Dedicated to increasing public understanding about the role of government in a market economy
By Alexis Gimbel The concept of corporate social responsibility, also known as “CSR,” is a company’s efforts to take accountability for its effects on the environment and society. A firm that practices CSR will often operate in a manner that surpasses the business standards required by government regulations. This ideal has led to the development … Continue reading Corporate Social Responsibility and the Millennial Generation
By William Reynolds Monopolies are often the by-product of market failures that are induced through crony capitalist policies. Crony capitalist policies are pieces of legislation enacted to benefit politicians and private companies at the cost of the consumers. The ramifications of these policies on competitive markets can be far-reaching, and in certain instances have larger … Continue reading Crony Capitalism and the Rising Price of the EpiPen
By Giovanna da Silva As a part of his plan to revamp US public infrastructure, President Donald Trump recently suggested increasing the gasoline tax to 25 cents a gallon from the current rate of 18.4 cents per gallon to help fund his $1.5 trillion infrastructure plan. This isn’t a new idea, however, as proposals for … Continue reading Raising the Gas Tax Will Not Help Finance Public Infrastructure
By Gianni Vasquez Businesses play a crucial role in generating economic growth and prosperity. While they increase people’s standards of living through job creation, companies are in a position to further benefit society by incorporating social responsibility as a part of their mission. Philanthropy not only strengthens the brand of the company, but also creates … Continue reading Businesses Benefit from a Philanthropic Approach
By Alex Krutchik Almost every day, we pass by a food truck. Whether it be on campus, a local park, or a carnival, the idea is the same: go up, order your food, pay for it, and receive what you ordered. But for six trucks across the United States and Canada, the process works in … Continue reading Food Trucks Pave Way Toward Food Security
By Justin Langford The emergence of ridesharing has revolutionized the transportation industry. By providing an online interface to connect passengers to drivers nearby, Transportation Network Companies (TNCs) such as Uber and Lyft offer an inexpensive and convenient alternative to traditional taxi services. The rise of TNCs, however, has brought about criticism among legislators and attempts … Continue reading Regulation of Ride Sharing Services Unnecessary Based on Evidence
By Caroline Descorbo Having access to clean drinking water is essential to sustaining human life. According to the Center for Disease Control, 780 million people do not have access to “improved,” or sanitary, sources of water. According to the World Bank, 88 percent of diseases contracted in developing nations can be attributed to unsafe drinking water … Continue reading Private Companies Partner to Conserve and Purify Water
By Kristen Carpenter A gallon of milk in Israel costs approximately $6 and eggs are priced at around $3.50. Meanwhile, the prices of milk and eggs in the United States cost consumers about half as much: $3.20 and $2.41, respectively. Israel’s high food costs can largely be attributed to the country’s arid and hilly landscape … Continue reading Israeli Consumers Would Benefit from Greater Competition in Agricultural Industry
By Kristen Carpenter Israel is often nicknamed as the “start-up nation” for its thriving high-tech industries and successful entrepreneurial ventures. Unfortunately, the country is also known for its protectionist policies in the economic sector. A report by the Brookings Institution found that Israeli industries have above-average market concentration rates across all sectors, including manufacturing, real … Continue reading How Israel’s Crony Capitalism Undermines Its Reputation as a “Start-up Nation”
By Maia Hass As the world becomes more technologically advanced, the online peer-to-peer sharing economy grows with it. In the last decade, digital platforms such as Airbnb, VRBO, and HomeAway have introduced more personalized lodging options. However, the unique features associated with these platforms have raised concerns among consumers and legislators about the lack of … Continue reading How Technology is Enabling a Revolution in Effective, Efficient Self-Regulation
