Re:Why Aren’t Rich People Happy With the Money They Have?
by MockObject on Monday December 10, 2018 @04:01PM
(#18651137)
> The basic idea being that as currently set up, economics means that it is a zero sum game. In terms of money, either I have the 100 dollars or you have 100 dollars, we cannot both have the same 100 dollars.
It's a common misconception.
A voluntary exchange of, say, a loaf of bread for $5, occurs when the seller values the $5 more than the loaf, and the buyer values the loaf more than the $5. After which they've both increased their total value.
It's a common misconception.
A voluntary exchange of, say, a loaf of bread for $5, occurs when the seller values the $5 more than the loaf, and the buyer values the loaf more than the $5. After which they've both increased their total value.