Galleria Vittorio Emanuele

So the House passed a bill last month to ban online poker playing. Jon Stewart describes this best: When it comes to physical casinos, the argument is that the poor locals will wander in and spend their every last dollar. I don’t see the same argument working for online gambling, as the poor are unlikely…

Steven Horwitz, a professor of economics at St. Lawrence University, published a study that shows why local businesses are more effective in assisting in an emergency than the federal government. The study says Wal-Mart, Home Depot and Lowe’s made use of their local knowledge about supply chains, infrastructure, decision makers and other resources to provide…