Giving creates opportunities for students at TROY’s Johnson Center

The generosity of donors like Dr. Manuel H. Johnson and Dr. Harrel McKinney have created opportunities for students at Troy University,

The generosity of donors like Dr. Manuel H. Johnson and Dr. Harrel McKinney have created opportunities for students at Troy University,

The students come from all walks of life and all around the world, but all have one thing in common—they all say financial support from Troy University’s Johnson Center for Political Economy changed their lives.

Donor support provides not only scholarships, but also defers the costs of travel to conferences, creating life-changing learning opportunities for…

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Is Facebook Really Like Ma Bell?

Social media giants may meet the popular definition of 'monopoly.' (photo/Wikimedia Commons)

Social media giants may meet the popular definition of 'monopoly.' (photo/Wikimedia Commons)

Some commentators and politicians have proposed regulating Facebook, Twitter, and Google as public utilities.  To make sense of this proposal, let’s consider the economic role of public utilities.

Today’s social media giants might meet the popular definition of monopoly, namely having a very large market share. Economists, however, use a much stricter definition, and public utility…

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Sports betting may not be ‘best bet’ in Alabama

The U.S. Supreme Court has set the stage for states to legalize sports betting. (unsplash.com/Sandro Schuh)

The U.S. Supreme Court has set the stage for states to legalize sports betting. (unsplash.com/Sandro Schuh)

The U.S. Supreme Court ruled last May that states could legalize sports betting.  New Jersey, Delaware, West Virginia and Mississippi have joined Nevada in offering legal sports betting, and about twenty other states have taken steps toward legalization.  Should Alabama join this crowd?

The size of the sports betting market is one argument in the…

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Economics and Aaron Rodgers’ New Contract

Green Bay Packers quarterback Aaron Rodgers has become the highest paid player in the NFL. (Green Bay Packers photo/Corey Wilson)

Green Bay Packers quarterback Aaron Rodgers has become the highest paid player in the NFL. (Green Bay Packers photo/Corey Wilson)

The Green Bay Packers’ Aaron Rodgers just signed a contract extension making him the NFL’s highest paid player.  Can economics make sense of athletes’ enormous salaries? And are such salaries justified?

Top athletes now make eight figure salaries; Mr. Rodgers’ four-year contract extension will pay at least $134 million, including $67 million before the end of…

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