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>If someone wins the lottery and gets rich, society isn’t better off. Actually, society is much better off since the money is dispersed into the economy faster

>If someone wins the lottery and gets rich, society isn’t better off. Actually, society is much better off since the money is dispersed into the economy faster and to a much greater degree than most other windfalls. And most other windfalls are crafted to accumulate money from the economy, so the difference in who ends up with the money is another major factor.

kortilla 2y ago
[flagged]
- zelon88 2y ago
  $1bn / 200k people is $5k each. For a drug that probably costs $4. When you mark up the cost of saving a life by 1,200% I don't think you get to call that "wealth creation" or "saving lives" or even "preventing death". That's called "extortion."