Economics

Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.

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Analyzing House Bill 368: A Critical Look at Renewable Portfolio Standards

/ Economics, Politics / 3 minutes of reading

House Bill 368, introduced on Feb. 20, aims to enhance Renewable Portfolio Standards, setting forth ambitious clean energy targets for Alaska. The bill requires 35% clean energy by 2036 and a further increase to 51% by 2051. While the goals are commendable, a deeper examination reveals significant considerations that demand attention. The Cost Factor and […]

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The Battle of the Supermarkets: FTC vs. Albertsons-Kroger Merger

/ Economics / 3 minutes of reading

In a clash that could reshape the grocery landscape, the Federal Trade Commission (FTC) has taken legal action against the proposed merger of retail giants Albertsons and Kroger. This move marks a significant development in the retail sector, sparking debates on market competition, consumer prices, and the balance of power within the industry. What’s at

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UPS Layoffs: A Consequence of Labor Demands and Technological Advancements

/ Economics, Politics / 3 minutes of reading

The recent announcement by UPS management regarding the layoff of 12,000 employees has raised eyebrows and sparked discussions about the future of the company. This move comes shortly after the ratification of a five-year contract that raised wages for UPS Teamsters, resulting in higher labor costs for the company. While it is understandable that the

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Alaska Airlines Faces Lawsuit Over Alleged Religious Discrimination

/ Economics, Culture / 4 minutes of reading

In a case that highlights the ongoing clash between corporate advocacy and religious freedom, two flight attendants are seeking summary judgment in their favor after being fired by Alaska Airlines for questioning the company’s support of the controversial Equality Act. The lawsuit, filed in May 2022, accuses the airline of creating a hostile work environment

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Alaska’s Economic Outlook: A Call for Policy Reform

/ Economics, Politics / 4 minutes of reading

In the 2023 update of its Rich States, Poor States index, the American Legislative Exchange Council (ALEC) has ranked Alaska 23rd nationwide in terms of its economic outlook. While this might not seem like a cause for concern, it serves as a reminder that the state needs to implement policies that will help Alaskans thrive

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