Episode 126: Diminishing return

Diminishing return is an episode that focus’s around a point of obsession. That area is based around people who too much of something, which throws their life plan out of balance.

For example, think of a student who studies for a job. Once they get the qualification, they then feel that perhaps they should do some more study to stay ahead of the game. Then, after they finish that course, they enrol in another and then another and so on. Now they are in a phase of diminishing return.

In the field of economics, diminishing returns has a different meaning which is, s the decrease in the marginal output of a production process as the amount of a single factor of production is incrementally increased, while the amounts of all other factors of production stay constant.

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