Insurance maximizes the productive capacity of the economy by allowing the entire class of actors to absorb the net cost of a peril while all continuing their p

Insurance maximizes the productive capacity of the economy by allowing the entire class of actors to absorb the net cost of a peril while all continuing their productive endeavors enhancing the health and wealth of society. Gambling allows one class of actors with better planning, impulse control, and knowledge to siphon off the productive capacity of society usually while producing nothing of value. What's more it is usually by virtue of its other attributes and position in society the sector is often directly involved in other illicit activities or at least crime adjacent creating an opportunity to defund or deter crime by attacking this sector.