Category: Uncategorized

Federal Reserve Economic Forecasts Better Than What People Think

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.

Covid-Induced Learning Losses in the Inland Empire

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

Persistent pessimism despite resilient economy

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

The War on Inflation & its Costs

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”

Would a liberal arts degree benefit you?

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

Deficit Picture Likely Worse Than It Seems

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.

California Forests Are Disappearing–And So Are Air Pollution Disparities

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