3 ms·
Everyone who proudly mentions the fixed pie fallacy usually ignores that a lot of "truths" in economics: a) Make sense only at an aggregate, whole economy, some
by elzbardico 3mo ago
Everyone who proudly mentions the fixed pie fallacy usually ignores that a lot of "truths" in economics:
a) Make sense only at an aggregate, whole economy, sometimes even whole world level.
b) And doesn't happen instantaneously, leading to the famous Keynes phrase: "In the long run, we will be all dead".
c) Are defined in very simplified models and require a lot of premises to hold, for the results to be valid (the also famous: "All else equal").
Also, your examples of help are way more broadly defined than what the parent poster is talking about. It takes a stretch of imagination to classify the fact that people are working for wage to make sure I have water with specific programs that give arbitrary groups some advantage, even when this is done with the best possible intentions.