Some Transactions Are Zero Sum

“But only redistributive processes are zero-sum games; protective tariffs, mortgage subsidies, and armed robberies all transfer wealth forcibly from one person to another. Economic transactions are voluntary exchanges, which means that both parties perceive themselves as benefiting. A given economic transaction is zero-sum only if one party has miscalculated or been deceived” (Herbert Schlossberg, Idols …

And It Encounters a Lot of Realities

“Envy cannot be assuaged any more than cancer can be; they are both pathologies whose very being requires expansion to their neighbor’s territory. There is no fence that will ever be respected, no limitation that will be recognized as legitimate, no sense of proportion or humility sufficient to smother a sense of inferiority. By its …