22. One Man’s Profit Is Another Man’s Loss

This is a very short essay from Montaigne, and it makes a point that business transactions are a zero sum game. No one attains wealth, according to Montaigne, unless someone else is losing it. Economists would disagree with Montaigne’s assessment, in part because it turns economics into something entirely dismal, filled with winners and losers … Continue reading 22. One Man’s Profit Is Another Man’s Loss