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What Made Classical Greece Special? Interview with Professor Josiah Ober

Tides of History

NOTE

Fair Exchange Fosters Wealth

Engaging in competitive interactions in economic exchanges is not a zero-sum game; rather, it's a positive-sum situation where both parties aim to secure the best deal. When both sides negotiate effectively, they can reach an agreement that feels fair to each party. This perceived fairness leads to a shared benefit, resulting in the generation of wealth through the exchange, as both individuals gain from the transaction.

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