Jack McGillivray, Chapter 9, Question 6

One analogy Wheelan made that I quite liked was contrasting the global economy to sports. In playing a sport one stands to benefit off an opponent's disadvantage or loss. However in the global economy it is advantageous to all for everyone to be doing as well as possible. This is a concept that many people, including myself, don't realize. It is easy to think that if China's manufacturing industry tanks, it will benefit America by providing more manufacturing jobs. however the opposite is true. Because there will be less people able to afford what we produce, American manufacturing will decline as a result. It is somewhat startling to me to think that basic tenets of economics, such as this,  are so widely unknown.