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by mistermann
2145 days ago
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> Immediately, the author assumes that everyone is playing a zero-sum game Is it not true that when the books are balanced at the end of a period, wealth resulting from economic activity within the period ends up distributed among the public such that not every person does not end up with an identical amount? If so, is it possible to state this without simultaneously believing that economics is a zero-sum game? |
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A zero-sum game is one in which no strategy changes the amount of wealth available. There are clearly strategies that create or destroy wealth. Therefore, it's not a zero-sum game.
(This does not imply that every player has ever-increasing wealth each turn.)