Showing posts with label Opportunity Costs. Show all posts
Showing posts with label Opportunity Costs. Show all posts

Thursday, January 24, 2008

Opportunity Costs

A dollar not spent on cable tv, local newspapers, financial newsletters, nonessential services associated with the internet, leaves not only extra money, but time that can be spent on essential human inquiries, such as the search for truth. These nonconsumer activities give full meaning to the human experience, as opposed to merely being another consumer zombie.

While consumer spending powers 3/4 of the American economy, does that mean that consumer activities should take up 3/4 of the typical american's time?