The U.S. Mint will stop producing pennies next year — and Wake Forest University Economics Professor Robert Whaples weighed in on NPR, explaining why the coin’s time has passed. Whaples notes that it costs more to make a penny than its actual value, and removing […]
In this recent feature Professor Todd Mcfall looks at the prospects of Major League Baseball expansion in North Carolina. Read
In a recent Bloomberg Opinion feature on the rise of prediction markets and Intercontinental Exchange’s $2 billion investment in Polymarket, Wake Forest economist Dr. Koleman Strumpf, a leading scholar in prediction market research, weighed in on the limits of their current scale. Strumpf noted that […]
In a new article, Professor Aeimit Lakdawala, WFU Economics Professor, dives into how subtle biases—like political leanings or institutional ties—can influence even the most expert economic forecasts.His research challenges the idea of purely objective forecasting and asks: Can we ever fully remove bias from economic […]
“Polymarket prices seem to be wrapping up the views of smart money pretty well,” Koleman Stumpf, an economics professor at Wake Forest University in North Carolina, told CoinDesk at the time, noting that Polymarket bettors appeared to have a slight edge in predicting the election outcome.
Economics Professor Robert Whaples has been featured in multiple major media outlets, including CNN and NPR, sharing his expert insights on the potential elimination of the penny. With President Trump ordering an end to the “wasteful” production of the one-cent coin, Dr. Whaples discusses the […]
Professor Erik Nesson’s new research suggests that Tobacco 21 laws may not be as effective as they seem. While self-reported smoking rates among 18 to 20-year-olds have declined, biomarkers reveal continued nicotine exposure, indicating that young adults are still accessing cigarettes and vapes.
Should the penny be retired? ECN Professor Robert Whaples explains why ditching it wouldn’t cost consumers and could even boost efficiency. Read more
Dr. Leah Lakdawala was featured on VoxDev this week. A unique Bolivian law that legalised and regulated the work of young children led to unexpected declines in child employment without improving working conditions. Full Blog