In mid-August, 32-year-old Martin Shkreli, the CEO of Turing Pharmaceuticals, bought Daraprim, a small little drug that was being sold in the market for $13.50 a dose. After the acquisition, Turing increased the price more than 5000% to $750, leading to large public backlash. It’s tempting to say “moral issues aside” and just attempt to discern the … More Econ in the News: Morality and Medicines
As Vice President of the Orchestra Committee, I helped plan “rollouts” – a time-honored Stanford tradition of waking up freshmen from their slumber and welcoming them into the group – for Thursday morning, right before the Stanford Symphony Orchestra’s first rehearsal of the year. For more information and pictures of both rollouts and the first … More Welcoming the New Members of the SSO
In a first-ever move for the franchise, Nintendo’s wildly popular Pokemon series is going mobile. The recent announcement of Pokemon GO, an augmented reality Pokemon game that turns your smartphone into a Pokemon-geolocating device has gained a lot of buzz on social media as investors and sentimental millennials alike contemplate what this game means for the … More Econ in the News: Pokemon GO and the Shift to Mobile
After spending most of the summer as an intern in Hollywood, the time has come to transition from the long drive and 9-to-5 to biking, PSets, old friends and new. The new school year heralds new experiences; for me, this has begun with moving into Lantana, an upperclass dorm with a Creative Catalyst theme in partnership … More Starting Sophomore Year
In continuation with the college theme this week, I’m going to examine the rapidly falling admission rates to what people consider some of the best colleges in the world, especially in the United States. “Top tier” colleges, such as Stanford, the Ivy League, MIT, the University of Chicago, and other schools, have famously renown academic departments – and … More Econ in the News: Plummeting Admission Rates at Top Tier Colleges
Whenever people find out that I go to Stanford, their response tends to follow a similar format: Awe/Congratulations: “Wow! Good for you!” Flattery: “You must be very smart to have been accepted to Stanford.” Anecdote: “I remember when my son/daughter/friend/friend’s son or daughter applied to Stanford/‘Top Tier’ College. They had all A’s, a really good … More Uniqueness in a Pool of Sameness
A few weeks ago, at the halfway point in my internship at Technicolor, I reflected on 5 points I had learned in the first five weeks. Now, my internship has come to a close. I learned a lot about the entertainment industry and about business management in these past few months, and for that I am … More My Final Thoughts on Technicolor
Although there are more than 4,000 colleges in the United States alone, a select few have been able to build immense brand-name recognition, whether that be for athletics (University of Alabama), academics (MIT), or both combined (Stanford). These trademarks, worth billions of dollars, have led to confrontations between enterprising vendors selling college-inspired items and colleges who wish … More Econ in the News: The Power of a College Trademark
For students across the United States, the end of August signals the inception of the next school year. For retailers, that means one final rush for back-to-school supplies. The National Retail Foundation estimates that families with school-age children will spend an average of $630 this year on school-related supplies. This includes clothing (92.7%) , shoes … More Econ in the News: Back-to-School Spending
I’ve recently been devoting some time in my internship reaching out to companies involved in the VR and AR ecosystems, especially in the California area. As a result, I thought that I’d briefly discuss the pros, cons, and differences of Virtual and Augmented Reality. Virtual Reality is designed to be fully immersive; 360 degree vision and audio in a … More Virtual and Augmented Reality
Andrew Jabara 