Articles by: Xiu Lim '25

How the Federal Reserve Failed to Protect SVB

How the Federal Reserve Failed to Protect SVB

April 17, 2023 at 6:00 am Comments are Disabled

Although the aftershocks of the recent Silicon Valley Bank (SVB) bank run have largely calmed, placing blame on this financial tragedy is difficult. For one, the bank’s officials had preemptively dedicated too many excess reserves towards long-term investment and loans. For another, Former President Donald Trump P’00 decided to loosenRead More

Tech Company Layoffs Expose a Core Issue in the Mentality of Wall Street Executives

Tech Company Layoffs Expose a Core Issue in the Mentality of Wall Street Executives

February 27, 2023 at 7:00 am Comments are Disabled

A wave of shock pulsed through Silicon Valley recently, with some of the largest companies in the world laying off 50,000 employees. The list of companies included Meta, Amazon, Apple, and Google. The process through which this was done was equally shocking. A series of viral clips popped up onRead More

Ranked Choice Voting Makes a More Democratic Process

Ranked Choice Voting Makes a More Democratic Process

January 16, 2023 at 6:00 am Comments are Disabled

Graphic by Yujin Kim ’23 In a letter dating back to October 2, 1780, John Adams wrote to the First Marshal of Massachusetts,Jonathan Jackson: “There is nothing I dread so much, as a Division of the Republic into two great Parties, each arranged under its Leader, and concerting Measures inRead More

The Flaw in Biden’s Student Loan Forgiveness Plan

The Flaw in Biden’s Student Loan Forgiveness Plan

October 17, 2022 at 6:00 am Comments are Disabled

Photo courtesy of the Wall Street Journal  On August 24, 2022, President Biden announced a student loan forgiveness plan, in which eligible Americans could have up to $20,000 in federal student loan debt forgiven. Those who have received the Pell Grant — a financial aid program issued by the federalRead More