“The poor play the lottery, the rich play the stock market.” This comical statement seems to hide both hope and the bitter truth. An economics professor at Chulalongkorn University invites us to understand why many Thais put their hopes into lotteries and analyzes how their popularity relates to social inequality, upward mobility and corruption.
Tag: Monopoly
GW Law Expert Available to Discuss FTC Lawsuit Blocking Meta Purchase of Fitness App
WASHINGTON (July 28, 2022)— On Wednesday the Federal Trade Commission announced it is suing to block Facebook owner Meta from buying Within Unlimited, a company that makes the virtual reality fitness app Supernatural. The FTC alleges Meta is trying to…