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Pragmatic Buddhism is about adhering strictly to the eight precepts, practicing meditation regularly, developing insight into the nature of being, and maintaining a kind and compassionate attitude towards other living beings.
It is pragmatic, because it focuses on the core of the teachings of the Buddha and ignores the mysticism and esotericism that is often linked to Buddhism in these days. You do not have to believe in the wheel of existence, rebirth, altered states of consciousness, or miraculous powers. In fact you do not have to believe anything. Just try it and see for yourself.
It is also pragmatic, because it views meditation practice as a skill to learn and develop, and not as something mythical or magical. Subsequently, there is no such thing as a sacred teacher-disciple relationship, lineage, or "transmission of dhamma". Of course, like in every activity, sometimes it makes sense to ask someone who is more experienced.
There is also some pragmatism related to the 10th precept, which would forbid you to receive money. This is obviously not viable unless you are living in a monastery. Money should be viewed as nothing more than a means to cover basic needs, though.
Pragmatic Buddhism is a sane and reasonable way to live your life in a world where agitation, aggression, and competition are the norm, being attentive and compassionate is considered a weakness, and all kinds of mystic beliefs are held in order to compensate for the madness.
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