From “Developing” to “Developed”: A Maturing China
Economics

From “Developing” to “Developed”: A Maturing China

With much wisdom and foresight, Chairman Deng Xiaoping introduced sweeping reforms that turned China from a centrally-planned economy to a market economy in 1978. By allowing farmers to keep their own crops for sale, the Chinese leadership provided incentives to farmers for increasing yield and freed up rural labor to move to the cities. In … Continue reading

The Uncertain Future of the Volcker Rule
Economics / Finance

The Uncertain Future of the Volcker Rule

Dismantling the Dodd-Frank Act is one of president-elect Donald Trump’s campaign promises. Written in response to the Financial Crisis of 2008, the Dodd-Frank Act is a sprawling financial reform legislation aimed at improving the stability of our financial system. A key component of the act, the Volcker Rule, faces demise under the new administration. The … Continue reading

Why is Health Care So Expensive?
Economics / International Business

Why is Health Care So Expensive?

As New Year approaches, people shopping on to Healthcare.gov for their 2016 health insurance plans found double-digit inflation in premiums across the board, while those who tried to switch to cheaper plans were forced to accept heavy deductibles and weaker coverage. This combination of higher premiums and larger out-of-pocket costs left many Americans wondering whether … Continue reading