Posts Tagged ‘opportunity cost’

  • Olympic Medal...olympics_000019262071XSmall

    Lessons For London

    Jul 28, 12 • 550 Views • No Comments

    Competing against Paris, Madrid, Moscow and London for the 2012 Summer Olympic Games, NYC made it to the second round and then joined Moscow when it was cut. Next, Madrid was eliminated, then Paris, and London remained. Was winning worth it? It depends.......  [read more]

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    A Blurry Customer Focus

    Jul 27, 12 • 485 Views • No Comments

    Several years ago, I walked into my local bank branch at 5:55. Knowing that they closed at 6:00, I thought I had some time but they said I was too late. I said I had 5 minutes, they said no and by the time we had concluded our exchange, it was 6:00. They said......  [read more]

  • Fruit cranberries drink

    New Soda War Battles

    Jul 3, 12 • 517 Views • No Comments

    “It’s worth fighting for. . . . This is about our economy, it’s about jobs, it’s also about our traditions and our values.” The speaker was John Kerrey and the topic was the cranberry. Worried that sugary beverage limitations could move far beyond......  [read more]

  • Tomatoes

    Tomatoes, Health Care and Unintended Consequences

    Jun 30, 12 • 320 Views • No Comments

    Trying to make pretty tomatoes, plant breeders inadvertently created a tasteless fruit. It all started 70 years ago with a gene mutation that evenly ripened tomatoes. Seeing the commercial potential of uniformly colored bright red tomatoes, growers bred the......  [read more]

  • The Price of a Life

    Jun 29, 12 • 491 Views • No Comments

    I get concerned when people say we may need to start rationing health care. Like most goods and services, because there is a limited supply of health care, we have always rationed it. In some way, we had to decide who would get more and who would get less.......  [read more]