In a story about privatizing the lottery in Pennsylvania on WHYY’s Radio Times, Victor Matheson, associate professor of economics at the College of the Holy Cross, commented on the pros and cons of Governor Corbett’s controversial decision to contract with the Camelot Group, a U.K.-based private lottery company.
Noting that in the first year of privatization Illinois saw record lottery revenue, Matheson said, “Just because you privatize something doesn’t necessarily mean that’s some sort of silver bullet that solves all of your problems. You have lots of state lotteries run very efficiently and generating significant revenues being run by the government. Just because it’s being run by the government doesn’t mean it’s being run inefficiently. And it doesn’t mean that a private company can automatically, just by the magic of the marketplace, come in and generate significantly higher revenues.”
This “Holy Cross in the News” item by Kristine Maloney.
Vannicelli Lecture by Jacob Medina '16See More > 04/10/2015
A Seussebration: Hats Off to 111 Years of Dr. SeussSee More > 04/15/2015
Lunch & Learn: LGBTQ Safe ZoneSee More > 04/17/2015
'Libertad' performed by The College Choir and Chamber SingersSee More >
‘The 50 Best Private Colleges for Earning Your Degree On Time’
According to Money, a subsidiary of TIME.com, the College of the Holy Cross ranks No. 12 in the top 50 best private colleges for earning your degree on time and No. 101 for...03/04/15
‘At Notre Dame, a door closes, but many more are opening across Catholic higher ed’
Wall Street Journal | The Conversation
Joanne Pierce, professor of religious studies at College of the Holy Cross and a University of Notre Dame alumna, reflects on the legacy of Rev. Theodore Hesburgh, president...02/18/15
‘Exploring an Institution’s Roots: Board Members Walk in a Saint’s Footsteps’
In the January/February issue of Trusteeship Magazine, Rev. Philip L. Boroughs, S.J., president of the College of the Holy Cross, reflects on the pilgrimage he led with a...