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Macroscope - The Bigger Picture

Providing a lens for the educated reader through contemporary economic analysis mixed in with theoretical commentaries.

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Consumers' Thinking Is Quite Sophisticated!

At least about inflation.

What's to Blame for the Banking Crisis?

Rate hikes may have distorted balance sheets, but why were banks so poorly hedged?

2023 Economic Outlook: A Grim Reality Check

Much of supply side inflation is indeed back-ended, but as stated before, demand driven inflation has remained consistent throughout this cycle, and will not fall absent further tightening.

The Requisite Federal Reserve Response

The Federal Reserve has made its fair share of mistakes. Here's how it can begin to make amends.

A Review of the FDA's Ban on Menthol: Two Sides

Two students write their respective analyses of whether the FDA's ban on menthol will serve in the public's best interest or not.

Inflation: Monetary or Fiscal Phenomenon?

It's not both.

The Fed's Slippery Slope of Purchasing Corporate Bonds

Should the Federal Reserve be subsidizing the investments of America's most wealthy conglomerates? The implications of such policy, both economic and ethical, will be broken down.

Can a limited welfare state enhance freedom in the short term?

Unfortunately, a free market is not something that appears overnight, so what do we say to those who do not have equal opportunities as things stand?

The Trump/Biden War on Agriculture

The unscrutinized, unintended consequences of tariffs.

A Bleak Forecast of The U.S. Economy | Part Two

A primer on how we got to the point we're at now, and an outlook on what's to come.