Authors:
  1. Quotes
  2. Authors
  3. A
  4. Adam Smith
  5. That the chance of gain is naturally over-valued, we may...

That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.

Adam Smith
May, Gains, Chance
Adam Smith (1827). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.45
That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries.