But maybe they were right--from a writeup of a scholarly study of lotteries (hat tip, Freakonomics):
In the study, the researchers note that lotteries set off a vicious cycle that not only exploits low-income individuals' desires to escape poverty but also directly prevents them from improving upon their financial situations. They recommend that state lottery administrators explore strategies that balance the economic burdens faced by low-income households with the need to maintain important funding streams for state governments.Maybe the spread of gambling in the last half of the 20th century has a little something to do with the increase in inequality? Maybe?
No comments:
Post a Comment