Wednesday, July 28, 2010

Stern impassioned stress

One phrase in the song, America the Beautiful, by Katherine Lee Bates uses the words “whose stern impassioned stress a thoroughfare of freedom beat” to describe the path the feet of the pioneers made crossing the wilderness to the west.

Monday, July 12, 2010

My philosophy

Below is a part of my philosophy of life. You don't have to actually answer the questions. Just read it and you'll get the point.

Saturday, July 10, 2010

The Abilene Paradox

Sometimes, in our family, we decide to do something that is agreed upon by all concerned, but seems to be a less than optimum use of our time and resources. At those times, one or more of us might say, “Is this an Abilene Paradox?”

Opportunity cost and agency

I learned in Economics 101 about the concept of opportunity cost. In general, economists define the "opportunity cost" of any good or service as the value of all the other goods or services that must be given up in order to produce that good or service – a cost that can be unimaginably great.