Zero-Sum Fallacies

Karlgaard, Rich
July 2007
Forbes Asia;7/23/2007, Vol. 3 Issue 13, p16
The article discusses examples of economic fallacies. The most recent is the belief of some politicians that private money has screwed America which, the author says, is not the case. In late June 2007, Congressman Sander Levin took the zero-sum fallacy further when he introduced a bill that would end the 15% cap gains tax preference for most private partnerships.


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