The Good and Bad of Buy Now, Pay Later

Buy Now, Pay Later (BNPL) programs are nothing new, but the resurgence of installment-based programs in the early 2020s has generated interest not seen since the Great Depression. With retailers and third-party vendors alike getting into the BNPL business, it’s worth thinking through the ways these programs can benefit consumers, as well as the risks … More The Good and Bad of Buy Now, Pay Later

Econ in the News: Stimulus Checks (and Debit Cards)

In early 2020, the CARES Act was passed in response to severe negative macroeconomic effects stemming from the COVID-19 pandemic affecting the United States. One of the biggest media talking points centered around the passage of a $1,200 stimulus payment, designed to be distributed over the coming months and help increase consumption. These stimulus payments … More Econ in the News: Stimulus Checks (and Debit Cards)

Programmers are the Blue-Collar Workers of the 21st century

Premium wages. Company picnics and events. Subsidized housing. And brand recognition at some of the hottest companies to work for. I’m not describing tech companies. I’m talking about blue-collar jobs in the 20th century. The rise and fall of early private welfare capitalism in the United States, plus a little economic history, shows key parallels … More Programmers are the Blue-Collar Workers of the 21st century

Econ in the News: NCAA and Athlete Pay

The NCAA recently opened the door to allowing college athletes to be compensated for the use of their likeness, names, and images. In a statement, the board of governors for the NCAA has officially begun the process, although the exact details remain uncertain. I won’t dive too much into arguments for or against compensating student-athletes … More Econ in the News: NCAA and Athlete Pay