finances on Assumptions

Many economic fallacies are due to conceiving of economic activity as a zero-sum contest, in which what is gained by one is lost by another. This in turn is often due to ignoring the fact that wealth ...

A traveler, between flights at an airport, went to a lounge and bought a small package of cookies. Then she sat down and began reading a newspaper. Gradually, she became aware of a rustling noise. Fro...