The Heart of the Gambling Beast Macau, March 2018

bet is a tax on bullshit, goes the saying originating with economist Alex Tabarrok.

The tuning out of worldly choices, contingencies, and consequences in the zone of machine gambling depends on the exclusion of other people. “I don’t want to have a human interface” says Julie, a psychology student at the University of Nevada. “I can’t stand to have anybody within my zone.” Machine gamblers go to great lengths to ensure their isola

Investment isn’t any more of a sin, I think, than gambling. But when shareholders profit at the expense of the workers who produce those profits, it’s a means of extraction. An economy of extraction is what we’re retiring on, those of us who get to retire.