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Creative Destruction: A Conversation with John Dalton

Associate Professor, John Dalton, did a podcast with Jonathan Fortier of The Liberty Exchange discussing the economist Joseph Schumpeter and his Big Idea of creative destruction, including entrepreneurship, innovation, the recent cases of Blockbuster/Netflix and Uber/NYC taxicabs, the Age of AI, the negative income tax, […]


Concerns over 2024 election betting

New data shows more than $100 million has been legally wagered on the Kamala Harris and Donald Trump presidential race. Koleman Strumpf, the Burchfield Presidential Chair of Political Economy at Wake Forest University, joins CBS News for an in-depth interview.


Lessons from the Rise of Netflix and the Fall of Blockbuster

Creative destruction can do a lot of good for the economy—if we let it. Dr. John Dalton and Andrew Logan (‘21) talk about the rise of Netflix and the fall of Blockbuster in an article they wrote for the Foundation for Economic Education. It discusses […]


How to Predict the Presidency

Are betting markets more accurate than polls? Economics professor Koleman Strumpf participated in a discussion on presidential election betting in this episode of Freakonomics. “For regular people, the amount of information you can get out of these markets is vast. It’s the […]


U.S. election betting: Regulated presidential markets are live

Two U.S.-regulated, dollar-denominated prediction markets began taking bets on the presidential race this week with a month to go before Election Day. “It will be hard for the two sites to catch up, but that is not entirely impossible,” economics professor Koleman Strumpf told 


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