University of Wisconsin–Madison

Tag: Analysis-based

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, …

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 …

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: 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 …