Which industry is more detrimental to society — finance or gambling?

Felix Salmon (#):

Finance, at least in its virulent form of the past 20 years or so. Macau is in much better shape than Iceland, or Dubai. Millions of people genuinely believe they can and will get rich by day-trading stocks and options and whatnot; the ranks of professional gamblers are much smaller and much less delusional.

About Chris F. Masse

Founder and President of Midas Oracle
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