“People who have gambling problems typically chase their losses,” said Koleman Strumpf, a Wake Forest University economist who has studied illicit bookmaking. “If you’re a problem bettor, the hole you can dig with a bookie is much bigger.” Full Article
“In places like Texas or in the middle of the country where there’s a lot of solar and wind, fossil fuel communities are relatively well positioned to take advantage of renewables,” Economics professor Mark Curtis who is studying the clean energy transition as it relates […]
Economics professor Mark Curtis noted the varying demands for public electric vehicle chargers across different regions. “In a place like Winston-Salem, where the majority of [electric] car owners are going to be homeowners as well, they can very easily charge within their house when they […]
Professor Mark Curtis’s work was cited in the 2024 Economic Report of the President in chapter 6 “Accelerating the Clean Energy Transition”
Legalized sports betting brings fresh tax revenue—and reports of gambling addiction. Experts say N.C. colleges aren’t ready. Dr. Todd McFall was quoted in this article.
Mobile sports wagering is expected to siphon some revenue from lottery tickets, said sports economist Todd McFall. “The government will meet its sports gambling projections, but there’s going to be some negative impacts on lottery ticket revenues,” McFall said. “There’s too much evidence from other […]
People used to work around 70 hours per week in the 1800s. With 6 days a week that amounts to almost 12 hours per day. But as things improved the work hours began to decrease. Economics professor Robert Whaples, has prepared a detailed timeline of […]
Senior Fellow Robert Whaples, editor of Pope Francis and the Caring Society and Is Social Justice Just? interviewed on Kresta in the Afternoon on the EWTN network. Robert Whaples discusses the federal government’s budget and its deficit. The national debt is $34 trillion which is larger than […]
A new report breaks down the impact of North Carolina’s rail system on the state’s economy. The North Carolina Department of Transportation study, produced in partnership with the Institute for Transportation Research and Education, looks at annual contributions from rail […]
“While there is uncertainty about how effective interest rates are, there is consensus among economists that raising interest rates does lower inflation somewhat. However, interest rates are a blunt tool and rising interest rates can have widely varying impacts on households and businesses depending on […]
