Saturday, August 25, 2007

econo-mix

so a book on Project Management actually costs around $144/- and a 12-month Playboy subscription with a free gift costs all of $12/-.. exactly one-twelfth!!


if there ever was a reason to get your kid to become a writer and not a porn star then this has gotta be it!

surprisingly enough though, this flagrant disparity can be easily explained by economics, and the theories of supply and demand

making a few very general assumptions that the supply of paper is consistent for both publications, and that there is just one basic demand curve for buyers of both erotica and textbookotica.. then you can see that the price of the Playboy is driven down by the sheer numbers of people who buy it, as opposed to the masochistic few who choose to inflict personal mental pain by purchasing and then actually perusing (as opposed to using as a paperweight) the textbook shown above.. and their small numbers then proceed to bump up the price of the book..

lesson for the day? let your kids choose to be either writers or porn stars, eventually they will make the same amount of moolah.. what you really want them to become is analysts and consultants, people who make money by telling you what to do with your money.

PS - they could become lawyers as well, but wouldn't you like them to have at least a shred of dignity?

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