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The Intelligence: The race to save Kharkiv

Economist Podcasts

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The Regressive Nature of State-Run Lotteries

This chapter examines the regressive nature of state-run lotteries in the U.S., where low-income households disproportionately spend a larger share of their income on tickets. It reveals significant disparities in spending behaviors, particularly during the pandemic when stimulus checks exacerbated the issue.

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