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It increases GDP. Also, have you seen the Dow?

• JumpCrisscross 6mo ago
  > 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.)
  • izacus 6mo ago
    It's obviously a tongue in cheek comment sir.
    • JumpCrisscross 6mo ago
      > 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.
      • danny_codes 6mo ago
        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
        • cucumber3732842 6mo ago
          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.
    • Dylan16807 6mo ago
      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.
• deleted 6mo ago
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