Reason cites Senior Fellow Michelle Minton on sports betting:
“There is nothing criminals like more than a large, unregulated betting market where they can prey on vulnerable people who have no other options,” says Michelle Minton, a senior fellow at the Competitive Enterprise Institute who studies vice issues. “It really isn’t surprising that bringing sports betting out from under the rug hasn’t led to increased problem gambling, corruption, or crime.”
Fred Smith is the animating spirit at the Competitive Enterprise Institute. Fred conceived of the idea for an organization that would, in his words, “find a more positive answer to the challenge Joseph Schumpeter laid down in his essay, “Can Capitalism Survive?” He founded the organization and served as president for nearly three decades.
He died at the age of 83 at home in Maryland where he is survived by his beloved wife Fran. Fred was a friend and mentor, an advocate and ally, and an inspiration. His bright light lives on in our work.
Fred Lee Smith
December 26, 1940 – November 23, 2024