> Wealth creation is a positive-sum game.
Is it though? Even if it were true in aggregate, which I'm not ready to grant, there are clearly individual losers in the the "wealth creation" game.
Is it though? Even if it were true in aggregate, which I'm not ready to grant, there are clearly individual losers in the the "wealth creation" game.
When you gamble money there are winners and losers. When you create something that creates wealth.
Of course, because the tree has no value, right? As long as you call things you don't care about "externalities" you can trivially prove anything is a positive-sum game.
And I'm with you, I actually dislike the word "externalities", it smacks of calling employees "resources".