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I have a couple of minor carpentry projects going on. I could finish them quickly if I bought or rented great power tools. I don't want to spend the money thoug
by criddell 3y ago
I have a couple of minor carpentry projects going on. I could finish them quickly if I bought or rented great power tools. I don't want to spend the money though, so I'm using mostly hand tools and manual labor.
- layer8 3y agoMy point is that I wouldn’t say that that labor comes for free. In any case, that triangle would then not apply in a commercial setting, where you have to pay those doing the labor, in addition to it taking time.
- TheCleric 3y agoIt still applies in a lot of circumstances. For example when to buy off the shelf (for $$$$) vs rolling your own solution (which will take longer but could be less money in the long run).
- criddell 3y agoIf for your project, time == money, then you only have two tradeoffs and this bit of wisdom wouldn't apply to you.
- hiAndrewQuinn 3y agoTake this far enough and you end up with something like the Linder Theorem. https://marginalrevolution.com/marginalrevolution/2023/06/the-harried-leisure-class.html https://marginalrevolution.com/marginalrevolution/2023/06/th...