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Posts by Vitaliy Novik, PhD

About Vitaliy Novik, PhD
Vitaliy is the founder and Principal Economist at bigeconomics.org
student graduating from college

The 170 Highest and Lowest Paying College Majors

Posted by By Vitaliy Novik, PhD
It seems that everyone has an opinion on whether a college degree is a good financial investment or not. Some associate college with massive debt and bad career prospects, while…
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studying

How to Ace College – Techniques That Boost Learning

Posted by By Vitaliy Novik, PhD
When I was in college working on my chemical engineering degree, I thought I was a pretty good student because I carried a 3.5 GPA. But looking back now, it…
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man in shadows surrounded by people

Atlas Shrugged Epic Money Speech

Posted by By Vitaliy Novik, PhD
Recently I’ve been reading Ayn Rand’s classic novel Atlas Shrugged. In it, Rand tells the story of a future American society in which free enterprise is attacked and industrialists are…
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world data visualized

Best Interactive Data Visualizations to Understand the Economy

Posted by By Vitaliy Novik, PhD
There’s nothing like a simple chart to help you quickly understand inequality, poverty, or anything else you might be interested in. That’s why I’ve assembled this list of the best…
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scientist microscope

The Easiest Science College Majors Ranked

Posted by By Vitaliy Novik, PhD
STEM, which stands for Science, Technology, Engineering, and Math, are among the toughest majors offered in universities. Which one is the easiest? How Can we Measure Difficulty? The most common…
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shortage of toilet paper

How a Labor Shortage Causes Inflation

Posted by By Vitaliy Novik, PhD
As the COVID-19 pandemic comes to an end in America, economic activity has been increasing rapidly. But with many potential workers choosing to stay out of the labor force, there…
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engineer looks at drawings

The 14 Hardest and Easiest Engineering Majors Ranked

Posted by By Vitaliy Novik, PhD
Author's Note: This article is based on a longer research paper. The paper can be accessed for details. Engineering degrees are unanimously considered to be among the toughest college majors…
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The Easiest College Majors That Pay Well

The Easiest College Majors That Pay Well

Posted by By Vitaliy Novik, PhD
For many a college student, the idea of pursuing well-paying yet rigorous STEM degrees like engineering or math is dreadful. Naturally, many ask: what are the easiest college majors that…
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How Immigrants Escape Poverty in America

How Immigrants Escape Poverty in America

Posted by By Vitaliy Novik, PhD
Having arrived in America at the age of four as the child of immigrants, I’ve been able to observe the adjustment to American life of hundreds of immigrants just like…
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The College Majors That Pay Off and Those That Don’t

The College Majors That Pay Off and Those That Don’t

Posted by By Vitaliy Novik, PhD
When thinking about whether or not to go to college, the potential for higher earnings is one of the most important factors considered. But do all college degrees pay off?…
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