Tuesday, May 31, 2005

Opportunity Cost

Opportunity cost is defined as the cost of writing off the second best alternative. For example, if you have money enough to either afford a dinner or a visit to the movies, then choosing to dine entails the sacrifice of the pleasure of watching a movie. This pleasure, then, is the opportunity cost of choosing to dine over going to the cinema.

Nothing, nothing at all, drives home the concept of opportunity cost as watching all those pretty women on Fashion TV.

However, attempting lousy diplomacy, I emphasize that opportunity cost is still about the second best alternative.

Tuesday, May 10, 2005


Begin post:
I generated the Fibonacci series using Python this morning. Just two basic observations:

  • I enjoy writing code, when I am not being paid for it.
  • I haven't improved since first semester; its been seven years since. My basic logical faculties remain rather basic.

Should you decide to leave a comment or two on this post, please begin with either:

  • # or,
  • /

End post: