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This is the third book in what the author calls his sin trilogy: the gambling, tobacco, and alcohol industries. Similar to the gambling and tobacco industries, the alcohol industry is one in which the business and public policy processes are intimately linked. Furthermore, it is a highly regulated industry whose very existence depends upon the will of government at all levels and branches. What all the industries share is that they are viewed as a painless source of revenue for government. The alcohol industry is composed of three segments, namely beer, distilled spirits, and wine, each...

Is it always more effective and less expensive to use taxpayer dollars to engage private companies rather than have the government run enterprises itself? Do consumers always benefit from the privatization of services? What happens when privatization stops being an abstract, theoretical debate and is actually put to the test in the real world? "Privatize This? Assessing the Opportunities and Costs of Privatization" is the place to find out.

"Privatize This?" provides a clear, easy-to-apply model for evaluating the pros and cons of the privatization process and then puts the model to...

The great majority of Americans--more than 80%--say they approve of gambling, even if they themselves don't gamble. Still, deep divisions persist in our attitudes toward the gambling industry. Is it profoundly destructive, preying on human weakness and stripping its victims of their sustenance and dignity? Or is it a vehicle of the American dream--an engine of personal enrichment, enormous public revenue, and economic development? The industry's explosive growth has sharpened the debate, radically altering the gambling landscape and dramatically raising the stakes involved. Author Richard...

The American cigarette industry is again facing enormous pressure from various groups whose goal is a smoke free society. What differentiates this present wave from the previous two waves of regulation faced by the cigarette industry is the severity with which these measures are applied by the state and local government who are enacting anti-smoking laws and regulations and increased excise taxes. Cigarette taxes are a lucrative revenue for the states, which they must ultimately trade-off with their stated goals of deterring smoking. Frequently, in spite of the needs of public health,...

Lotteries and state-sponsored gambling is big business. This is the first study that evaluates the business strategies of state lotteries on two fronts. First, it examines which of the lottery strategies produces the most consistent source of revenue for the state. Second, it analyzes possible overall gambling strategies that states will need to utilize as they seek to expand gambling revenue. This is must reading for those operating lotteries, state legislators, vendors to state lottery commissions, taxpayers, and scholars in public policy and government.

The whole question of...