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Opportunity cost – Gangnam style!


Image from guinnessworldrecords.com

Image from guinnessworldrecords.com

You have probably heard of Gangnam Style, – if not click here. Anyway, it broke Youtube’s counter in December and now has over 2.1 billion views. The video runs at just over 4 mins, which is 140 million man hours. Some writers at the Economist took a nice angle on Gangnam Style – the opportunity cost of us all watching it. You can read their post here, but can you believe we could have built 20 Empire State buildings, built 3 aircraft carriers or written the entire contents of wikipedia 1.5 times. It’s certainly an interesting take on the time we could have used to do better things.

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About martinjquinn

I am an accounting academic, accountant and author based near Dublin, Ireland.

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