https://issuu.com/columbiaeconreview/docs/cer_spring_2017 The Spring 2017 Issue has arrived! Click the link above to learn more about the bitcoin volatility, macroeconomic effects of corporate tax policies, and Federal Reserve regulations.
For centuries now, religious institutions that once held immense amounts of power have been fighting cultural, social, and political forces that have limited their influence on society. While religious establishments in Islam and Christianity have been remained intact, there is a force that they have been unable to stop: economic growth. The data above reveals that today less people are religiously affiliated than in the past. With a twenty-one percent decrease in religious affiliation compared to the “Greatest” generation, Millennials are departing from religion’s thousand-year-old hold. Moreover,while this data is specific to the United States, this trend can be seen across the economically developed world. A Pew Research survey found that about 135.2 million people in Europe do not identify with any religious or spiritual institution. This is a clear contrast to the Christian stronghold that Europe once was. The decrease in people’s association with particular
One of HBO’s most popular shows, Mike Judge’s Silicon Valley satirically pokes at California’s affluent tech-driven economy. The program’s plot revolves around the eccentric character of Richard Hendricks, a brilliant software engineer who drops out of Stanford to pursue his own startup company. Hendricks is representative of the “new” American Dream, the tale of a brilliant computer nerd who changes the world with his compilable ideas. While an emblem of modernity, there is something distinctly ancient in Hendricks’ misadventures. Judge casts him as an Odysseus-like hero, navigating the frustrating waters of Seed and Series A funding. Hendrick’s “Pied Piper” startup, with its revolutionary formula for data compression, is swatted around by godly venture capital firms and angel investors; on numerous occasions, the viewer is convinced that the startup will never see the light of day. To this end, the show exposes the tough economic reality that many entrepreneurs now face. There is
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The Columbia Economics Review invites teams of 1 - 4 undergraduates to participate in its fourth annual Competitive Climate environmental policy competition. Cash prizes of $600, $300 and $150 will be awarded to the 1st-, 2nd- and 3rd- place finishers respectively, thanks to the generous support of the Columbia Economics Department. The winning presentations will also be recognized by the The Earth Institute and will be featured in the Spring 2017 edition of the Columbia Economics Review and on the Columbia Economics Department website. Prompt On 16 October 2015, the U.S. Department of