Post Date December, 03 2023
The Financial Times once published an article in which a young woman asked an economist that her boyfriend spent a lot of time dressing up in front of the mirror every day. Although she was also happy that there was a man dressed neatly in her life, it was a little annoying every day.
"Should I tell him not to do this?" asked the young lady.
The economist's answer was unexpected: "Although your boyfriend's personal dressing habit is disturbing, it will bring you economic and aesthetic benefits!"
What if my boyfriend likes to look in the mirror? Most people will think that this man may be too narcissistic and this kind of behavior is too time-consuming. Few people will think about this problem from the perspective of economics.
In fact, economists have long found that good-looking people earn more money!
This may be related to the following reasons: First, discrimination against ugly people; Second, in some jobs, being beautiful is an obvious advantage; In addition, good-looking people may be more confident.
Economist survey confirmed that the time spent on dressing up will significantly increase the salary level, especially for men. They estimate that for every 10 minutes a man spends in front of the mirror, his salary will increase by 6% (it takes 2 to 3 hours for a woman to achieve the same effect).
From this example, we can see that what we usually think is wasteful and meaningless may be considered from the perspective of economics, and the conclusion is diametrically opposite.
For example, a person spent a lot of money on a pair of expensive brand leather shoes. When taking the train home, the window is open near the window. He took out his leather shoes to appreciate and introduced the style and texture of the shoes to his peers. He accidentally dropped a leather shoe out of the window.
Surprisingly, he quickly threw another shoe out of the window.
The people next to him are very confused about his behavior, but from an economic point of view, this person is very smart. He understands the concept of "maximum utility" in economics: a shoe has no effect on any sound person, and a fast train will not stop because of one shoe. The most effective way to use it is to throw the other shoe out quickly, so as not to let a pair of shoes go too far away, so that the convenience can make the person who finds it get the maximum utility. Otherwise, it will not play the role of a pair of shoes.
After thinking from the perspective of economics, we will find that in the past we might regret leaving a leather shoe, but now we will not.
In fact, it is also a good thing to learn to let go at the right time; In the past, we might be worried about our boyfriends' love of looking in the mirror, but now we will encourage them to pay attention to their own image... What was originally a headache can become happy after completing it.
