« Charles Hugh Smith, Hits It Out Of The Park With These Articles.
What Is Tyranny? The President Should Know The Definition. »

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. 101

This entry was posted on May 8, 2013 at 12:22 am and is filed under Econ. 101. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: , , , ,

You can comment below, or link to this permanent URL from your own site.

One Comment on “Walter E. Williams, Voluntary vs Involuntary Exchange, or Seduction vs. Rape.”

  1. Unknown's avatar Price Versus Cost | Flyover-Press.com Says:

    May 13, 2013 at 8:21 am

    […] Walter E. Williams, Voluntary vs Involuntary Exchange, or Seduction vs. Rape. (austrianaddict.com) […]

    Reply

Leave a reply to Price Versus Cost | Flyover-Press.com Cancel reply