By Libby Scholz. Stanford University. --- In an interview with Stanford Professor John Taylor, we discussed both the new Economics One course at Stanford and Dr. Janet Yellen’s appointment to the Federal Reserve. This article summarizes the interview and provides additional commentary.
Tag: 2014
Creating the McUniverse: McDonald’s Source of Power in Foreign Markets
By Sarah Scharf. Stanford University. --- This paper explores McDonald’s transformation from a small town burger joint to the poster child for globalization and economic development abroad. To gain its position as one of the few truly global companies, McDonald’s has exploited...
The Effect of Marijuana Policy on Crime
By Christian Holmes. Middlebury College. --- The effect of marijuana policy on crime is examined in this paper using a difference-in-difference method. The crime rates in states that legalized medical marijuana were compared to the rates in states that prohibit medical marijuana. This effect was investigated during...
Near East Demographics and Terrorism
By Matthew J. Quick. University of Maryland. --- This paper analyzes the probable change in the incidence of terrorist events due to demographic factors for the Near East Region. I first present the predominant literature view that poverty, income inequality, and cultural differences...
Hydraulic Fracturing Regulation: State-Level Policy Factors and Regulatory Stringency
By John Iselin. Reed College. --- Hydraulic fracturing is a method of oil and natural gas extraction that allows access to new sources of fossil fuels, but raises new and difficult questions of environmental...
The Decline of Localized Education in the United States: A New Age of Bureaucratization
By Ryan Chen. Stanford University. --- This paper examines the bureaucratization of the American public education system, with particular focus on elementary and secondary education from 1945-2000.
Examining the Presence of Luck and Skill in Mutual Fund Returns
By Joe Matten. Stanford University. --- I wrote the following essay for Professor Shoven’s class, “A Random Walk Down Wall Street.” Inspired by Burton Malkiel’s book of the same name, the class featured discussions of the major topics and themes of the work...