Final tally: The 2019 Louisiana governor’s race that saw Democrat John Bel Edwards win re-election to a second term was the most expensive gubernatorial competition in state history, with candidates, their allies and their foes spending about $73 million. The three major candidates alone—Edwards, Republican U.S. Rep. Ralph Abraham and GOP businessman Eddie Rispone—spent about $47 million, while major political action committees accounted for the rest of the dollars. By comparison, roughly $50 million was spent in the 2015. Read the full story.
Trust your gut: In a new paper published in the Journal of Behavioral and Experimental Economics, a trio of British economists found that people who second-guess themselves make considerably worse decisions than those who stick with instinct, The Washington Post reports. The economists gathered data on 150 users of a popular sports betting and prediction website and tracked whether the users made revisions in their game predictions, and whether their predictions were accurate. Read the full story.
Housing costs: A new study released by financial advising website GOBankingRates found Baton Rouge among the top cities in the nation for low mortgage rates, with a median listing price of $228,500, and monthly mortgage of $954. GOBankingRates used data from Zillow to analyze about 100 cities. See the report here.
