When it Comes to EXIM, SOEs Could Cost China
The reauthorization of the U.S. import-export bank could be critical to U.S. companies in the wake of the trade war with China.
All posts filed under: Alex Benedict
Who Runs the Business World? Not Women, But Performance Suggests They Should
The glass ceiling is all too prevalent in Fortune 500 companies, where women are incredibly unlikely to find themselves on executive boards, and even less likely to find themselves as CEOs.
Leveling the Playing Field
By: Alex Benedict While millions of dollars are pumped into the youth sports industry every year to provide aspiring athletes the best opportunities possible, research shows that individual drive is a better indicator of future athletic success than favorable circumstances. Club youth sports have become a booming business since the turn of the century, displacing many local recreational initiatives. The requirements to participate in the youth sports industry–specifically the necessary commitment and funds–have become so time consuming that youths’ athletic schedules almost resemble that of professional athletes’. WinterGreen Research, a company that focuses on the industry, estimates that the industry is worth upwards of $15 billion and has grown 55% since 2010. According to TIME, there is a 2% chance of high school athletes continuing their athletic careers at the top collegiate level. When it comes down to it, the money invested in obtaining an NCAA Division 1 or 2 athletic scholarship in many cases–including club teams, private coaching, and travel expenses–could have likely been saved and put towards a college education instead. Specialization There are …
Cuomo’s College Plan: ‘Free’ But At a Cost
By: Alex Benedict While it is a step in the right direction, New York’s free tuition plan has some wrinkles to be ironed out. In January of this year, New York Governor Andrew Cuomo introduced a program to allow middle class students to attend two and four-year public colleges within the state for free. The Excelsior Scholarship, which was finalized by the state house and senate in April, will allow 940,000 middle-class families the opportunity to further their education. Starting in the fall of 2017, participants have the ability to attend a City University of New York (CUNY) or State University of New York (SUNY) “free” of charge. The Excelsior Scholarship is the nation’s first accessible college program with a four-year option, and it has the potential to inspire other states to follow depending on the economic effects of the program. These effects will be realized once the plan is completely phased in and the first participants of the program graduate from their universities. The plan’s specifications include that any recipient of the scholarship must remain …
Good in Theory: Insurance Sales Across State Lines
Ideally, the sale of insurance across state lines would drive down the price of plans. But in reality it will do the opposite for people who need them the most.
Hot or Not: One Way to Clean Up America
The United States should take notes from Sweden’s environmentally protective waste-conversion initiative. But is the new administration willing to listen?
China, in the Kitchen, with a Candlestick
Lawmakers are going to have to start pointing fingers in the right direction if they have any hope of solving the country’s unemployment issues.
A Politically Fueled Sunday
Politics did not take a break for Super Bowl LI.
The Economics Review 