A Quote by John Warren Kindt

No reputable economist anywhere believes it's gambling an economic tool — © John Warren Kindt
No reputable economist anywhere believes it's gambling an economic tool
Whether the flavour of economic advice you like is conservative or liberal, you will find that flavour available from some 'reputable' economist, since there is no single standard to which all 'reputable' economists must repair.
While gambling addiction can be a social justice reason for some to ban gambling, the economic evidence suggests that the social and economic costs of gambling are $3 to the taxpayers for every $1 in benefits
Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits
I was teaching in one of the universities while the country was suffering from a severe famine. People were dying of hunger, and I felt very helpless. As an economist, I had no tool in my tool box to fix that kind of situation.
According to the management expert Peter F. Drucker, the term "entrepreneur" (from the French, meaning "one who takes into hand") was introduced two centuries ago by the French economist Jean-Baptiste Say to characterize a special economic actor-not someone who simply opens a business, but someone who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield." The twentieth-century growth economist Joseph A. Schumpeter characterized the entrepreneur as the source of the "creative destruction" necessary for major economic advances.
One independent expert - actually, the economist who advised John McCain in 2008, so, you know, not somebody that has any predisposition toward our side - but this economist did a study. He said under [Donald] Trump's economic plans, we would lose in America 3 and a half million jobs.
I'm an economist by training. I don't really work as an economist. I only worked briefly as an economist.
While advocates of legalized gambling say it brings in revenues needed for education and other uses, it actually has led to higher taxes, loss of jobs, economic disruption of non-gambling businesses, increased crime and higher social-welfare costs
Anyone who believes in indefinite growth on a physically finite planet is either mad or an economist
If you are a good economist, a virtuous economist, you are reborn as a physicist. But if you are an evil, wicked economist, you are reborn as a sociologist.
Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.
This was my first lesson about gambling: if you see somebody winning all the time, he isn't gambling, he's cheating. Later on in life, if I were continuously losing in any gambling situation, I would watch very closely.
Gambling is a catalyst for economic downturn
Our investigation has found that, unlike traditional fantasy sports, daily fantasy sports companies are engaged in illegal gambling under New York law, causing the same kinds of social and economic harms as other forms of illegal gambling and misleading New York consumers.
What I'm asking for is a new economic order. I don't know how to construct that; I'm not an economist.
There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.
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