Three Reasons Not to Gamble on Sports

In a landmark decision today, the Supreme Court effectively struck down federal laws against sports gambling. While the full implications of the ruling will probably take time to realize, most states in the US will likely sanction and promote (though, according to this ruling, they wouldn't have to) betting on professional sports, such as NFL, …

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Capitalism and the Cleveland Browns

Stakeholders in the NFL cannot lose—at least not under the league’s current structure. Owners split money from the league’s massive TV deals and other media revenue streams. That stream is so dependable, so huge, and so guaranteed that it’s done what large, intractable pools of cash have done since the invention of markets. It has …

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Colin Kaepernick and Our Dysfunctional Public Square

The NAACP’s boycott of the NFL over Colin Kaepernick’s lack of a contract exemplifies in vivid focus the many ways that the American conversation about race and culture is dysfunctional. Admittedly, the stakes in this particular drama are low; whether a professional athlete is paid tens of millions of dollars to play a game or …

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