60 minutes – David G. Schwartz

60 Minutes hits slots

The 60 Minutes hit piece on slot machines finally came out. I’ve been hearing about this for a while, and it was actually about what I expected: We Americans spend more money on slots than on movies, baseball and theme parks combined. But with the modern slot machines, there is a greater potential for a […]

Andy Rooney takes on gambling

gambling & culture • Dave • May 17, 2010 • 60 minutes, andy rooney, anti-gambling, gambling & culture, gambling & culture, peter collins

Part-time economist and full-time curmudgeon Andy Rooney trashed the gambling business in a recent 60 Minutes piece: The thing that bothers me most about gambling is that people fritter away money so they don’t get to spend it on things that someone else has been paid to produce. Gambling produces nothing. There’s only so much

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gambling & culture