---
title: "12 Economic Quotes By John Warren Kindt"
description: "12 Economic quotes by John Warren Kindt. Plus more from John Warren Kindt and more Economic sayings from other authors."
image: "https://sms4smile.com/quotes/i/467/john-warren-kindt-8279_believe_no-reputable-economist-anywhere-believes_970632.jpg"
---

> [No reputable economist anywhere believes it's gambling an economic tool](https://sms4smile.com/quotes/john-warren-kindt/no-reputable-economist-anywhere-believes-it-s-gambling-an-economic/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/467/john-warren-kindt-8279_believe_no-reputable-economist-anywhere-believes_970632.jpg)

> [Gambling is a catalyst for economic downturn](https://sms4smile.com/quotes/john-warren-kindt/gambling-is-a-catalyst-for-economic-downturn/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/e3b/john-warren-kindt-8279_catalyst_gambling-is-a-catalyst-for-economic-down_1939175.jpg)

> [It is not economic development; it's about taking money out of the consumer economy and shipping it off to Las Vegas](https://sms4smile.com/quotes/john-warren-kindt/it-is-not-economic-development-it-s-about-taking-money-out-of-the/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/c78/john-warren-kindt-8279_consumers_it-is-not-economic-development-it-s-abou_1364398.jpg)

> [State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development](https://sms4smile.com/quotes/john-warren-kindt/state-sponsored-gambling-produces-no-product-no-new-wealth-and-so-it/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/c91/john-warren-kindt-8279_contribution_state-sponsored-gambling-produces-no-pro_1597594.jpg)

> [There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center](https://sms4smile.com/quotes/john-warren-kindt/there-would-be-economic-disruption-in-omaha-from-expanded-gambling/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/36c/john-warren-kindt-8279_chernobyl_there-would-be-economic-disruption-in-om_2511580.jpg)

> [Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits](https://sms4smile.com/quotes/john-warren-kindt/gambling-has-a-zero-sum-economic-effect-in-its-market-and-like/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/482/john-warren-kindt-8279_benefits_gambling-has-a-zero-sum-economic-effect_194176.jpg)

> [The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction](https://sms4smile.com/quotes/john-warren-kindt/the-socio-economic-impact-of-gambling-addiction-is-comparable-to-drug/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/aee/john-warren-kindt-8279_addiction_the-socio-economic-impact-of-gambling-ad_482311.jpg)

> [If gambling were banned, those social costs would drop, tax revenues from consumer goods would increase, and money would be pumped into…](https://sms4smile.com/quotes/john-warren-kindt/if-gambling-were-banned-those-social-costs-would-drop-tax-revenues/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/549/john-warren-kindt-8279_banned_if-gambling-were-banned-those-social-cos_427301.jpg)

> [Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development](https://sms4smile.com/quotes/john-warren-kindt/your-social-costs-your-costs-to-the-taxpayers-are-3-for-every-1-of/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/a06/john-warren-kindt-8279_benefits_your-social-costs-your-costs-to-the-taxp_1552434.jpg)

> [While advocates of legalized gambling say it brings in revenues needed for education and other uses, it actually has led to higher…](https://sms4smile.com/quotes/john-warren-kindt/while-advocates-of-legalized-gambling-say-it-brings-in-revenues/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/1df/john-warren-kindt-8279_cost_while-advocates-of-legalized-gambling-sa_645929.jpg)

> [In permitting gambling enterprises to flourish in the United States and abroad, the United States undermines global socio-economic stability in contravention of…](https://sms4smile.com/quotes/john-warren-kindt/in-permitting-gambling-enterprises-to-flourish-in-the-united-states/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/84e/john-warren-kindt-8279_business_in-permitting-gambling-enterprises-to-fl_119267.jpg)

> [While gambling addiction can be a social justice reason for some to ban gambling, the economic evidence suggests that the social and…](https://sms4smile.com/quotes/john-warren-kindt/while-gambling-addiction-can-be-a-social-justice-reason-for-some-to/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

[Image](https://sms4smile.com/quotes/i/286/john-warren-kindt-8279_addiction_while-gambling-addiction-can-be-a-social_402394.jpg)

## Other authors on Economic

## More by John Warren Kindt

> [Taxpayers would likely be responsible for treating addicts](https://sms4smile.com/quotes/john-warren-kindt/taxpayers-would-likely-be-responsible-for-treating-addicts/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [Then they're like addicts; they can't help themselves... They will steal, cheat, embezzle and commit other crimes just to get money to gamble](https://sms4smile.com/quotes/john-warren-kindt/then-they-re-like-addicts-they-can-t-help-themselves-they-will-steal/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [It becomes a cannibalization of your pre-existing economy](https://sms4smile.com/quotes/john-warren-kindt/it-becomes-a-cannibalization-of-your-pre-existing-economy/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [Legalized gambling is the leading cause of bankruptcy](https://sms4smile.com/quotes/john-warren-kindt/legalized-gambling-is-the-leading-cause-of-bankruptcy/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [In permitting gambling enterprises to flourish in the United States and abroad, the United States undermines global socio-economic stability in contravention of its international…](https://sms4smile.com/quotes/john-warren-kindt/in-permitting-gambling-enterprises-to-flourish-in-the-united-states/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [27 percent to 55 percent of casino revenues come from problem or pathological gamblers](https://sms4smile.com/quotes/john-warren-kindt/27-percent-to-55-percent-of-casino-revenues-come-from-problem-or/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [Gambling interests hire lots of economists to do impact studies, but what you need is cost-benefit analysis, and you'll never see the industry finance…](https://sms4smile.com/quotes/john-warren-kindt/gambling-interests-hire-lots-of-economists-to-do-impact-studies-but/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [For every slot machine you add, you lose one job per year from the consumer economy](https://sms4smile.com/quotes/john-warren-kindt/for-every-slot-machine-you-add-you-lose-one-job-per-year-from-the/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits](https://sms4smile.com/quotes/john-warren-kindt/gambling-has-a-zero-sum-economic-effect-in-its-market-and-like/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [In convenience gambling scenarios, discretionary spending and nondiscretionary addicted gambling dollars were transferred from other forms of consumer expenditures](https://sms4smile.com/quotes/john-warren-kindt/in-convenience-gambling-scenarios-discretionary-spending-and/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [Local competing businesses were thereby losing revenue.](https://sms4smile.com/quotes/john-warren-kindt/local-competing-businesses-were-thereby-losing-revenue/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [This is an industry that generates addicted gamblers and they are desperate to get money](https://sms4smile.com/quotes/john-warren-kindt/this-is-an-industry-that-generates-addicted-gamblers-and-they-are/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [It's lose, lose for the taxpayer](https://sms4smile.com/quotes/john-warren-kindt/it-s-lose-lose-for-the-taxpayer/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [Thirty-seven percent of gamblers dip into their savings to fulfill their habit](https://sms4smile.com/quotes/john-warren-kindt/thirty-seven-percent-of-gamblers-dip-into-their-savings-to-fulfill/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

> [The military should get rid of video gambling devices on nearly 100 overseas bases and posts](https://sms4smile.com/quotes/john-warren-kindt/the-military-should-get-rid-of-video-gambling-devices-on-nearly-100/)

[John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/)

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