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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,…
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.