The ban on sports betting does exactly what Prohibition did. It makes criminals rich.

No decision-making system is going to guarantee corporate success. The strategic decisions that corporations have to make are of mind-numbing complexity. But we know that the more power you give a single individual in the face of complexity and uncertainty, the more likely it is that bad decisions will get made.

The smartest groups, then, are made up of people with diverse perspectives who are able to stay independent of each other.

I think people don't understand compound interest because typically no one ever explains it to them and the level of financial literacy in the US is very low.

The business of America shouldn't be subsidizing business.

Of course, plenty of people don't think that guaranteeing affordable health insurance is a core responsibility of government.

In the heart of the Great Depression, millions of American workers did something they'd never done before: they joined a union. Emboldened by the passage of the Wagner Act, which made collective bargaining easier, unions organized industries across the country, remaking the economy.