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> Domestic US advertising is almost zero sum, anyway, because Americans are spent out. All advertising does is move consumption around a bit. This is only true
by seizethecheese 3y ago
> Domestic US advertising is almost zero sum, anyway, because Americans are spent out. All advertising does is move consumption around a bit.
This is only true when productivity between firms is constant. Advertising helps direct consumption toward more productive firms.
- ramraj07 3y agoNo one said ban advertising, just penalize excessive spending on them.