Month: March 2017

Microeconomics throughout the years has always been ridiculed by other scientists, such as philosopher of science Alexander Rosenberg, for its seemingly weak ability to create valid empirical predictions or explanations. Although those are outside critiques, truth be told, economists also argue over the validity of each others works more often then one might think. More simply, there is not one universal way that economists look at empirically solving, predicating or explaining questions. Evidently, this generally creates huge competition in the field with inconclusive debates, and also supports the beliefs of critics. A recent article from The Economist provides a clear Continue reading Critique→

I’m going to completely nerd out for this post (not that I haven’t been doing that in the past). I’m going to be telling you about my favorite video game, Super Smash Bros. Melee, and more specifically, about some of the Game Theory involved in competitive play. But first, there are a few aspects of the game that I need to talk about first. In Melee, unlike most other fighting games, the characters don’t have life-meters. In order to take a life, a character has to be hit beyond the boundaries of the stage. Each hit that a character takes Continue reading Game Theory of Super Smash Bros. Melee→

This week, I interviewed our own Alex Shaw for our first Thesis Corner of 2017. Take a read! Can you explain to our wonderful readers what your topic is? Yeah, I’ll give it a shot. So, my topic is about comparing wages across countries and essentially using a measure PPP to control those wages their actual buying power within the country that they are in. What made you choose that topic? I originally wanted to do something more along the lines of income by college major but if you Google that you’ll find many articles that have covered that pretty Continue reading Thesis Corner: Interview with Alex Shaw on Wages Between Different Countries→

The interaction between health and money is well-established in America. Money does not necessarily imply perfect health, but rather that should a serious illness crop up, wealthy individuals have the resources to address it with the best treatments available. Of course, this approach is not possible for all Americans, and a series of recent studies have begun to investigate just what happens to patients when the cost of prescribed cancer treatment is out of reach. A recent article published by NPR provides a number of truly stunning statistics, and I strongly encourage readers to give it a look. The research Continue reading Medical Professionals Begin to Weigh “Financial Toxicity” in the Balance for Cancer Patients→

It’s not often that you see countries have a lack of workers available across the nation, but it is the problem that Denmark has on its hands right now. An article from the New York Times outlines what the Danes are dealing with currently, but they simply don’t have enough skilled workers available to fill the jobs they need. The unemployment rate is at 4.3%, and has recovered extremely fast after the recession that hit across Europe. If the unemployment rate goes any lower, the country could run into inflation problems. The NYT notes that this has occurred before: During an economic Continue reading Not enough workers? The problem Denmark faces→