Vegas, list trouble etc.

alice wellintown alicewellintown at gmail.com
Mon Nov 16 20:27:18 CST 2009


http://humanitieslab.stanford.edu/44/151

On Mon, Nov 16, 2009 at 9:25 PM, alice wellintown
<alicewellintown at gmail.com> wrote:
> Now the risk for Latin America’s big success story is hubris
>
>
> http://www.economist.com/displayStory.cfm?story_id=14845197&source=most_commented
>
> On Mon, Nov 16, 2009 at 3:21 PM, Paul Mackin <mackin.paul at verizon.net> wrote:
>>
>> Mark: And I think some famous economist, like Veblen, or another has
>> presented gambling as a major metaphor for capitalism and its risks.
>>
>> Me: I think it's a better metaphor for religion.
>>
>> Pascal's famous "wager" is somewhat related except that betting on the
>> existence of God, he said, is practically a sure thing--everything to gain
>> and nothing of lose (not much anyway).
>>
>> The gambling INDUSTRY is more than a metaphor--it's IS capitalism.
>>
>>
>> P
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>



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