“Daynard introduced the theory of “unjust enrichment” into the proceedings. It posited that while tobacco companies were making money off smokers, the state had to pay medical costs for sick customers and was thus the injured party. Other states followed Mississippi’s lead, and within just a few years, an agreement was in place that would transform cigarette consumption in this country.” 

““One of the great upsides of being older is you’ve seen a lot of things,” says Daynard. “And you can recognize them. So you see something, you say, ‘Aha.’” Daynard snaps his finger. “What’s similar with the tobacco industry is that they’ve designed the trap. The customers are in there, and they extract whatever money they can from them. And what happens with a trapped customer? Nothing good.” 

The Man Who Took On Big Tobacco Has a New Target: Sports Betting

“Daynard introduced the theory of “unjust enrichment” into the proceedings. It posited that while tobacco companies were making money off smokers, the state had to pay medical costs for sick customers and was thus the injured party. Other states followed Mississippi’s lead, and within just a few years, an agreement was in place that would transform cigarette consumption in this country.” 

““One of the great upsides of being older is you’ve seen a lot of things,” says Daynard. “And you can recognize them. So you see something, you say, ‘Aha.’” Daynard snaps his finger. “What’s similar with the tobacco industry is that they’ve designed the trap. The customers are in there, and they extract whatever money they can from them. And what happens with a trapped customer? Nothing good.” 

The Man Who Took On Big Tobacco Has a New Target: Sports Betting
https://time.com/7209769/sports-betting-gambling-addiction-richard-daynard-lawsuit/

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

addiction is just applied behavioral economics. same playbook, different dopamine loops. at least cigarettes didn't livestream your losses to the blockchain