The Unlimited Flow of Gambling Revenue

I am always stunned when I read about how much money Americans spend on gambling. In Maryland, for example, it is estimated that the annual earnings from the state’s six casinos is over $500 million. That’s just the earnings so what is actually spent on gambling in Maryland is easily in the billions and that’s…

The Research Project, Week Twenty, Maryland

According to its own web site, Maryland’s Johns Hopkins University is the leading U.S. academic institution in total research and development spending. In fiscal year 2013, the university performed $2.2 billion in medical, science, and engineering research. It has ranked No. 1 in spending for the 35th year in a row, according to the National Science Foundation.  …