With few exceptions, people are spending less nowadays. Spending is down on everything from home improvement to organic milk to Mother’s Day gifts. So, obviously, the recession affects the way all sorts of people—such as an unemployed couple, a sports CEO, an ER doctor, and others profiled in a Time package—make decisions about how, …
lottery
Q&A with The Lottery Wars author Matthew Sweeney
It seems odd that any U.S. state would actively encourage its citizens to gamble, especially during hard economic times. But that’s exactly what the vast majority of states do via lotteries. Firms on state payrolls are constantly devising new ways to bring in more players and more money, including high-stakes scratch-off games ($50 to …
