Sunday, March 15, 2009

Zero-Sum Revisited

The shrieking of fools like James Glassman and Larry Kudlow temporarily made the whole idea of zero-sum economic games rather unfashionable. Here is a very good article explaining it's continung relevance and why, in reality, it ends up being a little worse than zero-sum. Oh, by the way, this guy actually makes his clients some do-re-mi. Talk about unfashionable.

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