a brief introduction to neoliberalism in the United states

"Neoliberalism is hard to define. It could refer to intensified  resource extraction, financialization, austerity, or something more ephemeral - a way of life - in which collective ideals of citizenship give way to marketized individualism and consumerism.”Greg Grandin The twentieth century was a complicated time period in the United States. It began with the second …

the principal-agent problem: what it is, why it’s important, and how it can be solved

The principal-agent problem is a common problem that arises whenever there is a contractual relationship between two parties - the principal, who in accordance with agreed upon terms, assigns a task to an agent, who then executes the task for the principal. It is expected that the agent will work on the behalf of the principal. Likewise, …