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Minimum Wage and Unemployment: Is it time to break up with …

WEBJENNIFER JACKSON – MARCH 3RD, 2021 EDITOR: KAT XIE. On January 14, amidst economic and social turmoil, incoming President Joe Biden announced a $1.9 trillion …

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URL: https://econreview.studentorg.berkeley.edu/minimum-wage-and-unemployment-is-it-time-to-break-up-with-neoclassical-economics/

The Cost-Benefit Analysis of Climate Change

WEBAccording to an analysis from the University of Chicago, “the full mortality risk of climate change, the sum of both deaths and adaptation costs measured in death …

Category:  Health Go Health

Healthcare: Privatize or Nationalize

WEBThe National Health Service in the UK is called a “black hole in funding” because nationalized healthcare services tend to entail tremendous costs for the …

Category:  Health Go Health

Then and Now: The Crisis of the 1970s and the Upheaval of the …

WEBEDITOR – MILLIE KHOSLA. When the world came to a screeching halt in March of 2020 because of the coronavirus pandemic, economic policy seemingly underwent a seismic …

Category:  Coronavirus Go Health

The Hidden Importance of Taxes: More Than Just a Nuisance for …

WEBTwo of the main talking points surrounding tax rates are the effect of increasing taxes on economic growth and productivity. Alinaghi and Reed (2020) find that a 10% increase in …

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The Merits and Drawbacks of Philanthrocapitalism

WEBVASSILISA RUBTSOVA – MARCH 14TH, 2019 Bill Gates, the poster-child for the moral billionaire, has confidently stated that, “Businessmen and businesses are …

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Beyond GDP: Economics and Happiness – Berkeley Economic Review

WEBYet GDP per capita only explains 14.1% of the nation’s overall happiness score, whereas social support explains substantially more, about 20% of the score. The …

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Interview with Ben Harrell – Berkeley Economic Review

WEBInterview with Ben Harrell. APRIL 26TH, 2023. Ben Harrell is a postdoctoral researcher at Vanderbilt’s LGBT Policy Lab. He is an applied microeconomist whose …

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Unboxing Universal Basic Income – Berkeley Economic Review

WEBThis policy, which guaranteed every American adult a basic income of $1,000 every month, gained traction with the general public quickly. Yang’s flagship proposal is more …

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A Tale of Two Countries: A History of the Greek Debt Crisis

WEBWhen the Greek economy experienced a tumultuous debt crisis in the aftermath of the 2008 Great Recession, this saying came back to haunt Europe time and …

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Consumers Think Inflation is Really Bad Right Now. Are They Right

WEBConsumers also aren’t always good at accurately perceiving inflation. According to a 2022 IMF report, “households hold very disparate views on inflation and …

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The Tragic Simplisticity of GDP – Berkeley Economic Review

WEBGross Domestic Product (GDP) has been a standard measure of economic growth and prosperity since the second world war. Its endurance for the last 70 years as …

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Twenty Years Later: An Evaluation of the Acid Rain Program of 1990

WEBTwenty Years Later: An Evaluation of the Acid Rain Program of 1990. Posted On : November 9, 2022 Published By : BER staff. JONATHAN LI – NOVEMBER 9TH, …

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The Macroeconomics of Happiness: A Case Study of Bhutan

WEBNevertheless, it is the Gross National Happiness Index (GNH), Bhutan’s main macroeconomic indicator, that stands as the country’s most radical achievement to date. …

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Pioneers, Knights, and Guilds: History of the Cooperative Movement

WEBBetween 1830 and 1840, many attempted co-ops were formed and decisively failed and dissolved. However, in 1844, emerged the Rochdale Pioneers, a …

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Rethinking Socialism – Berkeley Economic Review

WEBDue to this focus on reform and pragmatism, Social Democracy is sometimes criticized as having compromised to the point of no longer being consistent …

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Is Antitrust Enforcement Effective

WEBAs market consolidation increased since the 1990s, resources devoted to antitrust enforcement have fallen. GDP growth has far outsripped antitrust resources; …

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Paying Attention: The Attention Economy – Berkeley Economic …

WEBThe term “attention economy” was coined by psychologist, economist, and Nobel Laureate Herbert A. Simon, who posited that attention was the “bottleneck of …

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The Economics of Child Marriage – Berkeley Economic Review

WEBHaving more children reduces a household’s ability to pay for food, education, and healthcare. The alternative to child marriage is having an education, so the …

Category:  Food Go Health

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