After the COVID-19 pandemic, criticism regarding the Federal Reserve’s forecasting capabilities of economic variables has increased. From Wall Street CEOs like Jamie Dimon to think tanks like The Hoover Institution the consensus has been that the Fed’s human and institutional errors not only create inaccurate forecasts but that these forecasts lead to bad monetary policy.
Article by Noah Hendelman and Meghna Pamula In March 2021, the Covid-19 pandemic resulted in the nationwide transition from in-person school to online learning. This transition resulted in a “learning loss” as students struggled with Wi-Fi trouble, screen fatigue, social isolation, and other consequences of remote education. Coming out of the pandemic, a prevailing narrative
Picture of the University of Chicago’s Campus included because of the university’s heavy involvement in the urban redevelopment of the Hyde-Park Kenwood Historic District. Figure 1: Visualizing the impact of per capita urban renewal funding on per capita income by race (1980 – 2010) Figure 2: Visualizing the impact of per capita urban renewal funding
Article by Armine Kardashyan’26 Despite low unemployment, an increasing labor force participation rate, and robust GDP growth this year, US consumers are still pessimistic about the state of the economy. Is consumer sentiment becoming disconnected from economic fundamentals or do consumers simply weigh recent inflation more heavily than these other positive indicators? To address
After the Fed contended with October’s inflation report, economist Paul Krugman declared that the “war on inflation is over.” – while this war and subsequent victory wasn’t necessarily defined, it’d be fair to say that most Americans don’t feel like the sting of inflation has gone anywhere. And saying we won at “very little cost”
Article by Rachel Supnick ’26 Women make up the highest proportion of Congress than ever before – 29% of the House and 25% of the Senate, a considerable increase from even ten years ago when women held only 18% of Congressional seats. This milestone comes during the term of the first female Vice President,
In a Georgetown study, researchers collected the 10-year net present value (NPV) of a degree from each of 210 liberal arts colleges. While the median 10-year NPV of a liberal arts degree ($54,400) is significantly lower than that of an engineering degree ($72,200), there are many liberal arts colleges with high NPV, such as Claremont
Article by Armine Kardashyan and Weston Crewe Days before the US was expected to have its first ever default, Congressional Republicans and the White House negotiated a deal that lifted the debt ceiling and cut government spending. This was in part because the Congressional Budget Office (CBO) projections showed substantial deficits for the foreseeable future.
Article by Abizer Mamnoon and Anahitha Gopikumar Ontario Airport (ONT), located east of downtown Ontario in San Bernardino County, is the geographically closest airport to the Claremont Colleges. Used regularly by students, staff, and faculty, the community has a great interest in its success as measured by the breadth of destinations and frequency of flights.
Article by Derik Suria & Meghna Pamula Air pollution is a serious public health concern. Research shows significant disparities in exposure to air pollution and health outcomes among different communities by the level of income. Low-income communities are likely to be disproportionately affected by air pollution (Harvard study). African Americans and Latinos are more likely
