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“There is an opportunity cost for everything we do. This is why we must have the awareness to ensure that what we are pursuing is really what we value, because the pursuit leaves countless lost opportunities in its wake. We choose one experience at the sacrifice of all other experiences.”
Chris Matakas“The opportunity cost of an unlived dream is not only that dream, but also the dreams the dream was meant to inspire.”
Ryan Lilly“Poor kids, through no fault of their own, are less prepared by their families, their schools, and their communities to develop their God-given talents as fully as rich kids. For economic productivity and growth, our country needs as much talent as we can find, and we certainly can’t afford to waste it. The opportunity gap imposes on all of us both real costs and what economists term “opportunity costs.”
Robert D. Putnam, Our Kids: The American Dream in Crisis“Rather than street crime, I argue that a better analogy is to voting. Having a high opportunity cost of time—resulting, say, from a high-paying job and a good education—should discourage people from voting, yet it is precisely those with a high opportunity cost of time who tend to vote. Why? Because they care about influencing the outcome and consider themselves sufficiently well informed to want to express their opinions. Terrorists also care about influencing political outcomes. Instead of asking who has a low salary and few opportunities, to understand what makes a terrorist we should ask: Who holds strong political views and is confident enough to try to impose their extremist vision by violent means? Most terrorists are not so desperately poor that they have nothing to live for. Instead they are people who care so deeply and fervently about a cause that they are willing to die for it.”
Alan B. Krueger“There is an opportunity cost in every action.”
Lailah Gifty Akita, Pearls of Wisdom: Great mind“In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't spend it again on something else.”
Malcolm Turnbull“When they explore opportunity cost of black blood I hear ancient corridors survived on the neck of ancient souls Satellite empires, the oversight dark forces”
Omondi Ochuka“We're at a crucial point in history. We cannot have fast cars, computers the size of credit cards, and modern conveniences, whilst simultaneously having clean air, abundant rainforests, fresh drinking water and a stable climate. This generation can have one or the other but not both. Humanity must make a choice. Both have an opportunity cost. Gadgetry or nature? Pick the wrong one and the next generations may have neither.”
Mark Boyle, The Moneyless Man: A Year of Freeconomic Living