PredictIt Helps Forecast Election Results. Bureaucrats Are Trying To Kill It.
Election betting markets are often more reliable than pundits. Did the site steal user funds? No. Did they lie to people? No. Harm anyone? No.
Election betting markets are often more reliable than pundits. Did the site steal user funds? No. Did they lie to people? No. Harm anyone? No.
If you look closely, you'll find a lot of contradictions.
In 1950, there were more than 16 workers for every beneficiary. In 2035, that ratio will be only 2.3 workers per retiree.
Despite an apocalyptic media narrative, the modern era has brought much longer lives and the greatest decline in poverty ever.
While some Republicans may have had misguided motivations, a few disrupted McCarthy's campaign in order to enact fiscal restraint. Their colleagues were fine with business as usual.
Despite $80 billion in new funding, the agency is living up to its reputation of hassling low-income taxpayers over rich people.
If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.
The policy has some bipartisan support, despite the fact that it has mostly been a failure since its inception.
Private property was the solution to their failed experiment. But people keep repeating the Pilgrims' mistakes.
The free market allows people to cooperate, fix errors, and adapt to changing circumstances.
Democrats pander to immigrants but do little to liberalize the system. Meanwhile, Republicans' hostility to immigrants has increased.
And it also won't help us recover from the recession we're definitely not in.
Wealth isn't held the way many believe it is.
Wealth tax proponents claim only super rich people would be affected. But to raise the revenue Warren, Sanders, and Biden want, they'd have to tax the "working rich"—doctors, lawyers, and other hardworking high earners.
"Multi-billionaires like Elon Musk, Jeff Bezos, Richard Branson are off taking joyrides on their rocket ships to outer space. They are buying $500 million superyachts."
The government has learned nothing about affordable housing in the 50 years since Pruitt-Igoe came toppling down.
The show eschews simplistic political commentary, choosing instead to spoof America's self-obsessed, self-dealing elites.
Growing evidence confirms that barriers to immigration make us all worse off.
An onslaught of antitrust and data-security crackdowns have threatened the country's biggest ride-sharing platforms, cryptocurrency exchanges, and messaging services.
After returning from space yesterday, Jeff Bezos thanked Amazon customers who made his fortune possible.
May our new space billionaires produce spinoff technologies for the rest of us to enjoy in due time!
The American Families Plan hits individuals with identical net worths very differently.
And the global upper-middle class doubled.
The new report doesn't reveal anything we didn't already know.
Plus: Kentucky adopts school choice program, the vaccine passport debate heats up, and more...
A proposed wealth tax would collect 97 percent of its revenue from famous billionaires.
Billionaires may well have enabled our greatest (only?) policy successes in 2020.
Mears' effort to take readers behind the velvet rope and explore the world of clubbing proves both fun and sobering.
The proposed tax would apply to not just wealthy residents, but anyone who is wealthy who has lived in the state for the last 10 years.
Maybe Rome needed to disintegrate before the West could grow wealthy.
Should we be worried about the wealth amassed by the so-called 1 percent?
What is the correct reward for the person who creates something that millions of people want badly enough to pay for it?
Don't believe news reports—we're healthier, richer, and safer than ever before.
Pestilence, war, famine, and death are all on the decline.
People acting in their own self-interest created modern prosperity, says Ayn Rand Institute's Yaron Brook.
The estate tax is a form of double taxation.
Data from North Carolina, Florida, and Arizona show how school choice programs take care of students who would otherwise be neglected.
Doomslayer Julian Simon vindicated after 40 years.
Absolute losses increased, but the proportion of losses relative to global GDP has dropped
Bernie Sanders has millions of viewers who watch his socialist videos.
The solution to government interference isn't more of it.
As long as rich people don't collude with government, they make our lives better.
Bitcoin is booming. Libertarians were there first. So where are all the cryptocurrency tycoons?
We each have two legitimate ways to acquire any good: produce it ourselves or acquire it through trade. For most goods, trade will be the lower cost method.