Add Yahoo as a preferred source to see more of our stories on Google. Zero-sum thinking, the mentality that one person’s gain must come at the expense of another person’s loss, has dominated business, ...
To paraphrase (again) the British politician and historian Thomas Babington Macaulay: People always think that life has been improving — up until their own time, that is. Somehow they don’t expect ...
In the 1987 Oliver Stone classic Wall Street, Michael Douglas’ role as the brazen corporate raider, Gordon Gekko, not only won the actor an Oscar for his performance but iconized his character as the ...
A zero-sum mentality, where one person's gain is another's loss, hinders progress and cooperation. Shifting to an "abundance mindset" fosters collaboration and mutual benefit, like investing in ...
One idea unites the left and right lately: a zero-sum view of the world. Unfortunately, nice as it would be to hail a rare instance of ideological harmony, both sides are very much mistaken. Perhaps ...
Do you think about the world as “zero-sum,” where resources are limited and my gain is your loss? Or do you believe that resources are plentiful and we all can benefit from one another’s success? The ...
Patricia Andrews Fearon and Friedrich M. Götz from Stanford University and the University of Cambridge have published an important article entitled “The Zero-Sum Mindset”, in which they present the ...
I’ve been reflecting lately on the term “zero sum game.” It’s one of those phrases that gets thrown around often in business, particularly in negotiations. The idea is simple: in a zero-sum game, one ...
What is the real reason behind Trump’s punitive tariffs? Two beliefs that have frequently wreaked havoc in the past. Throughout history, absurd economic theories have repeatedly caused immense damage.
Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...