4 ms·
So, you are saying that even though the current game is zero-sum, at some future point in time, we can consider it not zero-sum? How does this not violate seve
by jsprogrammer 11y ago
So, you are saying that even though the current game is zero-sum, at some future point in time, we can consider it not zero-sum?
How does this not violate several laws of conservation?
- davidw 11y agoNo, I'm saying you're very confused about the generally accepted meanings of those terms in economics. The very meaning of 'game' implies one or more moves by each player. A photo of a chess board does not a chess game make, in other words. > How does this not violate several laws of conservation? That's physics, not economics. We're not talking about the total mass or energy or something in a system. Physics does not care if an apple tree produces apples for people to eat; people do.
- jsprogrammer 11y agoDid economics somehow escape physics? The economy is exactly the transference of mass and energy in a system. The size of the game may increase over time, but that doesn't mean the sum of all transactions is not still 0. Maybe you could supply a definition of what you are talking about?