A Comment on Walker and Barnett's “The Social Costs of Gambling: An Economic Perspective”

@article{McGowan1999ACO,
  title={A Comment on Walker and Barnett's “The Social Costs of Gambling: An Economic Perspective”},
  author={Richard McGowan},
  journal={Journal of Gambling Studies},
  year={1999},
  volume={15},
  pages={213-215}
}
The goal of Walker and Barnett’s paper, namely defining what is meant by the social costs of gambling, is certainly one that has been needed for a long time. If they hope to achieve their goal, one must accept the assumptions they have made about the “economic paradigm.” If one agrees with these assumptions, then one can only admire the rigor and logic with which they then go about defining a “social cost.” However, the “economic paradigm” is based on a “moral calculus” that has a long and… CONTINUE READING

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