Categories
Labor Principles

Outsourcing a Task

There’s a big mess in the backroom, but Mateo is on the phone trying to secure Celine Dion tickets. Garret tries to recommend hiring someone from an app to wait in line for Mateo, but Mateo reverses it and suggests that the two of them hire someone to clean the mess for them. They are outsourcing their jobs to someone who is willing to do the job for less while they focus on the things they want to do.

Categories
Principles

Opportunity Cost of Surrogacy

Glenn and Jerusha are having trouble finding a surrogate for their next child, but Dina becomes very interested. She considers that $20,000 is roughly how much money she earns in a year and begins pondering the things she would spend the money on. Dina and Glenn don’t get along, so they go through the effort to make it seem like they aren’t really interested, but both see the opportunity to exchange cash for surrogacy.

Categories
Principles

Black Market Medication

After coming down with an ear infection, Mateo reaches out to the pharmacist to see if he can get some medicine to help. He doesn’t have enough money to get a prescription, so he’s hoping he can bypass that system and go directly to the pharmacist. Tate subtly emphasizes that pills get miscounted all the time, implying that he can sell Mateo some drugs in exchange for cash. Black market transactions are hard to track, but they still represent an economic transaction where one person has something that another covets.