Earl L. Grinols has served as Distinguished Professor of Economics at the Hankamer School of Business, Baylor University since 2004. He previously taught at MIT, Cornell University, the University of Chicago, and the University of Illinois. Professor Grinols worked as a research economist for the Department of the Treasury and as Senior Economist for the Council of Economic Advisers. He has extensively published in the fields of finance, public finance, international economics, and macroeconomics. He is the author of three previous books, including Gambling in America: Costs and Benefits (2004), also published by Cambridge University Press. He has testified before Congress and in numerous statehouses, and his work has been cited by leading newspapers and news outlets such as the Economist, Wall Street Journal, Los Angeles Times, Boston Globe, the Financial Times, Chicago Tribune, Philadelphia Inquirer, Time, US News and World Report, Washington Post, New York Times, and many others.
