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Walter Williams and James Buchanan - Zero-sum Demagogues

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Uploaded on Mar 25, 2011

In this exclusive Free To Choose Network video, George Mason University economics professors Walter Williams and James Buchanan (Nobel Laureate) discuss the zero-sum fallacy of wealth creation (and the demogoguery that's built upon it). They wonder how you can teach people the basic insight that wealth has to be created -- that is, that riches can only come into existence if people serve each through productive effort and exchange.

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