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by dandanua11 hours ago |
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upvoteby JumpCrisscross11 hours ago|
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> It increases GDP

I want this rigorously studied.

If it does, I’m more open to it. I don’t think it does. It’s a minuscule industry, macroeconomically spwaking, with massive negative externalities. I think regulating the marketing and conduct of industries proximate to addiction is something productive societies do. (On the other side of the spectrum we have the Qing.)

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upvoteby izacus11 hours ago|
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It's obviously a tongue in cheek comment sir.
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upvoteby JumpCrisscross11 hours ago|
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> It's obviously a tongue in cheek comment

But it captures a truth. States see lotteries as a funding source. Kalshi and Polymarket are combined valued at the GDP of Iceland (or alternatively, 13 Greenlands).

Casinos are run as a productive part of Nevada’s economy. Lotteries, too, on average, at least in some places. Our liquor and now cannabis industries are economic engines. It isn’t ridiculous to expect gambling apps to wind up in a similar place.

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upvoteby danny_codes7 hours ago|
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Depends. I imagine the opportunity cost of alcohol and cannabis outweigh their benefits from lost productivity. So likely those industries merely give an illusion of positive economics
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upvoteby cucumber37328427 hours ago|
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The economic windows are less broken when people smoke themselves stupid than they are when we send state violence after those people. This goes for most "bad" things. (State) violence is just that destructive to productivity. See also: prohibition.
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upvoteby Dylan168078 hours ago|
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It's obviously a joke, but joking that a bad thing is actually good because of some surface-level benefit does raise the question of whether it even has that surface-level benefit.
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upvoteby 9 hours ago|
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