In the state of Michigan, it is not clear that no-fault insurance has much longer to live. The state has the highest rates for automobile insurance in the country.1 For many, this high cost makes it difficult to afford a car; this cost imposition has led to a high number of uninsured vehicles in the…
Author: Spencer Layson
Economic Impact of the Little Caesars Arena
The Little Caesars Arena, replacing the Joe Louis Arena, is the new stadium in Detroit that many locals are hoping will breathe some economic life into midtown. These hopes are amplified by the fact that the Detroit Pistons are joining the Red Wings in calling the new stadium their home. However, at this time it…
Scrapping Dodd-Frank
Since its inception, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) has faced heavy criticism.1 Passed as comprehensive legislative response to the financial crisis of 2008, the Dodd-Frank Act expanded regulations on financial institutions. Its repeal would cause a dramatic change in the landscape of financial regulation in the United States. The…