About Rachel Kadoshima

Rachel is a senior economics and French language student

Saved by the Bell: Socioeconomics and the American School System

Professor Terry Beck links a jamboard into our class’s zoom chat. He offers his students prompts and asks us to drop a virtual sticky note on a plane, each corner labeled “strongly agree, agree, disagree, strongly disagree”. Each prompt discusses the involvement of socioeconomics on student performance. Slowly, colorful stickies populate the page, scattered across the axes. We spend the class discussing our interpretations on the American school system, standardized testing, and socioeconomics. In preparation for class, we read Richard Rothstein’s article “Why Children from Lower Socioeconomic Classes, on Average, have Lower Academic Achievement than Middle-Class Children”. Frequently, academic achievement Continue reading Saved by the Bell: Socioeconomics and the American School System

Small Businesses During COVID-19

Life has changed since lockdown. Even though businesses are beginning to open their doors, occupancy limits and mask mandates serve as reminders that the pandemic is still present. CNBC stated that as of August 31st 163,735 small businesses indicated on Yelp that they closed due to the COVID pandemic. While the number of temporary closures has decreased since the beginning of the pandemic, the number of permanent closures has increased. How can consumers support their community businesses while still social-distancing? Forbes offered some suggestions such as: Order to-go from restaurants Order delivery from shops Buy gift cards or credit for Continue reading Small Businesses During COVID-19

There’s no such thing as a free lunch–but there is free Hulu

Well…I broke. Over a year ago I wrote about how I continued to purchase individual songs from iTunes rather than subscribe to Spotify Premium or Apple Music (read the article here). Now, two years older and in the middle of my last semester of undergrad, I decided to take advantage of my student status and subscribe to Spotify Premium, which just conveniently offers ad-supported Hulu in addition to a premium Spotify account. The past sixth months of pandemic life changed the way I viewed streaming services. First, it was the Netflix subscription in April (I missed the Tiger King era). Continue reading There’s no such thing as a free lunch–but there is free Hulu

Tim Duy and The Fed’s Response to COVID Pandemic

Thursday, September 24, 2020 University of Oregon professor Tim Duy spoke to the University of Puget Sound economics department on the Federal Reserve’s response to the COVID-19 pandemic. Duy is a UPS alumnus, and continued at University of Oregon to receive his M.S. and PhD in economics. His blog Tim Duy’s Fed Watch keeps readers up to date on new monetary policy and Federal reserve updates. Duy split his presentation into two parts: first, the direct response of the Fed to the pandemic; second, the innovations that the Fed implemented to update its policy for post-pandemic monetary policy. “This is Continue reading Tim Duy and The Fed’s Response to COVID Pandemic

Back to School: Education During a Pandemic

The culmination of September marks the end of back-to-school month, and while some quarter-based universities are just sending out their syllabi, most elementary through high schools are wrapping up their first month of classes. The current pandemic calls for states, school districts, and superintendents to make a difficult decision: do in-person classes resume? Those in favor of in-person classes argue that students will receive a higher quality education than that provided remotely, and also state that remote learning would require parents to either work remotely or take time off work to stay home with their children. Proponents of remote learning Continue reading Back to School: Education During a Pandemic

The Economics of Halloween

The chill in the air, orange leaves, and Tacoma rain that now graces UPS signal that October, and thus spooky season is in full force. As the nation gears up for football season, the World Series, and pumpkin flavoring, children young and old prepare for Halloween, the holiday of holidays. Although the winter holidays more often elicit ideas of consumerism, Halloween still generates a relatively large surge in household consumption. According to The Balance, last year’s Halloween sales hit $9 billion, just shy of 2017’s $9.1 billion. The Balance sites the National Retail Federation’s annual survey, which found that people Continue reading The Economics of Halloween

Seattle Considers Congestion Pricing

Driving through Seattle is a challenge. Seattle is one of, if not the most, traffic congested cities in the state. In an attempt to alleviate some of the traffic, the city of Seattle may implement congestion pricing: a toll that drivers must pay to use popular routes during peak hours. If successful, the tax will reduce use of the roads during those hours, and the revenue collected will fund transportation projects. Cities such as New York, London, Singapore, and Stockholm have already used congestion pricing. While New York’s tax is fairly new, the system worked well in the other cities. Continue reading Seattle Considers Congestion Pricing

New Seattle substation powers tech industry

Due to its expansion over the past years, the city of Seattle decided to construct the Denny substation, which will provide power to South Lake Union and Denny Triangle. Seattle began budgeting for the substation in 2003, when then-mayor Greg Nickels and billionaire Paul Allen revealed a proposal to turn South Lake Union into a biotech center. According to Seattle Times, the Denny will supply power to Amazon, Facebook, and Google, and additionally back up the current network. Although the new substation reflects a growth in Seattle’s tech industry, it still imposes an economic burden on the city. It cost Continue reading New Seattle substation powers tech industry

Organic Food: Worth the Cost?

Multiple health trends have risen in popularity over the past decades, but few have persisted as long as the organic food movement.  According to the USDA and Organic.org, “organic” produce must be grown without synthetic pesticides, synthetic fertilizers, sewage sludge, genetically modified organisms, or ionizing radiation. Animal products must come from animals that have not taken antibiotics or growth hormones and have been fed 100 percent organic feed. In order for products to receive the “made with organic products” seal, they must contain at least 70 percent organic products, and the remaining 30 percent must not use certain prohibited practices, Continue reading Organic Food: Worth the Cost?

Thesis Corner: Finn Dobkin

Today’s Thesis Corner features Sound Economics’ very own Finn Dobkin. His thesis examines why the Great Depression affected Washington State more severely than the rest of the country. Upon further analysis, the history of Washington’s economy explains its collapse. In 1821, the Hudson Bay Company merged with the Pacific Northwest Company during the period of European colonization. Since the Hudson Bay Company was located overseas in London, it exerted no in-person control over Washington’s economy. The company focused more on exploiting Washington’s resources for short-term profit, particularly fur and timber, which continued throughout most of the state’s history. During WWI, Continue reading Thesis Corner: Finn Dobkin