Vilfredo Pareto Econ 490 Fall 2017

Recently, whenever I start to think of the nearing future, post-college, I get very anxious and quickly try to focus on other things. There is a lot of uncertainty that comes with graduating college and entering the “real world” that I would rather disregard than contemplate. However, it is inevitable, so my parents and I have done a number of things throughout the years to manage some of this uncertainty. They have saved money in order to support me through my education and I have tried to chose viable paths to invest in. I have never had a clear picture of what I wanted my life as an adult to look like. When I was a child, my dream jobs included everything from astronaut to interior designer. This uncertainty continued throughout high school and college, never fully knowing what I wanted to pursue. Luckily my parents have helped in managing my indecisiveness and have tried to steer me towards more risk averse options.  The first big decision I had to make that would truly affec...

When considering a way in which students could use a created currency, or Illinibucks, to secure a certain space or item that is in high demand, I wonder why this does not exist already. With the way things work now, students are kind of helpless when faced with situations like registration or long lines in the dining hall. Illinibucks could give students more control when it comes to their needs or preferences within the university. Depending on how the university decided to allocate the Illinibucks, a reasonable student could plan accordingly to meet their specific needs during their time at the university. Of course not all students act reasonably, so they could end up losing as a result of Illinibucks. Also, I would think that allocating on a semester basis would be most practical as apposed to yearly or just once, at least for students. They could then plan for a nearer, more foreseeable future, and transfer or exchange students would not be at an advantage as they would be i...