Module 6

Brittney McMurray

Module

October 4, 2014

Friedman states free trade by using David Ricardo’s theory which he states, “If each nation specializes in the production of goods in which it has a comparative cost advantage and then trades with other nations for the goods in which they specialize, there will be an overall gain in trade, and overall income levels should rise in each trading country.” When I read about free trading I thought instantly of how it would help our current economy issues. We would be opening up jobs, providing better paying jobs and building up a savings account. Imagine if we had these things happen more often now? Wouldn't you think we would be better off? Do you think we would have a more established society?

What traits does one need to have to be a so called “new middler’? One can get specialized jobs which could be working with an A-list celebrity, or being a neurosurgeon in New York City or even being a big hit sensation like Michael Jackson. They can’t be touched or as he states “untouchable”. He also states about anchored jobs, meaning jobs that are performed in person. Examples could be a plumber or a babysitter. Imagine if everyone had this mindset to get a job like this? Wouldn’t it help our economy our hurt it? I thought if we are all equals in this world would that make the world more equal?

So what does CQ+PQ>IQ mean? Well first let me fix it so it doesn’t look like a math problem (because honestly who likes math?) It means curiosity quotient plus passion quotient is greater than intelligent quotient. When I read about this to me it meant curiosity and passion are obviously greater than intelligent.  I believe passion grows intelligence not the other way around. I think people need to go toward goals more, in this day in age people believe that you need to be Albert Einstein or the highest IQ to have a good paying job.  NO! You’re passion and curiosity can get you just as far or even farther than intelligence. This section hit home with me because I believe I am not the smartest person around. But I have passion for the things I love. I need to use that passion and curiosity to my advantage. If I set my goals straight and strive to be the best I can with the passion I have, the intelligence will just grow as I learn.

In conclusion, when reading these chapters I realized these are things that can make a better world, country, state, city or population. These things can just make us better can make the economy better. Think about if our younger generation develops these skills how the world would be for them? What kind of changes will be made?