The Economic Risks of Dismantling the PCAOB

By Taehun Kim | Spring 2026 The Public Company Accounting Oversight Board (PCAOB), created by the Sarbanes-Oxley Act of 2002 (SOX), is an organization that regulates audits of public companies and brokers and dealers registered with the Securities and Exchange Commission (SEC). Their goal is to oversee the auditing profession and the auditing standards, and …

Acquisition or Organic Growth? A DoubleEvent Study of Netflix’s Attempted Mergerwith Warner Bros. Discovery

By Kayvan Sinha | Spring 2026 – Volume 16 Introduction Netflix transformed the entertainment industry in 2007 when it pivoted from a mail-in DVD service to an online streaming platform, giving viewers immediate, ondemand access to its movie collection. As audiences discovered they could watch entire seasons and movies at any time, the ‘binge-watching’ phenomenon …

From Farmers to Builders to Tax Revenue: Migrant Crackdowns are Changing Migrant Labor

By Jessie Chen and Caleb Bergeron | Spring 2026 – Volume 16 Introduction Since the return of the Trump administration, the United States has seen a sharp escalation in immigration enforcement. In May 2025, Trump’s adviser Stephen Miller publicly stated that DHS has a target of 3,000 daily arrests (Olivares, 2025), and by November 2025, …

Is a Master’s Degree Still Worth It In 2026?

By Alex Jue | Spring 2026 – Volume 16 For decades, college graduates have faced lower unemployment rates, lower barriers to entry-level roles, and more stability in employment than high school graduates without college educations. Along with higher wages, these advantages and benefits reinforced highereducation since it became more accessible to the public scholars as …

Islamic Finance: Principles and Practice Beyond Interest

By Raja Chinnakotla | Spring 2026 – Volume 16 Why is Islamic Finance Different? In conventional understandings of economics, the idea of interest and the cost of borrowing money are a foundation for the field. In the field of economics, interest is a nonnegotiable fact. Among international groups, including the World Bank and the IMF, …

Madison’s Invisible Ceiling: An Analysis of Height Restriction andHousing Density 60 Years Later

By David Miller | Spring 2026 – Volume 16 Introduction If you live in Madison, you will certainly have heard the phrase “housing crisis” in recent years. You may have also noticed the near-constant development of new apartment buildings downtown. This might be related to the over 8,500 first-year students admitted yearly by the University …

The Economics of Wisconsin Dairy

By Justin Dickman and Declan Rafter | Spring 2026 – Volume 16 On a dewy morning in Greenleaf WI, Jim Leick rolls out of bed at 4:30 AM and throws on a pair of jeans before greeting the gray gravel paths and navy blue feed silos at Greenleaf Ledge Dairy family farm (GLD). Approximately 700 …

Correcting Externalities or Reinforcing Inequality? Evaluating India’s Vehicle Scrappage Policy

By Ananya Vashishth | Spring 2026 – Volume 16 Introduction On any given morning in Delhi, Mumbai, or Bengaluru, a decades-old scooter may idle beside a brand-new SUV at a traffic light. The contrast reflects more than consumer preference. In India, vehicles are not merely goods- they are long-term investments, livelihood tools, and often the …

Afghanistan’s Economic Recovery: A Cautious Pivot to China

By Junhao Yang | Spring 2026 – Volume 16 Since the Taliban takeover in 2021, Afghanistan has effectively been under sanction by the Western world, which has used them as a bargaining tool in negotiations regarding women’s rights. However, without further engagement with the global community, Afghanistan risks slipping into further instability driven by a …

The Economics of Conservatism

By Dina Farooq Kalim | Spring 2026 – Volume 16 In politics, you might hear the phrase “socially liberal but fiscally conservative,” but this is actually an oxymoron. Although many people believe that economic policy and social policy are two separate entities, the two are in fact inextricably linked. As of recently, many Gen Z’s, …