38 sats \ 2 replies \ @7e6e393a56 25 Oct \ on: Exchange is Not a Zero-Sum Game econ
the economy is not a zero-sum game, since throughout the process of producing goods and services we are generating wealth: whether when we investigate how to convert things into goods, when we actually convert things into goods, and when we distribute the goods through commercial exchanges
I think most people get the idea of economic growth through transforming scarce resources into things people use, if they think about it.
The real magic, that's hard for people to understand, is economic growth through transactions of produced goods.
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I think they get this because they are doing it everyday on every exchange they make.
If not, it is fairly easy to explain to them.
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