Three Reasons Not to Gamble on Sports

Three Reasons Not to Gamble on Sports

In a landmark decision today, the Supreme Court effectively struck down federal laws against sports gambling. While the full implications of the ruling will probably take time to realize, most states in the US will likely sanction and promote (though, according to this ruling, they wouldn't have to) betting on professional sports, such as NFL, [...]

3 Kinds of Patriotism

A quick taxonomy: The patriotism of duty is the patriotism that involves material acts of fidelity to one's country. This is the patriotism of military service and other varieties of selfless sacrifice. This is where patriotism becomes embodied, and its ideals take on specific actions worthy of praise. The patriotism of affection is the patriotism of [...]

Capitalism and the Cleveland Browns

Stakeholders in the NFL cannot lose—at least not under the league’s current structure. Owners split money from the league’s massive TV deals and other media revenue streams. That stream is so dependable, so huge, and so guaranteed that it’s done what large, intractable pools of cash have done since the invention of markets. It has [...]