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	<title>Money Hacks &#187; zero sum game</title>
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		<title>Wealth-Building Wednesday &#8212; July 8, 2009</title>
		<link>http://money-hacks.com/1107/wealth-building-wednesday-july-8-2009/</link>
		<comments>http://money-hacks.com/1107/wealth-building-wednesday-july-8-2009/#comments</comments>
		<pubDate>Wed, 08 Jul 2009 19:55:49 +0000</pubDate>
		<dc:creator>billspaced</dc:creator>
				<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Editorial]]></category>
		<category><![CDATA[Invest]]></category>
		<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Wealth-building Wednesday]]></category>
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		<category><![CDATA[wealth]]></category>
		<category><![CDATA[wealth creation]]></category>
		<category><![CDATA[zero sum game]]></category>

		<guid isPermaLink="false">http://www.money-hacks.com/?p=1107</guid>
		<description><![CDATA[This is the &#8220;Dog Ate My Homework&#8221; edition I&#8217;ve been burning the candle at both ends lately, what with my job winding down (amazingly, it winds up before it winds down, having to train my replacements), a big vacation planned &#8230; <a href="http://money-hacks.com/1107/wealth-building-wednesday-july-8-2009/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>This is the &#8220;Dog Ate My Homework&#8221; edition <img src='http://money-hacks.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>I&#8217;ve been burning the candle at both ends lately, what with my job winding down (amazingly, it winds <strong><em>up</em></strong> before it winds down, having to train my replacements), a big vacation planned for August (while I still have money, a car, and a house &#8212; hehe), and 2 kids that are growing up <em>way too fast&#8230;</em></p>
<p>So, like any good student (of life), when the chips are down, you missed your assignment, you&#8217;re in danger of failing an exam &#8211;</p>
<p style="text-align: center;">You CHEAT</p>
<p style="text-align: left;">Actually, this week, I&#8217;m taking a pass. We&#8217;ve been talking about how to build wealth, how to brainstorm business ideas, and how to get started.</p>
<p style="text-align: left;">We&#8217;ll pick up on that next time around.</p>
<p style="text-align: left;">This week, I want to direct you to a post that one of my fellow Personal Finance bloggers, Lazy Man, wrote, entitled, &#8220;<a title="Wealth Creation: Is it a zero-sum game?" href="http://www.lazymanandmoney.com/wealth-creation-is-it-a-myth/" target="_blank">Wealth Creation: Is it a Myth?</a>&#8220;</p>
<p style="text-align: left;">He postulates that wealth creation is a zero-sum game: Any time I make a dollar, somebody loses a dollar; thus, it&#8217;s a zero-sum game.</p>
<p style="text-align: left;">It&#8217;s an interesting concept. His post got a lot of people talking. Make sure you read the <a title="Comments" href="http://www.lazymanandmoney.com/wealth-creation-is-it-a-myth/#comments" target="_blank">Comments</a> for my take on the question, where I give the &#8220;functional&#8221; reason that wealth-creation is NOT a zero-sum game (Lazy Man mentioned it briefly in his post) &#8212; but absent banks, there may in fact be no wealth creation.</p>
<p style="text-align: left;">Check it out. Tell me what you think in the comments here.</p>
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