opportunity cost

Welcome to the 'opportunity cost' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'opportunity cost'.

Latest blogosphere posts tagged “opportunity cost”

• Something on the Light Side...to Make Us Think

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  Heres something light to start off the weekend. Thats one way to reform Social Security, although it sounds like the old idea of "we have children to secure our old age." I posted on some research about that recently.
  6 days ago

• Subsidized Risk

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  I ran across this opinion piece  in todays issue of The Wall Street Journal. I think it does a very good job of explaining how institutions introduce moral hazard to the larger system. (And I love the image.) The changes that result from policy are sometimes subtle, but they eventually get to be assumed. And we ...
  6 days ago

• Unintended Consequences and Negative Externalities

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  Finally, heres a very thought-provoking opinion piece from yesterdays edition of The Boston Globe  on how incentives set up to promote one policy can have a negative effect on another, creating negative externalities that have to be accounted for in the process. Unintended consequences are a result of any ...
  6 days ago

• Question For AutoBrag: Depreciation of Different Cars

  
  AutoBrag Blog — Authority: 150
  Question From Larry: why is the 5 year cost of owning a kia sorento so much higher than the cost of the jeep patriot? Queen of the Road: Welcome to AutoBragBlog, Larry! Here’s a good tool from AOL that shows yearly depreciation for every car and the total cost of owndership. It breaks down evey detail ...
  1 week ago

• Buy Local & Gains from Trade

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  First, if you havent heard, Steven Landsburg, the author of The Armchair Economist  has a new book out, The Big Questions . (Once I get a chance to read it, Ill review it and maybe add it to the carousel.  In the interim, dont wait on me.) He also has an entertaining blog to go with it. That being said, ...
  1 week ago

• A Visit from Captain Renault

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  This story from todays edition of The Wall Street Journal (free content as of this writing) would undoubtedly shock Captain Renault. It seems that a politician, who previously was against the bailout of General Motors because, among other things, it would invite political interference, is now interfering. As I ...
  2 weeks ago

• Ph.D.: A Lapse Of Economic Reason

  
  O'Ceallaigh & The Quill — Authority: 125
  This is the story of Susie, Sherrie, and Britney, triplet sisters from Honolulu who graduated from the University of Hawai‘i at Mânoa in June of 2010, at the age of 22. Sherrie and Britney dreamed of careers as biological researchers, and set their sights on doctoral degrees, since their dreams depended on ...
  3 weeks ago

• Evolution of Our Healthcare System

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  While running a number of errands this weekend, I was listening to  this well-done history of the evolution of the U.S. healthcare system on This American Life on National Public Radio . And while I havent heard all of it, what I did hear was excellent. The evolution of our current healthcare system is a mix of ...
  3 weeks ago

• The DOW 10K priced as opportunity cost

  
  startups, technology and fishing — Authority: 494
  Economists love the concept of opportunity cost because it gives you a the real long-term value of an investment or purchase in relative terms – which is really the only way to calculate value. On Wednesday the DOW hit 10,000 again. The US financial press did their part to ring the bell while the banking community ...
  3 weeks ago

• Economic Return of Children

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  When I first introduce economics to my students, I talk about using economic thinking to examine “non-economic” problems, frequently using some of the work of Gary Becker as an example. Likewise, when we discuss economic development, a frequent observation is that richer countries tend toward lower ...
  3 weeks ago

• And Managing the Commons - Institutional Economics on TV

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  Those of you who watch Curb Your Enthusiasm undoubtedly saw this . But it’s an excellent example of the informal rules we place on ourselves to direct the choices we make. Think of the hors-doeuvres table as a commons. This is an application of what the Nobel Prize in Economics is recognizing this year. HT to ...
  3 weeks ago

• Follow-up to Yesterdays Post

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  One of the topics for yesterday was the market for tickets for entertainment (sports, concerts, etc.) and one of the related concepts was elasticity. There’s an excellent post connecting the two on Economists Do It with Models . I encourage you to take a look.
  3 weeks ago

• No Such Thing as a Free Lunch?

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  Something free is not really free. Imagine that .
  3 weeks ago

• Resources for Middle School

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  For one reason or another, Ive been reading a lot of books for children and young adults lately. As a result, I found several that I would recommend for those who teach middle school, and who are looking to integrate economics, history and literature. I was able to add two of them to my carousel near the top left of ...
  4 weeks ago

• Tickets, Prices and Markets

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  I will admit, when I first saw this article from The Seattle Times on Mark Perrys blog yesterday, I failed to connect the dots. However, it has been in the back of my mind, and this morning I saw some connections. The article is about a ticket reseller (scalper) who is suing the city of Seattle, the ...
  4 weeks ago

• Tragedy of the Commons

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  When we teach property rights, we often spend time discussing "the tragedy of the c ommons" - the idea that everyones property is nobodys property. And a significant number of us use the example of the English village first put forth by Garrett Hardin in his 1968 work. Back in June, there was a very ...
  4 weeks ago

• Measurable Marketing Means No Excuses

  
  The Lunch Pail — Authority: 118
  Right now, more than any other moment in the history of marketing and even the history of business, marketing professionals have access to robust tools that facilitate immediate performance evaluation and accountability. For decades marketers and brand advertising agency executives changed the subject when bosses and ...
  4 weeks ago

• On the Light Side

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  Heres a little humor to brighten your presentations Frazz and Opportunity Cost I especially like the observation of the young lady in the last panel. One thing I like to stress with my students is that choices help us understand values. Dilbert and Expectations I like this one because it emphasizes that ...
  4 weeks ago

• How Traffic Jams Help the Environment

  
  MV=PQ: A Resource for Economic Educators — Authority: 428
  Theres a thought-provoking article (free at this writing) from the weekend edition of The Wall Street Journal . It makes a case that traffic jams actually help the environment. Now, before you write the article off as the ravings of some anti-environmentalist, I suggest you take a look at it. The main idea is ...
  4 weeks ago

Comments about opportunity cost