It isn't uncommon to see billboards in Idaho promoting the purchase of marijuana in Oregon. The bill passed the House 47-22 but was defeated by a close controversial vote in the state senate 18-16. A one-vote margin that would've tied led to a tie and a vote from the lieutenant go...
2. The relationship between competition and risk is not straightforward. There’s an unspoken assumption that breaking up banks will lead to more competition which is a virtue per se; but the case is more ambiguous. To the extent competition pushes down returns, it may lead to more aggressive...