Brewster's Millions    


BY CHRISTOPHER NULL / November 25, 1985


 

Cast & Credits
Monty Brewster: Richard Pryor
Spike Nolan:
John Candy
Angela Drake: Lonette McKee

Directed By Walter Hill
.
Written By
Timothy Harris.

Running Time: 97 Minutes.
Rated G.

"I'm gonna do to you what my daddy did to me. I'm gonna teach you to HATE spending money. I'm gonna make you so sick of spending money that the mere sight of it will make you wanna throw up!"

- Great Uncle Rupert Horn

Montgomery Brewster's billionaire great-granduncle has died and left him a choice of inheriting $1 million or $300 million.  Sounds like a simple choice, but there's a catch:  to qualify for the $300 million, Monty has to spend the $30 million in thirty days--and have absolutely no assets to show at the end of the month without destroying, gambling, or giving away the money.  It seems the old man wants to teach Monty a lesson about wealth, and cause him to grow so thoroughly sick of money that he'll never be tempted by excess again.  To make things even more complicated, as a condition of the will, he can't tell anyone why he's squandering his inheritance or he'll lose the remainder. Brewster's predicament is an excellent illustration of the economic concept of opportunity costs, and the idea that there's no such thing as a free lunch.  Monty's decision whether to give up a sure thing and risk losing it all against the possibility of a greater gain in the future is an apt metaphor for every economic investment decision.

ASSIGNMENT

Look for examples of each of these economic comcepts from the excerpt:

Economic Choices
Opportunity Cost
Rational Behavior
Cost-Benefit Analysis
Long Term Thinking (Investment Behavior)
Imperfect Information
Marginalism
Capital  Goods
Consumer Goods

What would you choose: the $1 million now, or spending the $30 million in 30 days with the possibility of getting $300 million later? Why?
 


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