Gambling; or, Fortuna, her temple and shrine.: The true philosophy and ethics of gamblingRomain, James Harold
Philosophy
Gambling; or, Fortuna, her temple and shrine.: The true philosophy and ethics of gambling
Romain, James Harold
Gambling
It has been observed by one of the great statesmen of England, that
the broad principles of freedom had been early recognized in that
country, and understood by even the citizens of minimum intelligence;
for instance, freedom of locomotion, freedom in the disposition of
property, freedom of opinion in politics and religion. But that
other important features of the same principle were not so quickly
and clearly understood. “I refer,” he continues, “to such matters as
freedom of commercial intercourse and exchange, freedom of contract
in the natural rise and fall of wages and in the condition of labor;
freedom of individual taste and expenditure, in the more private
concerns of life. In many cases, these were matters which affected the
poor and rich alike, but principally the poor, who, in their meagre
parliamentary representation, enjoyed few opportunities for effectual
protest. One can only account for the continuance of those which
materially affected the better classes, who did enjoy representation,
to the fact that, not being familiar with the fundamental economic
laws, which are now so widely understood, they were not prompted to any
practical resistance. It is highly probable, too, that for want of this
knowledge, most people rested satisfied with the vague idea that, in
some way or other, though not very clear, such restrictive legislation
produced some good to somebody.” We pass over those legislative and
executive interferences, which present “every possible contrivance
for hampering the energies of commerce.” Purely economic questions
are not germane to our discussion; such as the numerous and ingenious
restraints upon foreign trade; the attempts to regulate the rate of
wages and the price of food.
Public-domain text, read in full here on John Shaqi.
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