What Is Your Comparative Advantage?

You should ask yourself this more.

“[A] comparative advantage in an economic model is the advantage over others in producing a particular good. A good can be produced at a lower relative opportunity cost or autarky price, i.e. at a lower relative marginal cost prior to trade.”

Most people do not think about comparative advantages enough.

If you’re now thinking about your comparative advantage, then you’ve just gained at least one comparative advantage on the majority of the world.

Now, try to find the others (ask some friends, family, or coworkers you’re close with if you can’t think of anything at first) and exploit these comparative advantages to do outsized good, useful things for the world.