Han Mi-nyeo is doing her best to win a spot on a tug-of-war team and tells everyone who will listen, "I'm good at everything except the things I can't do." In a roundabout way, she is discussing comparative advantage. Time is scarce, so there is no point wasting time on things you are not good at. It's best to specialize in the things you do best relative to others.
top of page
Search
Recent Posts
See AllGi-hun's mother is sick with diabetes and her feet may need to be amputated. Gi-hun already has a lot of debt and the family really can't afford to pay for medical care. His mother leaves the hospital
160
The designers of Squid Game have promised the players that the winning contestant will win a lot of money, but they find out that some players (and game staff) have been selfish and done things in the
830
Sae-byeok and Gi-hun discuss what they would do if they won the jackpot. Winning that amount of money would be an example of a pure income effect since their relative wage rate is unchanged. This incr
680
bottom of page