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Tag Name "Lotteries" (8)

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Lotteries, a tax upon imbeciles.
Camillo Benso, Count of Cavour
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Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
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That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.
Adam Smith
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European lotteries are the tax on fools.
Camillo Benso, Count of Cavour
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In Las Vegas we all know that it's the croupiers who win. At the race track, it's those who control the handle who win. State lotteries, does anybody think the participants in the lottery win? No. The state wins.
John C. Bogle
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Besides creating more compulsive gamblers, money spent on lotteries isn't spent on other goods such as clothing or computers, which would trickle through to retailers, manufacturers and other parts of the economy
John Warren Kindt
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I have never played the lottery in my life and never will. Voltaire described lotteries as a tax on stupidity. More specifically, I think, on innumeracy.
Daniel Tammet
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We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt