Sports betting has become an epidemic, especially among young men. The Guardian recently aggregated some alarming statistics about its prevalence. The story notes: Somewhere between 60 and 80 percent of…
Category:
Economy
-
-
In 1988, when Robert Lawson was a first-year economics graduate student at Florida State University, he was surprised one day to look up and see Dr. James D. Gwartney standing…
-
The new year brought new developments in the world of financial services: specifically, the role of artificial intelligence (AI). In January, JPMorgan Chase announced it would replace its proxy advisory…
-
The nomination of Kevin Warsh to replace Jerome Powell as Federal Reserve Chair has many people wondering: What makes a good Fed chair? The answer, it turns out, depends on…
-
Social Security is drifting toward a cliff, and Congress keeps pretending the shortfall will fix itself. It won’t. Absent reform, benefits will be cut across the board by roughly 23…
-
For most of us, especially those of us who think about it a lot, the Roman Empire conjures up famous names of such men as Caesar, Augustus, Nero, Marcus Aurelius,…
-
A year or so ago, I met my friend’s mother for the first time at a wedding. She told me that she was Mississippi born and raised, but that after…
-
One of the most robust findings in economics is that, with few exceptions, people respond to incentives, rather than intentions or moral principles. Individuals operate under constraints of time, information,…
-
Substantive change has occurred in the subjects examined in my second book, Gold and Liberty (AIER, 1995), since it was published three decades ago. That change has been mostly negative,…
-
The US Census Bureau just released state population data for mid-year 2025, along with updates for all previous years back to the 2020 Census. The Census estimates population growth with…