Economic reasoning explains why sports gambling reliably makes the average bettor poorer. Point-shaving scandals and information asymmetries reveal why the odds are stacked against participants.
Even free market purists don't think the invisible hand is the only one we can extend to the poorest among us.
Regular family dinners — with conversation instead of screens — continue to correlate with positive outcomes for young people.
Wage floors destroy opportunities, harming the poor most of all. Californians just got a hard lesson in basic economics.
When experts disagree on costs and benefits, markets offer a way forward. Let individuals choose.
Even controlling for children within the same families, the long-term economic impact of parental divorce remain stark.
"The company likely believes the cost is greater than the benefit. And given the recent track record of DC movies, I don’t doubt they’re right." ~ Peter Jacobsen