by Jeremy Webster | Mar 8, 2023 | Recent News - Tom Miller
For centuries, rulers and lawmakers have imposed interest rate caps. These caps likely stem from the widely held belief that caps make loans cheaper for necessitous individuals. This belief persists today. But suppose the belief is wrong? Economic theory...
by Jeremy Webster | Feb 16, 2023 | Recent News - Tom Miller
College football fans were treated to a thrilling end to this year’s college football season, including the exhilarating slugging matches in the semi-finals and Georgia’s decisive win in the championship. But after the hubbub dies down, we cannot ignore the...
by Jeremy Webster | Feb 16, 2023 | Recent News - Tom Miller
Economic theory predicts that a binding interest-rate cap decreases credit availability for high-risk borrowers. On March 23, 2021, Illinois imposed an all-in interest-rate cap of 36 percent per annum for loans under $40,000 from non-bank and non-credit-union lenders....
by Jeremy Webster | Feb 16, 2023 | Recent News - Tom Miller
Using data for the last quarter of 2020 and first three quarters of 2021, the study examined the effects of the 36% rate cap imposed by the Illinois Predatory Loan Prevention Act which became effective in March 2021. The study found that the cap significantly...
by Editor | Feb 16, 2023 | Uncategorized
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by Editor | Feb 16, 2023 | Uncategorized
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by Editor | Feb 9, 2023 | Uncategorized
Woke Alert: BlackRock BLACKROCK TURNS TO INSIDER LOBBYISTS TO PUSH ITS ESG SCAM Under scrutiny for its ESG scam, BlackRock has turned to insider lobbyists to defend its woke investment policies. Woke investment behemoth BlackRock has been at the forefront of...
by Editor | Dec 15, 2022 | Recent News - Will Hild
BlackRock Inc. and Chief Executive Officer Larry Fink spent the past several years championing investment strategies that focus on a now-ubiquitous and tormented acronym: ESG. As a result, the asset-management behemoth has become a leading corporate voice in the...
by Editor | Dec 7, 2022 | Recent News - Will Hild
Vanguard announced Wednesday it is pulling out of the Net Zero Asset Managers initiative, an investment-industry effort to encourage fund firms to reach net zero emission targets by 2050. The change of heart comes roughly a week after Consumers’ Research and 13...
by Editor | Dec 1, 2022 | Recent News - Will Hild
Americans are paying sky-high electricity rates and companies like Vanguard are making the problem worse. This week my organization, Consumers’ Research, joined 13 state attorneys general in a complaint against Vanguard at the Federal Energy Regulatory Commission....
