Bitcoin, arguably the most famous cryptocurrency, is notably volatile. Within 2017 alone, Bitcoin has faced two major crashes and recoveries.1 Yet, so far, keeping money in Bitcoin, and in the cryptocurrency market more generally, has been wildly profitable.2 In fact, cryptocurrency’s market capitalization in the last year was about six times that of the dot-com…
Month: November 2017
Professional and Amateur Sports Protection Act (PASPA): Where We Are, How We Got Here, and Where We Are Going
During its current term, the Supreme Court of the United States (“SCOTUS”) will hear a case brought by the State of New Jersey challenging the Professional and Amateur Sports Protection Act of 1992 (“PASPA”) in an attempt to legalize sports gambling in the state. Sports betting, and in particular single-game sports betting, has a long…
Carbon Pricing: Current State
In a world coming to a consensus on climate change, there exists a multitude of methods which governments can utilize to influence greenhouse emissions. The current global focus is on carbon pricing. Carbon pricing is an increase to the cost of carbon dioxide emissions.1 I would argue that carbon pricing is superior to other energy…
Texas Court Makes Quick Work of Obama-era Overtime Rule.
Since December 2016, employers with salaried workers all over the country have been riding a regulatory seesaw. That’s when a revised Obama administration Department of Labor regulation was supposed to take effect. The new rule raised the minimum salary required for an exemption from mandatory overtime from $23,660 annually to $47,476 per year for salaried…