Saturday, October 03, 2026

Economics teacher Elaine Schwartz uses comparative advantage to explain "Why a Monopoly Game Can’t Be “Made in the USA”"

Click here to read her post. It is about a high end company that had to look for American made parts for the Monopoly game it makes after high tariffs were imposed on China. This proved difficult if not impossible because China faced a lower opportunity cost for producing these items. The tariffs made their products more expensive and their sales went down.

Also see my post Comparative Advantage to read about a numerical example of how this works from its creator David Ricardo. 

Here is a cartoon on this from Dilbert:

 

Other related posts:

New book, Monopoly X, about how the board game helped POWs in WW II  

Monopoly (The Board Game) Helped British POWs Escape During World War II

What We See When We Look at Two Centuries of American Board Games (economics was often featured) (discusses who actually invented the Monopoly game) 

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