Ambrose Bierce: Gambling Business

Posted by admin on Monday, December 27, 2010

Funny Money Quotes: Ambrose Bierce saying that we characterize corporate risks as reasonable while looking down our nose on similar risk of gambling. Ambrose Bierce said:
 
The gambling known as business looks with austere disfavor on the business known as gambling Quote
 

“The gambling known as business looks with austere disfavor on the business known as gambling” — Ambrose Bierce

 

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In this quote, Ambrose Bierce is satirizing the hypocrisy of how some businesspeople view gambling versus their own speculative business practices. When he says “the gambling known as business looks with austere disfavor on the business known as gambling”, Bierce is pointing out that those involved in commercial enterprise that involves risk-taking and uncertainty often criticize outright gambling as reckless or foolish.

However, he suggests that business speculation and risk-taking can amount to gambling itself. So the quote portrays a double standard, where people immersed in uncertain business activities that have elements of chance look down upon gambling, even though their own work involves similar risk-taking for potential profit or loss.

Bierce is highlighting the self-righteous attitude some businesspeople take toward gambling despite the similarities in their own risk-tolerant practices.

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