The self satisfied pragmatist knows what economics is from experience: it's money! So it is that like legendary bank robber who knows where the money is -- Willie Sutton, the enterprising empiricist sets out to build a casino.
Now what exactly does a casino produce of added value to its host neighborhood? Hmm. Revenue for the decaying and decrepit school system, perhaps? Gotta have dealers who can count the proceeds. So yes, some arithmetic still needs to be drilled into 'em.
Edgar Poe was wont to remind the public in his day that the leading pragmatist cum utilitarian known as Jeremy Bentham, was in fact no better than an academic snake oil salesman. Thus the financiers of gambling casinos cropping up on every other interstate nowadays are nothing more than the low level brethren of the masters of knowing where the real money is: City of London and Wall Street speculators and their hoary financial houses.
And what exactly do these very respectable gentlemen add of value to their host countries?
Eratosthenes first measured the circumference of the earth from the shadows cast by the sun. Today, humanity's fitness to survive will be measured by our ability to conquer that same thermonuclear fusion that casts those shadows. Thus, Prometheus will truly be unbound.
Today's Elites
Wednesday, June 24, 2015
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