141. Is Greed Good?
No Stupid Questions
Freakonomics Radio + Stitcher
4.6 • 3.7K Ratings
🗓️ 9 April 2023
⏱️ 43 minutes
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| 0:00.0 | Well look, it's not my chief beef. |
| 0:04.0 | Chief beef? |
| 0:05.0 | What is your chief beef? |
| 0:07.0 | I'm Antela Duckworth. |
| 0:08.0 | I'm Stephen Dubner. |
| 0:09.0 | And you're listening to no stupid questions. |
| 0:12.0 | Today on the show, is gambling driven by greed? |
| 0:16.5 | What is greed? |
| 0:17.5 | It's wanting more and never feeling satisfied. |
| 0:28.0 | So you and I were talking recently offline and you had taken note of the rather rapid rise |
| 0:34.5 | of legal sports betting in the US, especially through apps like Fan Dual and Draft Kings. |
| 0:38.9 | Yeah, I'm inferring that from just seeing these advertisements like all the time. |
| 0:42.6 | Oh, yeah. |
| 0:43.6 | Because Jason watches basketball and stuff and it's like holy smokes. |
| 0:47.0 | What is going on? |
| 0:48.4 | Yeah, they are out there and we can talk about that. |
| 0:51.6 | But you also mentioned a book. |
| 0:53.4 | I think it was written around 2012 by a cultural anthropologist named Natasha Dow shul. |
| 0:59.0 | It was called Addiction by Design and it talks about how slot machines in particular induce |
| 1:03.8 | a state of flow. |
| 1:06.1 | And then I think what happened in our conversations, you put two and two together and we were |
| 1:10.6 | also thinking about the series we've been doing on the seven deadly sins. |
... |
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