for online products has only been accelerated by the COVID-19 pandemic. As a majority of […]

Economy Education

Financial Crisis Breakdown Part One: Securitization of Mortgages

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From 2007-2009, the United States witnessed its biggest economic crash since the Great Depression. The Great Recession left 8.8 million people without jobs, shooting unemployment up to 10% and leaving about 10 million Americans without homes. The stock market crashed with the DOW dropping around 7,000 points or 54% in a span of 18 months. […]

Economy Education

Economics of Systemic Racism

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These past few weeks of heightened activism highlights that our nation is waking up to the injustices that our communities have faced for decades. Every person with common sense can acknowledge the rawness of the abuse people of color experience in this country, from the ongoing indignities to the extreme violence, like the horrendous killing […]

Economy Education

Intro to Keynesian Economics

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Macroeconomics is the study of the economy as a whole. In macroeconomics, a set of economic principles known as Keynesian economics is highly influential. Since its conception in the 1930s, Keynesian economics has influenced the policy of governments around the world. Often immediately following a recession, a period of decline in economic activity, governments utilize […]