Posts Tagged ‘opportunity cost’

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    Health Care Insight

    Oct 4, 10 • 292 Views • No Comments

    Perhaps it all began when President Lyndon Johnson called Wilbur Mills, chairman of the House Ways and Means Committee. “Wilbur, I’ve just been looking through the polls here, and I’ve only got a few weaknesses, and the worst of them is that...  [read more]

  • Opportunity Cost and the Sunday Papers

    Sep 20, 10 • 226 Views • No Comments

    Articles in the Sunday papers may not have referred to opportunity cost but it was everywhere. Do you agree that judges should know the dollar cost of a prison sentence? Is it good or bad that dishwasher detergents have become less effective because of...  [read more]

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    Social Security Thoughts

    Sep 17, 10 • 263 Views • No Comments

    Having just passed the French lower legislative branch, a gradual increase in the French retirement age from 60 to 62 during the next 8 years will probably be enacted. In the US, we are gradually ascending to 67 in 2027. It all sounds so logical. It...  [read more]

  • Sporting Decisions

    Sep 13, 10 • 223 Views • No Comments

    http://www.nytimes.com/2010/09/08/sports/08stadium.html Why have you heard of Green Bay, Wisconsin? The Green Bay Packers. The location of a sports team and their stadium affects a community. Some say, though, that the affect is negative. New Jersey currently...  [read more]

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    Apples, Oranges, and Government Pay

    Aug 22, 10 • 255 Views • No Comments

    Hearing that federal employees earn more than people working in the private sector, how should we respond? Let’s look at the facts. Assessing someone’s earnings involves salaries and benefits.  According to the BEA (Bureau of Economic...  [read more]