Walter E. Williams, Voluntary vs Involuntary Exchange, or Seduction vs. Rape.
Walter E. Williams explains, as only he can, the difference between voluntary and involuntary relationships and exchanges. Voluntary exchanges are positive sum games where both parties in the exchange benefit, otherwise the exchange wouldn’t take place. Involuntary exchanges are zero sum games where force is used to benefit one side at the expense of the other.
Related article, Walter E. Williams Talks About The Role Of Profits And Losses, at austrianaddict.com.
Related article, Compassion Versus Reality, by Walter E. Williams, at creators.com.
Explore posts in the same categories: Econ. 101Tags: Creators Syndicate, Involuntary Exchange, Voluntary Exchange, Walter E. Williams, Zero Sum Game
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AUSTRIAN ECONOMICS ADDICT 
May 13, 2013 at 8:21 am
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