Analysis Quote by 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 those”
About This Quote
The quote argues that gambling firms rely on economists for impact studies, but what truly matters is a rigorous cost‑benefit analysis, which they avoid revealing.
In simple terms: Gambling firms hide true costs by avoiding transparent analysis.
Key Takeaway
Demand transparent cost‑benefit studies.
Themes
economics
policy
transparency
Mood
skeptical
critical
Type
analytical
policy
When to use this quote
- policy making
- public health
- financial oversight
- academic research
- government budgeting
Key Concepts
cost‑benefit analysis
regulation
industry influence
Questions to Reflect On
- How can independent analysts obtain unbiased data?
- What incentives could force firms to disclose costs?
A Different Perspective
Industry may resist scrutiny, limiting data availability.
