Lotteries

Oh look, W. Hunter posted about Lotteries.
“Lotteries can be useful natural experiments; we can use them to test the accuracy of standard sociological theories, in which rich people buy their kids extra smarts, bigger brains, better health, etc.

David Cesarini, who I met at that Chicago meeting, has looked at the effect of winning the lottery in Sweden. He found that the “effects of parental wealth on infant health, drug consumption, scholastic performance and cognitive and non-cognitive skills can be bounded to a tight interval around zero.” “

I count this as evidence in favor of my theory that winning the lottery does not have a significant effect on a person’s likelihood of committing crimes (eg, drug consumption,) and that the converse, becoming suddenly poor, probably also has no major effect.

There’s also a somewhat garbled reference in the article to an interesting 1800s land-lottery in Georgia; I recall the longer post on the subject and recommend it if you can find it.

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2 thoughts on “Lotteries

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