In the early 20th century, for brief periods, the most frenetic American trading pits were not the raucous markets in which stocks were traded, nor the venues where bonds were exchanged. The real action was in the market for betting on the next president. “Crowds formed […]
The amount of time people spend “at work” has changed significantly over the last few centuries. Economics professor Robert Whaples has mapped out the history of hours of work in the U.S., which reveals a gradual decline from working “first light to dark” (70+ hours […]
Political betting markets have a long history in U.S. politics, according to economics professor Koleman Strumpf who has studied them for decades. With the adoption of the internet, betting platforms have become more popular and are something that should be paid attention to because, unlike […]
Economics professor Robert Whaples explains why coins are discarded nowadays. “If you lost a $100 bill you’d look for it. If you lost a $20 bill you’d look for it. If you lost a book, you’d look for it,” he added, “But a penny, you’re […]
Infrastructure Incoming WFU Economics Assistant Professor, Fabiola Alba Vivar’s, publication on infrastructure in Peru and corresponding decisions for students.
Sports economics Todd McFall said prop betting, especially on college games, does “two worrisome things when it comes to maintaining an environment in which gambling on games is more entertainment than a means for profit. First, it allows for those gambling on games to target […]
Tarak Duggal, a senior Economics Major at Wake Forest University quoted by CBS News about the upcoming election.
Professor Robert Whaples is quoted in the Winston Salem Journal.
“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 […]