The Heckscher-Ohlin Model is one of the foundations of International Political Economy. It holds that a country tends to export goods that match its factor endowment. For example, a capital-abundant country, like the United States, exports capital-intensive goods, like Boeing 7E7s. While a labor-abundant country, like China, exports labor-intensive goods, like lead-frosted baby teething rings.
But what if we applied the HO Model to Interpersonal Political Economy? I find that my personal factor endowment is that I am cynicism-abundant. Were I not so devoted to autarky, I would export more of this cynicism. I would rain on others' parades whenever possible. However, given the fact that I am a relatively closed economy, I do the bulk of my parade-raining on my own self.
So: what are your personal "abundant factors?" And do you export them?
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2 comments:
Chris,
This is definitely true. With two kids in nursery school, I live in a "germ abundant" environment, and my co-workers can attest to the fact that I definitely am a net exporter of germs more than any other commodity, intellectual or physical.
Probably not what they had in mind, but still proves their point.
Alex
Hello!
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Joe
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