The Art of Tetman Callis

Some of the stories and poems may be inappropriate for persons under 16

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Zero-sum, but not a game

January 17th, 2014 · No Comments

“It would clearly be desirable if the only actions performed were those in which what was gained was worth more than what was lost. But in choosing between social arrangements within the context of which individual decisions are made, we have to bear in mind that a change in the existing system which will lead […]

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Tags: Economics · Politics & Law · R. H. Coase