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Education and Economic Development in Nepal: A Comprehensive Analysis and Case Study of Religion-Backed Schooling

Runyu Zhao St.Mark’s School, Massachusetts, USA runyuzhao@stmarksschool.org Abstract: Nepal, a landlocked South Asian nation characterized by significant social and geographic inequalities, continues to face deep-rooted challenges in its education sector. Despite notable improvements in literacy and primary school enrollment, systemic barriers hinder equitable access to quality education, especially at higher levels. This study aims to […]

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EconXpert #4: When Economics Meets AI: What Theory Explains, and What Slips Through the Cracks

Some people have called artificial intelligence (AI) the next electricity, while others have called it the next end of the world. Certainly, economists want to put everything in appealing graphs and models. Sometimes the models function effectively, such as when they show supply and demand, creative destruction, or inequality. But AI often breaks free from

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EconXpert #3: How Inequality Plays Out in the US and China

When people talk about America and China, the discussion tends to revolve around topics such as GDP growth, military strength, or who’s winning the race for AI competition. However, if looking deeply, there is something else shaping daily life in both countries: inequality. Though the ways they experience it are very different, the contrasts and

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Vision Exchang Hub #1: Selection Bias and the Influence of Education Resources on Class Stratification

1. Selection Bias and Definition Imagine yourself bursting into the lecture hall in the economics department of UChicago, arms flailing and feet stomping, eyes wide with joy. “Economists, students—hear me!” You shout, practically vibrating with excitement. “Today, I received my first research fund! My very first!” After a dramatic pause with a deep breath, you

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