August 17, 2014
A GOOD WAY TO WRECK A LOCAL ECONOMY: Build Casinos. A colleague and I were talking about this the other day. A casino is basically a sign that the local political class has wrecked things already enough that they need a new approach to squeeze sufficient graft out of the wreckage. That’s especially true now that casinos are common enough that they mostly draw from the (already economically suffering) local region.