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Glenn Hubbard Econ 490 fall 2017

I am a student in Professor Arvan's Econ 490 class, writing under an alias to protect my privacy, using the name of a famous economist as part of the alias.

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August 31, 2017

Here we go. This is a test post for "Glenn Hubbard Econ 490 fall 2017."

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Discussion on Managing Income Risk and Impacts of Past Choices and Decisions

October 20, 2017

The topic of managing income risk, from the perspective of a college student, is interesting because students come from a variety of financial backgrounds and face potentially very different situations when it comes to their financial futures. Some students come to college fully funded by their parents, while other incur a tremendous amount of debt via student loans. Others, and I believe this is where the majority of students fall, are somewhere in between. I think it is important to consider which category (or in between categories) a student falls because it may have affected their choices and management of future uncertainty while in college. Students who have loan debt may have been trying to work as much as possible during school to start saving or even start paying off their student loans, while others may or may not have had a similar decision making process. Without getting too personal, I am one of the people who falls somewhere in the middle of the categories I previously ...

The Michael Scott Paper Company: A Perspective on Group Dynamics and Conflict

November 09, 2017

My favorite TV show of all-time is Greg Daniels' "The Office," (the U.S. version, as opposed to the less successful U.K. version). While the series is a "mockumentary" and is intended to humor its audience, there are numerous relevant examples of group conflict in the workplace present. The episode that I will focus on is called "Michael Scott Paper Company" and is the 23rd episode of the 5th season of the show, in case you would like to view it. I will provide a brief synopsis of the series up to the point in the timeline that this specific episode takes place. Michael Scott (portrayed by Steve Carell) is the regional manager of the Scranton (Pennsylvania) branch of the Dunder Mifflin Paper Company, a small regional paper distributor. Michael is deluded, narcissistic, and inappropriate and much of the humor of the series stems from his failed attempts to successfully manage his employees. Michael's antics as a boss create uncomfortable situation...

Life is a Highway: Opportunism on the Interstates

September 21, 2017

5 o'clock. Interstate-294 west of Chicago near O'Hare International Airport. A car swerves violently into the right hand exit lane, causing the next car to slam on the brakes and peel into the shoulder. Car horns blare, certain fingers are raised violently, and the flow of traffic behind the swerving car comes to a screeching halt. Scenes like this are a daily occurrence on the interstates around Chicago and other major cities around the country. This is synonymous with rush hour traffic. When I was younger, I was always baffled by what caused the huge traffic backups, especially those during the peak hours of commute. I knew that accidents and construction projects were common culprits, but traffic still always confused me. "If people just pay attention and drive the speed limit, traffic should never be a problem," I naively thought to myself. Then came the summer of 2017 and my mind was opened to a whole new understanding of traffic. As a part of my internship o...