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Economic Lessons from the Olympics | Richard W. Rahn | Cato Institute: Commentary: "Civilization can only advance when individuals are both encouraged and rewarded for excellence. "
"We pay our successful athletes and musicians a great deal of money because their performances "give" us great pleasure. Sam Walton made tens of billions of dollars because he developed and "gave" us a superior marketing and distribution system that enabled all of us to buy tens of thousands of products at lower prices. Those "evil" real estate developers are the ones who take great risks to build hugely expensive buildings and hire great architects who "give" the rest of us the profile and structures of the cities where we live and work."
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