Comments on: Basic Economics: Opportunity Cost and Sunk Cost http://freshblogger.com/2007/08/basic-economics-opportunity-cost-and-sunk-cost/ Fresh ideas for blogging, making money, and living a more productive life Thu, 26 Aug 2010 00:48:58 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Blake Emerson http://freshblogger.com/2007/08/basic-economics-opportunity-cost-and-sunk-cost/comment-page-1/#comment-89270 Blake Emerson Wed, 21 Nov 2007 06:27:44 +0000 http://freshblogger.com/2007/08/basic-economics-opportunity-cost-and-sunk-cost/#comment-89270 The principles and reality of capitalist exchange are infectious. They naturally extend their influence beyond the bounds of economics proper, and into the realms of politics, society, and morality. When principles of economic rationality are applied beyond their intended ambit, they lose their justification and merit, but not their power. In particular, the principle and accompanying sensibility of “sunk cost” serves to absolve American social and political institutions of any responsibility to redress past racial injustice with active measures... read on at: http://www.radicalnegative.blogspot.com/ The principles and reality of capitalist exchange are infectious. They naturally extend their influence beyond the bounds of economics proper, and into the realms of politics, society, and morality. When principles of economic rationality are applied beyond their intended ambit, they lose their justification and merit, but not their power. In particular, the principle and accompanying sensibility of “sunk cost” serves to absolve American social and political institutions of any responsibility to redress past racial injustice with active measures…

read on at: http://www.radicalnegative.blogspot.com/

]]> By: LA Head Shot Photography http://freshblogger.com/2007/08/basic-economics-opportunity-cost-and-sunk-cost/comment-page-1/#comment-76388 LA Head Shot Photography Sun, 02 Sep 2007 19:51:28 +0000 http://freshblogger.com/2007/08/basic-economics-opportunity-cost-and-sunk-cost/#comment-76388 I have read some of Dong's writing, a very savy individual indeed!!! I have read some of Dong’s writing, a very savy individual indeed!!!

]]> By: ray http://freshblogger.com/2007/08/basic-economics-opportunity-cost-and-sunk-cost/comment-page-1/#comment-75506 ray Fri, 31 Aug 2007 15:07:14 +0000 http://freshblogger.com/2007/08/basic-economics-opportunity-cost-and-sunk-cost/#comment-75506 Hi, John. I agree. A lot of us consider economics to be a sort of voodoo science because every economist seems to have a completely different take on the economy, but the basic principles are sound and are very useful in making decisions. Thanks for commenting! Hi, John. I agree. A lot of us consider economics to be a sort of voodoo science because every economist seems to have a completely different take on the economy, but the basic principles are sound and are very useful in making decisions. Thanks for commenting!

]]> By: John Hunter http://freshblogger.com/2007/08/basic-economics-opportunity-cost-and-sunk-cost/comment-page-1/#comment-74828 John Hunter Wed, 29 Aug 2007 22:44:02 +0000 http://freshblogger.com/2007/08/basic-economics-opportunity-cost-and-sunk-cost/#comment-74828 Nice post. It is good to see an actual economics post that talks about sensible economic thinking that can help anyone. Nice post. It is good to see an actual economics post that talks about sensible economic thinking that can help anyone.

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