Lane Tech High School Class of 2021
Ben Crotty is a senior at Lane Tech high school and resides in the North Center neighborhood. He plans to study economics in college and is not yet sure where he wants to study but hopes to work in private equity or venture capitalism. He has written an article on the effects of Covid-19 on the restaurant industry and young workers. He advocates for inclusion of more people of color in the outdoors community as well as increased environmental protections.
Explore BEN's Articles
Shifting Business Priorities in 2020
“Before the global health crisis hit, 92 percent of company leaders surveyed by McKinsey thought that their business model would not remain viable at the rates of digitization at that time” (Mckinsey 2020). While the pandemic exacerbated these concerns, it has given us new insight into key drivers of success.
Active vs Passive Investing
People always say to invest your money, but what does that mean? When it comes to the stock market, you can make a portfolio of stocks with the hope of increasing its value. To create a balanced portfolio, there must be diversification: investment in a variety of stocks in order to get “as much exposure to the market,” reducing risk, says Cynthia Plouche, a former portfolio manager.
Become Financially Literate, Live Longer
ATTENTION: America is facing an emergency and YOU may be at risk. Most Americans are financially illiterate — both working and retired individuals are unable to “understand the topic of money.” In fact, 25% of non-retirees have no retirement savings whatsoever, making them unprepared for their financial future (Federal Reserve Bank 2018).
Can Economics Save the World?
Do you think economics can save the world? Well, the economists at the University of Chicago seem to think so. On November 19th, the Becker Friedman Institute for Economics at the University of Chicago (BFI) hosted a policy round table where they discussed the implications of economics on a variety of social issues facing the world including poverty, education in third world countries, and gender inequality.
The Future in
While FinTech began primarily as highly advanced data analysis tools for investment banking and other institutional investing, it has expanded. Now, over half (64%) of global consumers use FinTech including mobile wallets like Apple Wallet, crowdfunding sites such as GoFundMe, and online banking apps (EY).
Closing the Gender Gap in Finance
18%.That’s the percentage of finance professionals who are women. Over the past 20 years, the number of women in the industry has steadily increased; however, there is still a significant gender gap that needs to be addressed.