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You missed the part where it’s not a zero-sum game. If you’re interested in the economic concepts behind why an economy is a positive-sum game in an open system
by Denzel 3y ago
You missed the part where it’s not a zero-sum game. If you’re interested in the economic concepts behind why an economy is a positive-sum game in an open system, look up: production possibilities frontier (PPF) and comparative advantage.
An economy would become zero-sum if we ran up against the limits of the universe. Until then, rest assured that opportunity can grow for both sides in a transaction.
- chii 3y agoThe whole economy is indeed nonzero sum, but the topic is not the entire economy, but allocation of limited dollars between different groups. It is zero sum here in this limited context.
- mcv 3y agoInvesting in education has a very high ROI. Investing in better education in poor neighbourhoods will actually save you money in the long run. The fact that that is not happening is what's really hurting people.