The Economics Behind Teenage Expenditure
By Suyash Raghavendra When I recently went for a casual walk through a shopping mall with my family, something felt immediately strange. Aside from me and my brother, almost everyone browsing the stores looked to be in their forties or sixties. I remember thinking, Did young people suddenly stop caring about clothes? About trends? About shopping? Of course, they didn’t. They just stopped coming here. Teenagers still shop constantly—they just do it from their phones. Instead o
3 days ago6 min read
Facts vs. Experience: Are We Trusting Data More Than People?
By Meghna Sethuraman On October 29th, 2018 a catastrophic plane crash, known as Boeing’s 737 MAX crash took place. The plane crash killed 346 citizens, and numbers of over $60 billion worth of financial damage formed. It culminated in thousands of canceled orders, and even led to the firing of CEO Dennis Muilenburg. Breaching the trust of a multitude of citizens in Boeing's engineering and safety protocols, the crashes continue to “linger” to this day, as seen even through th
Mar 104 min read
Does Money Really Buy Happiness?
By Inaya Soni Can money really buy happiness, or is it just something people say? People have argued over this, saying that you need money in life to be happy, or money can help, but it isn’t what is mainly used to give you happiness. Many studies have explored the connection with money and happiness, while trying to figure out how different things can make us feel. This paper will look at how money can affect our happiness, and if there is a limit to how much money can give
Mar 104 min read
How Social Media Algorithms Shape Our Thinking and Beliefs
By Inaya Soni Social media is something we use everyday without thinking much about how it really works behind the screen. Whether it’s something like TikTok, YouTube, Instagram, or even FaceBook, what we see is quite often chosen for us by algorithm. These algorithms decide what we watch, read, and even believe; it’s all based on what we’ve clicked on before. While these algorithms do seem to be helpful at times, they can also shape our thinking in ways we don’t always know
Mar 14 min read
