Life on the PPC

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I've come to the conclusion that while school is superficially beneficial, it stifles free thought. It's gotten to the point where sleep deprivation is actually significantly constricting my idle thinking and pushing my thought experiments out the window. How ironic it is that I have about 100 pages of reading to do for economics this weekend. So, let me explain the dilemma in economic terms. Right now, I'm producing on the PPC (or very close to it), and it's not adequate to comfortably produce the required output. I could forego current consumption in favor of capital formation (sleep, which would improve future productivity), thereby pushing out the PPC and allowing for more comfortable production in the future. However, doing so would require not meeting the required output for a short period of time, which is unacceptable. Unfortunately, my personal sleep economy experiences what one might call PPC-shrinkage: sleep deficits accumulate and cause the PPC to be pushed inward. Thank god that real economies only have things like unemployment and recession to deal with.

3 Comments

Me said:

100 pages of reading for economics??? Please explain.

I recommend going to sleep sooner and agree that school stifles free thought. Is free thought good or bad?

Colin said:

Yeah, what 100 pages do we have?

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This page contains a single entry by Adam Anderson published on February 25, 2005 10:59 PM.

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