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A comment on Peter Norvig's Economic Simulation (2018). Parent comment

Re:Peter Norvig's Economic Simulation (2018) by scottmsul on Saturday February 22, 2020 @01:32PM (#22392487)
This is incorrect. You agree to trade because you value the food (and eating the food) more than the money. The store agrees to trade because they value the money more than the food. Each side is more satisfied after the trade than before. Hence it's non-zero sum.
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Re:Peter Norvig's Economic Simulation (2018) by XuMiao on Saturday February 22, 2020 @02:53PM (#22392947)
If they don't buy it from the store, they have to make it themselves. Everybody are satisfied in the transaction because they played well on this trivial zero sum game instead of falling into a negative sum swirl.

By the way, economic concepts are statistics. Arguments are only meaningful on large number of samples or over long period of time.

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Re:Peter Norvig's Economic Simulation (2018) by sjg007 on Saturday February 22, 2020 @02:43PM (#22392884)
It’s not... see https://www.google.com/amp/s/www.thestreet.com/.amp/politics...
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