Video

CNN: “How coronavirus is affecting Brexit”

Veronica Horton
30 June 2020

Run Time: 2:21 Abstract: Negotiating the terms of the new arrangement between the United Kingdom and the European Union following the 2016 UK vote to leave the bloc was a complex situation from the start. Now though, thanks to the…

Vox: “Why American Farmers Are Throwing Out Tons of Milk”

NickelsMcHughMcHugh
25 June 2020

Back in April, we looked at how American dairy farmers were dumping thousands of gallons of milk due to drastic drops in demand from businesses and schools. This video illustrates how this problem has grown in the months since and…

WSJ: “How Airbnb Fell From Successful Startup to Crisis Mode”

NickelsMcHughMcHugh
1 June 2020

A couple of weeks ago, we looked at how Airbnb hosts are struggling after the travel industry came to a standstill due to widespread stay-at-home orders. This video explains in greater detail why the once successful startup was so vulnerable to an…

Vox: “Why we’re seeing mass layoffs in the US but not the UK”

NickelsMcHughMcHugh
29 May 2020

With tens of millions of Americans currently out of work, the U.S. is experiencing an unemployment crisis on a scale not seen since the height of the Great Depression. This video looks at the devastating effects of rising joblessness while…

BBC: “Coronavirus: The Ski Resort Saving Snow for Next Season”

Veronica Horton
21 May 2020

In Finland, the heat is on to save the 2019/2020 ski season. Following the closure of the ski resort in Levi as part of the shutdown ordered by the Finnish government in response to the COVID-19 pandemic, the resort decided to take action. Rather than allowing its most precious resource to melt, it decided to save the snow. With the goal of extending what had been an exceptional season because of significant snowfall, workers at Levi literally piled up the snow and covered it with specially designed blankets to insulate it. The plan is that instead of waiting for mother nature to dictate the start date of the 2020/2021 season, Levi will reopen its resort in October using its saved snow. While it is possible that the area will have received some snow by that time, it is typically early autumn. Workers are optimistic that by saving their most important resource, they will be able to recoup some of the losses incurred when the current season abruptly ended in March.

COVID-19 and the State of the Housing Market

Audrieanna Burgin
11 May 2020

As the COVID-19 pandemic continues to impact our economy, economists, researchers, and legislators are paying very close attention to the housing market. As unemployment rises and the stock market continues to be volatile, there is fear that COVID-19 “will spur a full-blown recession that takes the country months, or even years, to recover from,” according to Maurie Backman, USA Today. The housing market is currently seeing positive and negative changes in response to the COVID-19 pandemic.

NYT: “How One Business Pivoted to Fighting Coronavirus”

NickelsMcHughMcHugh
30 April 2020

Although many companies remain closed during the ongoing pandemic, some businesses have been able to alter their operations to produce increasingly vital supplies. This video looks at how Dogfish Head Brewery managed to keep its employees on the payroll while also supplying local hospitals with hand sanitizer.

PBS News Hour: “The Cascading Economic Effects of Plummeting Oil Prices”

Veronica Horton
28 April 2020

The fallout from the global COVID-19 pandemic continued this week as oil prices plunged below zero. In a highly unusual situation, producers were quite literally paying buyers to take excess supplies. The crisis came as global demand for oil continued to be at record lows as government mandated shutdowns kept businesses closed and consumers at home in nearly every country in the world. Despite a recent agreement among OPEC + producers to reduce production by 10 percent, the glut of oil on the market was significant. With storage options all but exhausted and no easy way to simply stop production, it is unclear just what will happen next. Prices will almost certainly stay low though, even as the global economy begins to reopen, at least until existing excess supplies work their way through the system. Just how long it will take for demand to return to pre-COVID-19 levels is uncertain as signs that the world may be in for a prolonged recessionary period continue to grow.

GMA: “Yale student leads 2,700 volunteers in helping New Yorkers”

Audrieanna Burgin
24 April 2020

Liam Elkind is the founder of Invisible Hands, a group of thousands of volunteers that are bringing groceries to people at high risk of contracting coronavirus. This organization is connecting “young, able-body people with those most in need during this time of crisis.” People who are 65 and older or have pre-existing conditions have a higher risk for contracting coronavirus. The founders stated that they felt inspired by our healthcare professionals who are on the front lines fighting COVID-19. Through the Invisible Hand initiative, those at a higher risk can request a delivery of groceries, medicine, and/or supplies online. The Invisible Hand volunteer will then pick up the items and deliver them for free.

Chicken Little is an Increasingly Rare Bird

EVs: Driving Change at Convenience Stores

Who’s In The Driver’s Seat: The Changing Dynamics of Auto Production

China’s Population is Declining – Too hot, too cold, or just nice for its Economic Development?

The Externalities Effect of Child Firearm Fatalities in the States

Why is Everything Getting So Expensive?

Understanding the U.S. Labor Market – A January 2023 Snapshot

The New Economics of Car Production

Looming Water Crisis – What can YOU do to Conserve Water?

U.K. Economy Three Years after Brexit