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Make economics ethical

By the end of winter quarter, I will have completed the economics core. Completing this six-course sequence has taught me a great deal about concepts such as optimization, efficiency and cost analysis. What I have not been taught, however, is how to analyze the moral questions that economics raises. To what extent is inequality acceptable in an economy? Is it necessary to interfere in an economy to aid individuals who are deprived of sufficient resources? To fill this vital gap in economic student’s education, the economics department should not only design ethics electives but also make an ethics of economics course mandatory for all undergraduate economics majors.

Stanford investing billions offshore through Central America and Caribbean groups, tax returns show

Stanford has nearly 10 billion dollars invested in Central America and the Caribbean, analysis of the University’s tax returns shows. Held offshore in places like Bermuda and the Cayman Islands, much of this money is not subject to taxes, including the 1.4 percent tax on University endowment earnings implemented under the new Republican tax plan.

What’s a real adult, really?

In the United States, the legal definition of an “adult” is eighteen. At eighteen, we can vote for the president, go to prison, serve in the military, sign our own waiver forms, buy our own lottery tickets… basically do everything besides drink or rent a car (which you can’t do at most companies until you…