Consumers Will Win Streaming Wars

Much of the focus of the imminent streaming war has been on consumers. Many believe consumers will be caught in the crossfire citing that the emergence of additional firms in the industry will minimize the amount of content a consumer can watch with one service, forcing the consumer to pay for multiple services rather than one or stick with a service that will have less content to offer than what the likes of Netflix, Hulu, and Amazon had just a few years ago. Consumers, they argue, will also see prices of individual subscriptions increase to pay for the production of more original content, pointing to Netflix’s recent price increase as evidence for this speculation. This school of thought has become highly popularized in the media with many uneasy about the future costs of streaming and speculating that in the future, consumers will have to pay more for less content as the upcoming streaming war progresses. However, despite the popularization of this argument, the notion that prices will increase as a direct result of the streaming wars is ill-founded. Not only will companies be forced to lower prices to compete in this crowded marketplace, but they will also be forced to produce original content without raising prices on consumers, contrary to popular thought. Continue reading Consumers Will Win Streaming Wars

Addressing the US College Admissions Scandal

The controversy surrounding the recent US college admissions scandal has failed to hold the larger problem accountable. Yes, Lori Loughlin, Felicity Huffman, and the countless others involved should be prosecuted for their crimes. But their crimes misrepresent the larger problem. The problem isn’t the rich cheating their way into elite colleges with their deep pockets; the details of the scandal are extreme at best. The problem, instead, lies within the college admissions process itself and the undeniable connection between this process and economic privilege. Across the board, whether it’s academics, extracurriculars, or standardized testing, the rich continue to have an edge from the beginning of the college admissions process that only seems to be growing. Continue reading Addressing the US College Admissions Scandal

The Green New Deal’s Real Problem

Most concede that a Green New Deal would be an economic disaster. Achieving 100% renewable energies alone would cost an estimated $2.9 trillion, nearly a full year’s tax revenue. Despite these economic shortcomings, though, public support only continues to grow, with supporters citing its ability to mitigate climate change as more than enough justification for backing the deal. Realistically, the deal fails at addressing its intended goal of fighting climate change and overall, represents a misguided way to tackle climate change. Continue reading The Green New Deal’s Real Problem

Reassessing a Bleak Situation in North Korea

Last year, I wrote an article praising President Trump for his work with North Korea, arguing the President should win the Nobel Prize for his work in the Korean Peninsula. Today, I would like to reassess my position on US foreign policy in North Korea. Recent reports that North Korea is rebuilding its Sohae launch site and the recent failed summit between the United States and North Korea have exposed the economic and strategic reality of North Korea. Current US foreign policy of heavy economic sanctions and demands for full denuclearization of the Korean peninsula will not be sufficient to denuclearize the totalitarian regime and bringing about peace in the Korean peninsula. Continue reading Reassessing a Bleak Situation in North Korea