re: #171 Targetpractice

Donny is a zero-sum kinda guy, that’s been obvious for a good long while. So in his mind, if Americans can’t travel because of worry over a viral pandemic or do business in foreign locales, then the US can only benefit because those dollars will be spent here instead. The idea that people will just sit on their money because they can’t spend it in Italy or buy products from China is totally lost on him.

his economic theory is naïve 17th century mercantilism, which calculates the “wealth” of a country by how much gold it has sitting around in piles

this is the view of the economic world that adam smith overthrew