University of Wisconsin–Madison

EQ Vol.12: Background and Analysis of the Chinese Real Estate Crisis

Contributing Writer: Novak He | May, 2022 In fall 2021, the world’s most indebted company——Chinese real estate company Evergrande missed its debt repayment deadline. This incident worsened the debt crisis of this debt giant, who had already accumulated a total liability of over $300 billion US dollars. The Evergrande debt crisis caused a stir in …

EQ Vol.12: The Distributional Effects of QE: Free Silver or a Cross of Gold?

Contributing Writer: Zachary Heintz | May, 2022 In 1896, William Jennings Bryan, a former Nebraska congressman, gave a speech at the Democratic National Convention that would win him the Democratic presidential nominations in both 1896 and 1900. His historic “Cross of Gold” speech made monetary policy the front and center issue of left-leaning populists who …

EQ Vol.12: Quantifying the Irrationality of the Middle Ground: Public Health’s Modern Battlefield

Why the integration of behavioral economic analysis in epidemiology is crucial to improving vaccine acceptance among the hesitant. Contributing Writer: Rohan Snah | May, 2022 “The purely economic man is indeed close to being a social moron. Economic theory has been much preoccupied with this rational fool.”  -Richard H. Thaler This rational fool, says one …

EQ Vol.12: Economic Misunderstanding Through Human Unconscious Bias

Contributing Writer: Max Levy | May, 2022 Recently, I read Factfulness by Hans Rosling, which tells of human progress and examines the overdramatic and misinformed worldview that most people embrace. Dr. Rosling, a Swedish physician, statistician, and professor of Health Care at the Karolinska Institute of Medicine brilliantly refutes common misconceptions of our basic worldview, …

EQ Vol.12: Changing the Student Debt Crisis: America’s Plans

Contributing Writer: Emily Wang | May, 2022 In early October 2021, President Joe Biden proposed changes to the former Public Service Loan Forgiveness (PSLF), Total and Permanent Disability (TPD), and Borrower Defense programs, making it easier to satisfy certain loan requirements. The proposed changes will expand who is eligible for loan forgiveness, while also adjusting …

Three Women Speak to their Experience in the Field of Economics 

Maia Scott | May, 2022 Gwen Eudey, Gwyn Pauley, and Corina Mommearts are all economists at the University of Wisconsin-Madison, and all of them are women.  I spoke to each of them briefly to grasp an idea about how identifying as a woman has influenced their experience in a male-dominated field.  Through a short set …

The Impact of COVID-19 on Developing Nations

Dhruvi Singh Raghuwanshi | May 2022 COVID-19 has had a differentiated impact across nations. On a deeper analysis, it is evident that one of the biggest victims of the financial impact of the pandemic were developing nations, primarily those that were already in the process of recovering from various financial losses. Emerging Market and Developing …

COVID-19’s Impact on Small Businesses

Riley Maszk | December 2021 Never before have we seen such a dynamic shift in normalcy until the global pandemic of the COVID-19 virus. With the hardships in losing our loved ones, facing disconnect with political disagreement, and using action as a means of representing frustration, our economy and its businesses were at risk for …

EQ Vol.11: INTERVIEW with Professor David Johnson

Contributing Writer: Tye Rubin | May, 2021 David Johnson is a professor of economics and a senior lecturer at UW-Madison and has built a reputable career in environmental economics and teaching. Professor Johnson has worked extensively with the Conservation Strategy Fund, which is an organization dedicated to using economics to create long-term conservation solutions by …

Geographic Variation in Treatment and Cost in Healthcare

Kelly Zhang | April 2021 It would seem ideal for all the world to have a single price for all people when they have health issues. However, that may never happen because there are many causes that can affect the final price on every single patient’s healthcare bill. Each doctor has their own way of …