Feb. 28 – National Public Sleeping Day

GabeBell Ringers, Economics(BR)

Feb. 28 is National Public Sleeping Day.

We all know that we’re more productive when we’re well-rested. For many people, a quick nap can help make up the difference. From an economic point of view, the question is what is the cost. For George, in the video, it is almost getting caught by his boss. He has transaction costs related to the conversion of his desk (and perhaps the loss of room inside his desk for other things). For the person in the subway, an unintended consequence of falling asleep is becoming an internet sensation!

  1. Have you ever taken a nap in public? Describe the experience in terms of opportunity costs.
  2. What were some of the unintended consequences?
  3. If you’ve ever fallen asleep while traveling (a car, bus, or train trip), did you miss your stop? What was the opportunity cost of sleeping? The unintended consequences?

Image Citation:

Man poses next to sleeping women for a picture.  Digital Image.  ViraLuck.  February 19, 2019.  https://viraluck.com/really-tired-people-caught-sleeping-in-public/