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I saw the headline for this op-ed--"The World's Worst Disease"--and thought, AIDS? No, too obvious. Poverty? Yeah, that's probably it, an unoriginal Liberal metaphor.
Boy, was I wrong. Rich Karlgaard argues that it's the idea that wealth is a zero-sum game.
Nicely done.
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Rich Karlgaard makes his nomination for the world's worst disease: thinking about wealth as a zero sum game. The idea takes its name from the concept that in a two player situation, if A loses out then B must win... [Read More]
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Great post, thank you! This is one of the basic ideas that is so hard to overcome when debating economics with people.
Chris
http://amateureconblog.blogspot.com/
Posted by: Christopher Meisenzahl | November 29, 2005 at 08:56 AM
wats the worst disease?
Posted by: brandon | April 19, 2007 at 08:19 PM