Sunday, July 22, 2012
Technology and the PPF
When I visit my mom, my wife and I are always in a hurry since time is scarce. We always say we would like to try Dunkin' Donuts Coffee, but we don't want to stop. To us, stopping to drink coffee would ruin our schedule which is timed to the minute.
Now, with the Keurig Coffee Maker we can sample the coffee at home when time is less constrained. Technology has allowed me to consume outside of my PPF. Technology also has brought books to me on my Kindle so that I don't have to visit a bookstore, movies to my laptop through Netflix, and information to me as fast as my fingers can type. I believe that technology shifts the PPF to the right.