Archive - Oct 7, 2007 - Blog entry

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State lotteries and education

I’ve long ridden this hobbyhorse and am happy to see the NYT join the good guys, even offering this cool interactive graphic.

For me the bottom line is this: it’s ironic that a program often touted as being good for education relies, first of all, on the economic ignorance of its "core" customer base (quick: what’s the expected value of a dollar "invested" in a lottery ticket, compared with a dollar put in an interest-bearing bank account?) and, second of all, on an attitude (wishfully thinking that one can get something for nothing) that is antithetical to the connection between hard work and self-discipline, on the one side, and reward, on the other that we’d presumably wish to cultivate.

To me, lotteries indicate a failure of political leadership: they’re a so-called "voluntary tax" imposed by legislatures unwilling or unable to make the case for spending more public money on education.