Russell Josephson 
Member since Feb 22, 2016


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Re: “Opinion: This land is our land

I was bemused by this article in the Colorado Springs Independent about the proposed land swap between the city and the Broadmoor. The author's argument is that it HAS to be a bad deal for the city, since the Broadmoor wants it. In fact, when a free trade is made, both of the traders come away better off. Exchange actually creates wealth, as a simple exercise conducted in many basic economics classes shows.

http://humanprogress.org/blog/1500-dollar-sandwich-illustrates-exchange-raises-living-standards

1 like, 6 dislikes
Posted by Russell Josephson on 02/22/2016 at 10:17 PM

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