On Oct. 13 President Bush signed into law the Unlawful Internet Gambling Enforcement Act, a measure restricting Internet gambling.

“This measure, which requires financial institutions to block credit card and other payments to Internet wagering businesses, is an infringement on our rights,” said Dr. Yaron Brook, executive director of the Ayn Rand Institute.

“Gambling, when practiced responsibly, can be a totally legitimate form of entertainment. The government has no right to prohibit adults from doing it–on the Internet or anywhere else–and no right to prohibit businesses from offering gambling opportunities to potential customers.

Cartoon by Cox and Forkum.

“Why do supporters of the law deny individuals the freedom to spend their hard-earned money on gambling? Because, they say, people will bet and lose more than they can afford. In other words, individuals are inherently incapable of making rational decisions, and thus it is the government’s job to protect us from ourselves. This vicious, paternalistic idea has no place in a free society.”

Voice of Capitalism

Capitalism news delivered every Monday to your email inbox.

You have Successfully Subscribed!

Pin It on Pinterest