Comment Comment by Anderkent I guess what I always find unconvincing about these kind of arguments is that they require 0-sum trades, and real world trades are positive sum.I think this is more of a gambling simulation than an economic one.However, even with positive-sum games, the nature of the transaction can have big impact on the wealth inequality. There's a great writeup on that in https://jasoncollins.blog/2020/01/22/ergodicity-economics-a-... parent Anderkent 6 years ago
I think this is more of a gambling simulation than an economic one.
However, even with positive-sum games, the nature of the transaction can have big impact on the wealth inequality. There's a great writeup on that in https://jasoncollins.blog/2020/01/22/ergodicity-economics-a-...