> > relative wealth is a zero sum game.
> How do you reckon?
... Basic mathematics? By definition, there's only and always 100% of the current-wealth to subdivide. Never 101%.
Your gain of +1% always means -1% somewhere else.
Re:Economics Simulation
by reallydontknow2 on Monday January 25, 2016 @04:09AM
(#10966264)
What is your operational definition of wealth?
The key word here is "relative", not "wealth".
Wealth can be created or destroyed. Relative wealth has to operate in a sea of transactions that can either create wealth, destroy wealth, or, very rarely, maintain wealth.
In such a frothy environment how does the wealth of one entity hope to balance against all other wealth?