Tuesday, January 03, 2006

Cafe Hayek on Monopoly

Russell Roberts has a fun post on the game of Monopoly and the bad economics which it teaches. He correctly argues that the board game wrongly offers a zero-sum view of the world, and it denies the creativity and choice that are an integral part of the market economy. I couldn't agree more. In fact, Ben Powell and I wrote a paper on this topic for the June 2004 issue of the Free Market Newsletter. Check it out.

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