https://padlet.com/21rtran2/i6db6rw7kd8opse6 Made with good vibes en-us 2021-02-12 02:21:23 UTC 2024-12-16 15:07:50 UTC hello@padlet.com 21rtran2 https://padlet.com/21rtran2/i6db6rw7kd8opse6/wish/1195191893 An economist, Thomas Sowell, once said, "There are no solutions, only tradeoffs,". Gaming is presented with a tradeoff of being outdoors, but not in this case!

This image can be a metaphor to how there are always opportunity costs in making a decison, like choosing a command or free market economy.  Command economies have less inequality, higher employment, but tradeoff for lower production efficiency and innovation is restricted. Market economies have higher effciency, private property, and are fueld by self interest, but suffer from wage inequality and lack of care for the poor. This meme can also relate to command economies, being trapped inside a metaphorical house,  and to market economies, being in the free outdoors. The people in this meme, are can be a combination of both free and trapped. Free in the outdoors, but trapped in a video game, like how economies are a mixture of both command/free market.]]> 2021-02-12 02:31:26 UTC https://padlet.com/21rtran2/i6db6rw7kd8opse6/wish/1195191893