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Boosters Beware: Stadiums Aren’t Magic One other day, one other push to present many tens of millions to multimillionaires. The Jacksonville Jaguars are pushing arduous for town to renovate their stadium. Not distant, St. Petersburg, Florida is shoveling cash on the Tampa…
Ought to We Cap Credit score Card Curiosity Charges at 15%? Bernie Sanders and Alexandra Ocasio-Cortez have proposed capping bank card rates of interest at 15%. It sounds interesting and benevolent, after all: wouldn’t folks be higher off if the…
Pricey College students: Right here Are Ten Methods to Get Your Monetary Home in Order Just lately, a scholar requested me for some recommendations on what to say about private finance to her sorority. Right here’s a slightly-edited model of…
On Ayn Rand’s Birthday, Let’s Not Neglect that Concepts Have Penalties Tomorrow is Ayn Rand’s birthday. Lots of people learn and change into taken with Rand as youngsters. In polls, her books Atlas Shrugged and The Fountainhead are routinely close to the highest of…
How Do Bankers Create Worth? Bankers are financial vampires who take, take, take, and provides nothing in return. Or not less than that’s the impression you would possibly get from a whole lot of widespread discussions. On nearer examination, nonetheless,…
Cash Is a Humane Expertise Lately, I defined how bankers create worth by lowering transaction prices. On this article, I’d wish to discover how cash itself reduces transaction prices. I received’t get into the legislation and economics of cash or the historical…
Coverage Failure Throughout the Nice Melancholy Generations of scholars discovered that the Nice Melancholy was a conspicuous failure of free-market capitalism that solely ended with the New Deal. As a substitute, the New Deal and different insurance policies enacted to battle the…
Three Ideas for Financial Establishments: Assessment of Cash and the Rule of Regulation This won’t shock you: a e-book on financial coverage written by three George Mason College-trained economists explores the institutional particulars of the financial structure, concludes that they…
Reduce the Pink Tape to Get Extra Reasonably priced Housing Id like to stay in San Francisco, however I dont wish to pay $750,000 to stay in a closet. Thats what I inform my introductory economics college students once I…
Will a New Stadium Make Your Metropolis Richer? If you happen to take heed to your metropoliss boosters and officers, it looks like theres nothing stadiums cant do. They entice out-of-town company who come to the town and pay huge…
