Difference between revisions of "Positional Goods"

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[[Category:Economics]]
 
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[[Category:Deadweight Losses]]
 
{{DES | des = Positional goods are a zero sum game, and the more who participate in the game the more wasteful it gets.  Luxury taxes can redistribute part of the wasted wealth to better purposes which are not zero sum. | show=}}
 
{{DES | des = Positional goods are a zero sum game, and the more who participate in the game the more wasteful it gets.  Luxury taxes can redistribute part of the wasted wealth to better purposes which are not zero sum. | show=}}
 
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Latest revision as of 19:21, 1 April 2014