University of Wisconsin–Madison

Category: Online Journal

Municipal Incentives and School Funding: A Closer Look at a Valuable NJ Tool

Online Journal | Matthew Hummell | February 2026 There is nothing more economically gratifying for a town than its own development. When the prospect of growth comes knocking at that “welcome” sign, municipalities understandably leap at the chance. Newspapers and political networks celebrate revitalized downtowns and rising property values, but beneath the balloons floating at …

From the Pitch to the Algorithm: How Soccer Has Become a Nerd’s Game

Online Journal | Hazim Khairul (Ahmad Hazim bin Khairul) | January 2025 Introduction  “The problem in football is that there are a lot of statistics,” said Pep Guardiola, one of modern soccer’s greatest tacticians. Even Pep Guardiola, a pioneer in using data to refine tactics, is skeptical of soccer’s now overwhelming focus on numbers.  This …

Student-Athletes or Athlete-Students? The Economics of Collegiate Athletics in the NIL Era

Online Journal | Benjie Harthun | January 2025 In 2010, Reggie Bush forfeited his 2005 Heisman Trophy after an NCAA investigation found he had received impermissible benefits like rent-free housing and travel benefits while playing college football at the University of Southern California. Fast forward 14 years later, where the number one high school football …

A Heavy Price: The Economic and Social Costs of GLP-1 Weight Loss Drugs

Online Journal | Justin Plank | January 2025 Background Every year, the United States spends an estimated $173 billion treating obesity-related diseases like diabetes and heart disease, more than the annual budgets of 42 U.S. states combined. Yet, medications like Wegovy and Ozempic, which could help address these issues, remain priced at over $1,300 per …

Retrospection and Prospects of China’s International Trade

Online Journal | Ruoyu Men | January 2024 Introduction The realm of international trade has always been dynamic and evolving, but the onset of the Covid-19 pandemic has introduced unprecedented challenges and transformations, particularly for major global players like China. This article aims to delve into the intricate evolution and development of China’s international trade, …

What Exactly Affects Land Prices in Beijing

Online Journal | Yemao Jia and Ruoyu Men | January 2024 Abstract This study examines the factors influencing land transaction prices in Beijing from 2018 to the present, using data from the GIS Pro online database. Focusing on variables like Total Gross Floor Space, Floor Area Ratio, Land Area, and Distance from Tiananmen Square, we …

The Efficacy of Taxation in Mitigating Market Failure in the UK Gambling Industry

Online Journal | Xuexuan Wang | January 2024 Abstract This essay delves into the intricate tapestry of the UK gambling industry, unraveling its dimensions from the definition and addictive nature of gambling to the structural dynamics and market failures it manifests. Drawing on insights from reputable sources, this exploration scrutinizes the historical trajectory of gambling, …

Interview with Prof. Fran Flanagan

Online Journal | Genevieve Goetz | January 2024 What made you initially interested in studying economics? “Well, I was an undergraduate at Wash U in St. Louis and I started studying physics. But I quickly realized that that wasn’t really human-related enough for me. And so I wasn’t really sure what I was gonna do, …

Interview with Dr. Katy Milkman

Online Journal | Aaron Mathew | January 2024 Dr. Katy Milkman is the James G. Dinan Professor at The Wharton School of the University of Pennsylvania and the co-director of the Behavioral Change for Good Initiative alongside Dr. Angela Duckworth. Her research interests span behavioral economics, psychology, and research methodology, which she explores in her …

Carbon Emissions: A Transferable Property Right?

Online Journal | Dhruvi Singh Raghuwanshi | January 2023 Background The government provides corporate incentives to produce eco-friendly automobiles through carbon credits. In most cases, an emission permit enables its owner to emit one tonne of a pollutant including carbon dioxide (Farrington, 2022). In this article, we dive into the analysis of the carbon credit …