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Forecasts, not puppet strings: The myth that prediction markets rig reality (Part I)
Prediction markets have become an increasingly prominent tool for forecasting elections, economic indicators, geopolitical events, and other uncertain outcomes. As their popularity has grown,…
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Three consequences of Illinois’ interchange fee law
In my new CEI paper, I examine the Illinois Interchange Fee Prohibition Act and what policymakers can learn from previous efforts to restrict…
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How the Bank Holding Company Act helped shape modern banking consolidation
Back in the 1950s, Congress feared a future in which a small number of powerful banking organizations would dominate the financial sector.
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Blog
Forecasts, not puppet strings: The myth that prediction markets rig reality (Part I)
Prediction markets have become an increasingly prominent tool for forecasting elections, economic indicators, geopolitical events, and other uncertain outcomes. As their popularity has grown,…
Blog
Three consequences of Illinois’ interchange fee law
In my new CEI paper, I examine the Illinois Interchange Fee Prohibition Act and what policymakers can learn from previous efforts to restrict…
Blog
How the Bank Holding Company Act helped shape modern banking consolidation
Back in the 1950s, Congress feared a future in which a small number of powerful banking organizations would dominate the financial sector.
Blog
Possible Fed pick Warsh has government-backed crypto problem
Kevin Warsh, financial executive and former Federal Reserve governor, is now reportedly among the top contenders being considered to replace Jerome Powell as Fed…
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Trump SEC makes tremendous progress against crypto-stifling regulation
Gary Gensler’s SEC worked at a frenetic pace to shut down innovation in the crypto sector. Without rhyme or reason, the Biden-Gensler SEC moved…
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Gov. Youngkin should veto restrictive credit bill
While many watchful eyes focus on the economic impacts of actions of federal lawmakers inside the Beltway, pending legislation in a statehouse 100 miles…