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!!Q11PG81nz2n 02/06/12(Mon)23:55 No.4338454 File1328590502.jpg-(167 KB, 800x536, ithaarestaurant.jpg)
The
notion that things must be done either for fun and at a total loss or
in the dullest manner possible for maximum financial gain is a false
dichotomy. There's a third way.
Is Disneyland frivolous? Yes. Is
it uneconomical? Absolutely not. It's able to continue operating because
of the money it brings in. People are frivolous. They have frivolous
wants, and they will pay to have those wants satisfied.
Was
there some resource in Las Vegas that we needed? Was there a shortage of
land elsewhere? Neither of course. It was ambitious, larger than life, a
dream made real. But if you build it, they will come, and eventually it
had enough of a local economy that now lots of people live there full
time. It's not just a tourist attraction, it's a true city. This is a
rare approach and difficult to pull off, but it happens.
Hawaii
is another good example of this. Yes we had a military base there, but
we also have bases in Afghanistan, none developed into US cities.
Rather, it gained exposure as a beautiful, idyllic tropical paradise due
to returning servicemen who had been there and it created a demand for
resorts. Soon the resorts were numerous enough that people moved to
Hawaii and lived there fulltime while working at them. Wealthy patrons
who visited these resorts had the money and means to develop parts of
Hawaii into places they could live full time and did so. Where money
goes, business follows, and soon the middleclass lived there as well
working in businesses that met the needs of the wealthy. So on and so
forth, eventually Hawaii became more than a novelty, more than a
frivolous vacation destination. Now it's a state, full of cities, people
live there full time. |