I confess: I’m addicted to the battlefield that is the Facebook comments section. Maybe I need to go see a psychiatrist, but the moment I discover a comment thread where two wildly different ideas clash, my interest is immediately piqued. I even enjoy a healthy dose of schadenfreude whenever a conversation devolves into personal attacks. Continue reading “The Truth Behind Facebook Arguments”
President Trump is a renegade for a number of reasons, including wishing the haters and losers a Happy Thanksgiving on Twitter. But he has been shockingly consistent throughout his life in his opposition to trade. It’s not that he’s opposed to free trade, he says, but that he wants “fair” trade. He wants to bring American jobs back. Continue reading “Why We Trade What We Trade”
In lieu of the most nationalistic, err… patriotic, holidays of the year, let’s celebrate the Fourth of July by diving into this year’s EconIcon –Trump’s economic trade advisor, Peter Navarro.
The first day of class is always nerve-racking. You can typically tell within the first few minutes how the rest of the semester will go. If the professor cracks some jokes, hands out the syllabus, and lets you out early, then you’ll probably be in for a good next few months. Other times, your worst fears come true when the professor hands out the syllabus and then proceeds to lecture for the remaining two and a half hours. Continue reading “Do We Talk So Good or Sowell?”
If you mosey on over to Selena’s Instagram page, you’ll see that she is sporting a ton of Puma gear. According to E! News, she signed a two year deal worth over $30 million. Kim Kardashian is another all-star advertiser earning $500,000 per post. Cristiano Ronaldo carries a whopping 104 million followers and also cashes in at around $400,000 per sponsored post.
Imagine what your life could be like if for any situation you could enjoy the upside without suffering any of the downside. Say you love the color yellow, but it totally washes out your skin tone. Or, perhaps you really want to Keep Up With The Kardashians but unfortunately there aren’t enough hours in the day to follow the entire family’s Instagram accounts. It seems like all choices we have in life have a downside, but what if I told you that in financial markets there are contracts with no downside? No, I’m not trying to sell you timeshares. I’m talking about options pricing. Continue reading “Ready To Risk It All Part I, Options Pricing”
My friends are the worst! This past Memorial Day weekend, my three roommates decided to treat themselves to a trip to Founding Farmers and indulge in some dessert. Their decision was fairly spontaneous, which meant I already had previous plans. Determined to make me regret my choice, throughout the afternoon they sent me picture after picture of their desserts. Continue reading “Cake, To-Go Boxes, and Diminishing Marginal Returns”
Hi! Welcome to our store! My name is Kathryn. What brings you out shopping today? Have you tried our new signature scent? It comes in body wash, lotion, fragrance mist, room sprays, candles, foaming hand soap, non-foaming hand soap….If you’ll just give me your hand, I’ll just put a little lotion there…and isn’t that just delightful? No? Not a fan of that scent? Of course you can browse! Take your time. And if you could please just remember to let them know who helped you – no, my name is Kathryn, not Kathleen – just let them know at the register…ok, well, Kathleen works too….” Continue reading “Lighting the Revolutionary Fire: Karl Marx”
I remember my first car accident vividly. I was making a left hand turn out of the parking lot and didn’t come to a complete stop. I was already turning when I saw the blue F-150 driving straight towards me. I stepped on my brakes. Too late. My body jolted forward as the F-150 hit my little black car. Sitting in the front seat, I tried to contain the rising panic, my hands shaking. What would my parents think? If only I had waited just half a second longer…
Animal spirits are involved in a whole lot of our decision making. The famous economist, John Maynard Keynes knew this all along. Continue reading “Animal Spirits Peer Pressurin’ Keynes”