Recently the New York Financial Times published an article showing that there is a significant increase in student applications at Deutsche, UBS, Citi, and other banks. This is an interesting observation since banking has become a less appealing job to students in recent years. Big tech giants like Google and Facebook are attracting more talents
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Why the United States is far from being a meritocracy
The United States of America has always been regarded as a land of opportunity. Throughout its four-hundred-year history, it has provided refuge to those fleeing poverty and persecution. To this day, millions of people travel there every year in hopes of finding a better life. According to data by the U.S. Census Bureau, net international
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It is in human nature to feel in control of the choices we make in our own lives, such as going to the right university, marrying the ideal partner or even deciding which bike would suit us best. According to standard economic theory, consumers, given their personal preferences, try to maximize their own utility within
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World economy is getting into a Tightening Period after 7 years of recovery from 2008 Financial Crisis. Which two countries overhelmed the world economy after the money taps were left open in 2008?
Alarm bells started to pound louder when former U.S. Federal Reserve Chair Janet Yellen made this statement about real estate prices: “Commercial real estate prices are now ‘quite high relative to rents.’ Now, is that a bubble or is it too high? It’s very hard to tell. But it is a source of some concern
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