Taxes and the Nash Equilibrium, and Why the Social State Consequently Blows

Now, the idea of the Nash equilibrium is that by altering one’s own behavior from maximizing for yourself regardless of the strategy of others, you can get a solution that is better to everyone. Compare this to a soccer match. If both teams play against each other, they have to run around like idiots for 2 * 45 minutes, eventually possibly having one team or the other score more goals. If they just agree that soccer sucks (it’s almost part of the name anyway), and go out for a couple cold ones, they both get a draw, but have instead a nice time for an hour and a half. […]

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