The Urban Draft

Liquidity is a common term in economics. It refers to the ease and speed with which an asset can be converted into cash without a significant loss in value. Assets such as stocks, bonds, and ETFs are considered liquid (with rare exceptions) because they can be bought and sold quickly at prices close to the market value. In other words, there is little difference between what a stock is bought and sold at. Assets like real estate, cars, or private busin esses are far less liq

Introduction Calculus is used throughout economics. Whether to minimize cost, maximize utility, or find consumer and producer surplus,...

Introduction & Historical Context Econometrics has its formal origin nearly a century ago, with Ragnar Frisch being credited with...

San Francisco, the city of innovation, technology, and architecture faces a severe housing crisis. It is the geography, tech industry,...

Urban Draft has just released its first interview, featuring UC Berkeley Professor Zachary Lamb. In this insightful interview, Professor Lam

Singapore is one of the most fascinating places in the world. Going from a poor British colony to becoming a top tourist destination and...

Every year, Americans waste 92 billion pounds of food worth $473 Billion, but access to food remains a challenge for many Americans. Food...

The map below shows the countries where tap water is safe to drink—with the US among the 50 countries with safe tap water (Big Think)....

Throughout history, humanity has settled in proximity to water. In fact, this trend still exists today; in the photo, The Nile River is...

When I visited India on a vacation, I noticed the apparent lack of planning and organization in the city. Ultimately, this inspired me to...