If you could invent something to fulfill an economist’s dream, it would look an awful lot like a prediction market. A world where every uncertain future can be priced, hedged and insured against? Kenneth Arrow and Gérard Debreu would approve. A market mechanism to co-ordinate the decentralised wisdom of crowds, ensuring the accuracy of such prices? Adam Smith and Friedrich Hayek sought just that.
Scientific research has confirmed that the vibrations produced by a cat’s purr, ranging between 25 and 150 Hertz, can accelerate...
The late-nineteenth and early twentieth-century philosopher F. H. Bradley is not at the center of contemporary philosophical discussion, but he...
If there’s one thing we can count on in America, it’s that our elected officials will see an affordability crisis...
Subchapter V filings intended for small businesses have risen 8% annually to 2,221 bankruptcies as of November 2025. Bloomberg and...
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 1,163.74 points or 2.33% to...
When Copernicus presented his heliocentric model, in which the Earth was not the centre of the universe, there was a...
The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.
