Category Archives: Entertaiment

Growing Gambling Facilities in the Northeast US: Is There a Market for Them All?

Introduction Politicians in Massachusetts, New York and Rhode Island have put aside moral and/or addiction concerns over gambling. Instead, they recently asked why all the gambling dollars from their citizens go to the casinos (and governments) in Connecticut and New … Continue reading

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Gambling: A State of the World Report

Introduction The press regularly reminds us that we live in a work teeming with dangerous addictions. They include: drinking, drugs, sex, and gambling. The reality is that most people enjoy these activities and incorporate them into their lives without becoming … Continue reading

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Your Favorite Wine – Where Does It Really Come From?

Introduction Most people buy their wines from liquor/wine stores. Some favor a certain varietal while others prefer a certain country or region. Others follow the advice of their favorite wine salesman. And when buying wine as a house present, a … Continue reading

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Media Warp – The Cable News Distortions

Introduction The media loves reporting bad news – great ratings! And we have all received far more information/reports with no new information than we need on the Orlando and San Bernardino killings. And the same on planes lost in the … Continue reading

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The Labor Saving Effects of Switching from Store to Online Purchases: Amazon vs. Department Stores and Malls

Introduction My last piece explored some of the labor saving technologies being introduced into both the goods and the services industries. It suggested that “labor saving” is a major reason for the “weak feeling” US recovery and growing income inequality. … Continue reading

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If You Enjoy Wine – Avoid Blind Tastings

The Early Years I started enjoying wine years back. I vaguely remember Lancer’s Sparkling Rosé, Mateus and Thunderbird. On special occasions, my parents would buy the “heavy whites” from France – the Meursaults and Montrachets. They were better. At a … Continue reading

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Wine Buyers, Sellers, and Grape Growers: What The Future Holds

Introduction This article uses what is known about the sellers, buyers, marketers and distributors of wine to project where the industry is going. Sellers Table 1 presents volume, value and price data on bottled and bulk wine[1] for the leading … Continue reading

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Why “Entertainment” Drugs Should Be Legalized

Introduction Most Americans think the “entertainment” drugs (Marijuana, Opioids, Cocaine, Amphetamines and there derivatives) are bad. Bad or not, their illegality should be reconsidered. Below, I make the factual case for legalizing them. Are Illegal Drugs Different Than Food? Entertainment … Continue reading

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Gambling – Asia and the US Are Two Different Worlds

Summary  Asian gambling is growing rapidly. The most prevalent type of gambling differs significantly by region. In most regions, gambling is a “discretionary” activity, meaning people gamble less in tough times. US gambling demand appears to have plateaued with the … Continue reading

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Wines from Piedmont: Tasting #10: The Lenox Wine Club

Introduction The first 9 blind tastings of the Lenox Wine Club lead me to the following observations: 1. As the economic literature on blind tastings has documented, there appears to be no correlation between wine prices and what people like. … Continue reading

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