Tag Results

Entries tagged investment

February 20, 2013 10:35 AM Who Wants to Extend the Debt Ceiling? Members Who Stand to Lose Money in the Market

Does exposure to the stock market in legislators’ personal investment portfolios affect their vote choices? Do personal financial interests matter as much or more than the typical predictors of legislative decision-making such as party and constituency? I argue that legislator...

By John Sides

June 11, 2012 8:52 AM Bring-it-on Dep’t

I haven’t seen any polling on this, but if Mitt Romney wants to make this election about whether we need more cops, firefighters, and teachers I think Barack Obama ought to accept the invitation.Of course the real hard-core Randian libertarian...

By Mark Kleiman

April 02, 2012 9:01 AM Why a Mega Millions Ticket is a Good Investment

Having already been critiqued for my economics acumen by Andrew Gelman earlier, I figured I might as well wander even deeper into the lion’s den by trying my hand at probability theory. Someone correct me if I’m wrong, but despite...

By Joshua Tucker

December 07, 2011 12:20 PM Congressional Portfolios Do *Not* Outperform the Market

Insider trading in Congress is back in the news, this time because Congress is trying to set up more stringent regulations against it. The reason: Almost all of the 173 House members cosponsoring the legislation signed on following a 60...

By Joshua Tucker

November 16, 2011 8:00 AM Portfolios of Members of Congress *Underperform* the Wider Market

Princeton political scientist Nolan McCarty applies research by political scientists to the unfolding story of whether members of Congress have benefited from insider trading: A recent 60 Minutes segment and a new book claim that members of Congress from both...

By Joshua Tucker