unSILOed with Greg LaBlanc cover image

458. The Economics of Addiction with David Courtwright

unSILOed with Greg LaBlanc

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Evolving Landscape of Gambling and Addiction

This chapter examines the transformation of gambling in the U.S. from an illegal activity to a mainstream source of state revenue, juxtaposing financial benefits against public health concerns. It analyzes the dynamics of addiction, comparing the interplay of various addictive behaviors and societal impacts of expanding consumer options over time. The discussion highlights historical changes in societal attitudes towards addictive substances, emphasizing the role of technology and regulation in shaping modern consumer behavior.

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