Malcolm Video Thoughts

I thought the video that Malcolm Gladwell spoke in was out right breath-taking.  He really knew what he was talking about he explained Economics in a way that many would never even think about unless you were to see his video. The main reason he was so effective in describing economics was because he related it to something that us as people can relate to.  He made it easy for us to understand  and thats what i think makes it the most effictive description of Economics out there.  I would highly and certainly recommend it.  This would be an example of Perfect Competition because not every aspect of competition is based solely on price.