Against all odds, generally speaking

townhall.com ^ | February 13, 2005 | Paul Jacob

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Well, Nevada was the first gambling state, and the argument for legalizing gambling comes straight from the freedom of contract. Even a contract as one-sided as between a gambler and a casino is still a contract. If you want to risk your money for a trivial reason, go ahead — it's your money; just don't make me risk mine.

But at the University of Nevada, Las Vegas, such a respect for the right to contract — and thus speak — apparently doesn't apply to college professors.

Professor Hans-Hermann Hoppe was explaining to his banking class one day what "time preference" was. If one has a high time preference, one plans less for the future, preferring to spend money now rather than save for it later. A person with such a time preference would be more likely to smoke, less likely to invest, more likely to climb mountains, less likely to buy health insurance, more likely to drink alcohol and drive . . . or be promiscuous.

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This is the case where ACLU has threatened to sue the UNLV because the professor discussed the time preference of homosexual.