2min chapter

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539. Why Does One Tiny State Set the Rules for Everyone?

Freakonomics Radio

CHAPTER

How South Dakota Wins the Franchise Franchise From Delaware

Delaware has always aimed to stay ahead of any competitors by making itself as business friendly as possible. Nevada is one state that has attempted to win this business and Wyoming, another states that have attempted to win the franchise from Delaware. South Dakota was the first day, I believe, to say, we'll get rid of interest rate caps for credit card companies.

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