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2min chapter
The Intelligence: The race to save Kharkiv
Economist Podcasts
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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