How Do Regulations Truly Affect the Airline Market?
Politics

How Do Regulations Truly Affect the Airline Market?

Executive Summary  Spirit Airlines recently shut down, prompting questioning of whether the airline market would benefit from greater government regulation.  Airline regulations are often ineffective due to many factors unique to the market that are not always heavily weighted. Reversion to increased regulation could be harmful to consumers, leading to increased prices and reduced options.  Introduction  On May 2, 2026, Spirit Airlines declared that it … Continue reading →

Wishing To Overhaul: American-Led WTO Reform Post-MC14 
Politics

Wishing To Overhaul: American-Led WTO Reform Post-MC14 

Executive Summary  Last week, the World Trade Organization (WTO) concluded its 14th Ministerial Conference (MC14) to plan the institution’s agenda for the next two years.  Reform was front-of-mind for all members, including the United States; its vision for the WTO focuses on constraining developing member privileges, ensuring leeway for security-based trade measures, and making member commitments more flexible in general, differing markedly from other proposals like that of … Continue reading →

Pax Moo-ica: Supply Management and the USMCA
Economy / Politics / Tariffs / Trade

Pax Moo-ica: Supply Management and the USMCA

 Executive Summary  One of the United States’ main goals for the 2026 United States-Mexico-Canada Agreement (USMCA) review is to open the supply-managed Canadian dairy market.  This has been a continuous objective of Washington’s for decades; since 2020, inroads have been achieved, but the scope of such market openings seems unlikely to change in the contemporary geopolitical situation.  For these … Continue reading →

Rotting in the Silo: The Chinese Factor in USMCA Agriculture
Politics

Rotting in the Silo: The Chinese Factor in USMCA Agriculture

Executive Summary Last month Canada and China reached a deal to reduce Canadian tariffs on Chinese electric vehicles in return for lower Chinese tariffs on Canadian canola products; this agreement reflects the pragmatic pivot North America has taken toward the Chinese agricultural market.   The Trump Administration’s threat of 100 percent retaliatory tariffs on Canadian imports if a deal goes through has created unnecessary conflict with Ottawa.  U.S.-Mexico-Canada (USMCA) Agreement partners must realize their shared interests in dealing with Beijing and, in one form or another, coordinate … Continue reading →

Politics

Price Controls and Critical Minerals: Understanding the U.S.’s Rare Earth Economic Policies 

Executive Summary:  In response to the Chinese government’s threated export controls on rare earth minerals, the Trump administration has signed frameworks for cooperation on rare earth mining and processing with several countries.  Almost all of these frameworks specifically mention price floors and other pricing controls as a potential policy tool.  Though China is certainly engaging … Continue reading →

Money Supply and the Current Account: Testing the Predictions of the AA-DD Model
Politics

Money Supply and the Current Account: Testing the Predictions of the AA-DD Model

Executive Summary:  Policymakers have increased attention to current account deficits. Though experts debate whether current account deficits negatively impact the economy, many have also put forward theories regarding the influence of money supply on the current account.  The classic AA-DD model predicts that in the short term, an increase in money supply should result in … Continue reading →

The Impact of AI Efficiency Gains on National Debt and Gross Domestic Product 
Politics

The Impact of AI Efficiency Gains on National Debt and Gross Domestic Product 

Aryan Mirchandani  Executive Summary  The recent AI boom has prompted policymakers to forecast exponential GDP growth in the near term, easing pressure on officials to act against rising national debt levels.  The Trump Administration has utilized the AI efficiency boom to continue large levels of fiscal spending, as it implores that this boom will decrease … Continue reading →

Politics / Tariffs / Trade

Betting on Trade: Prediction Markets & Tariff Uncertainty

Executive Summary:  President Trump’s frequently changing tariffs increased uncertainty for many businesses owners. This uncertainty could potentially damage the economy by reducing investment and new research and development processes.  Polymarkets allow anyone to bet on an outcome by buying a yes share or a no share, with the price of a yes share corresponding to … Continue reading →

Trump’s policies will increase home prices in a long-suffering housing market
Politics

Trump’s policies will increase home prices in a long-suffering housing market

Executive Summary   Housing in the United States reached a new low in terms of affordability in May 2025, according to The Federal Reserve Bank of Atlanta’s Home Ownership Affordability Monitor, largely because of a lack of supply in the housing market.  President Trump’s main policy strategies, raising tariffs and decreasing the immigrant population in the … Continue reading →