Daily Archives: March 28, 2008

Opportunity Cost

Opportunity cost is the cost incurred (sacrifice) by choosing one option over the next best alternative (which may be equally desired). Thus, opportunity cost is the cost of pursuing one choice instead of another. Every action has an opportunity cost. … Continue reading

Posted in Bush, Character, Conservatism, Conservative Thought, Economic Issues, Foreign Policy, Hillary Clinton, McCain, Obama, Recession, The Economy, The Financial System, The Power of Narrative | Leave a comment