Thursday, October 9, 2008.

yeah. sometimes i have to say economic theories work SOO beautifully in this world.

think about it. is it more beneficial for one person to study ss alone, and make 1 set of notes just for himself? or is it better if he makes that set of notes and starts circulating it around, and in the meantime putting pressure on other people to release their notes as well?

that's the whole concept of free trade.

when gatt came around it was precisely for this purpose: to raise world trade levels. just by one country lowering tariffs, it started a chain of events leading to the gain in trade. whoever gives, gets back more.

it's just so beautiful right?

but of course there are the anti-traders who tariffs their imports. what happens? according to the theory of comparative advantage, that country cannot afford to diversify, no matter how skilled the country is. so in the end, the country suffers from a lack of economic growth because of the lack of specialization.

isn't it just the same in this world too? the people who don't help don't get helped.

and that's why i love my class. ever since i sent the 1st email with notes, i have received (to date) at least 15 emails, nearly all with notes on ss alone. maybe the demand for them is so high, since we hardly had any supply.

anyway it's nearing the killer week no. 2. and tonight i will be lucky if last year's ss mark doesnt get into my cranium and haunt me.

a free 4.0 flying away just because of 1 question and 1 wrong interpretation. it flew away when i had it in my hands.

so it still hurts.

and i hope my worst enemy doesn't cause me to die.

MY HANDWRITING.

sounds stupid eh? but strangely it is my weakest link for tmr. my handwriting, scanned into the comp, registers weird greek, arabic and korean language alphabets in them.

but nevermind.

all the best, and may free trade, mncs and globalization win.

Labels: Life, school