Today's "Non-Sequitur" shows a nice understanding of the concept of the opportunity cost of one's time, not to mention a broader Heyne, Boettke, Prychitko point about the nature of costs.
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Peter J. Boettke: Living Economics: Yesterday, Today, and Tomorrow
Christopher Coyne: Doing Bad by Doing Good: Why Humanitarian Action Fails
Paul Heyne, Peter Boettke, David Prychitko: Economic Way of Thinking, The (12th Edition)
Steven Horwitz: Microfoundations and Macroeconomics: An Austrian Perspective
Boettke & Aligica: Challenging Institutional Analysis and Development: The Bloomington School
Peter T. Leeson: The Invisible Hook: The Hidden Economics of Pirates
Philippe Lacoude and Frederic Sautet (Eds.): Action ou Taxation
Peter Boettke: The Political Economy of Soviet Socialism: the Formative Years, 1918-1928
Peter Boettke: Calculation and Coordination: Essays on Socialism and Transitional Political Economy
Peter Boettke & Peter Leeson (Eds.): The Legacy of Ludwig Von Mises
Peter Boettke: Why Perestroika Failed: The Politics and Economics of Socialist Transformation
Peter Boettke (Ed.): The Elgar Companion to Austrian Economics
Nice comic. I personally loved Calvin and Hobbes for their small points. Couldn't get the image location but I'll send you the link. My favorite is on Supply and Demand.
http://www.cooperativeindividualism.org/political-economy-of-calvin-and-hobbes-5.html
Posted by: Ian Dunois | October 28, 2008 at 10:01 AM
I'll use it today in my 101 class. Perfect timing, Steve. I've planned to discuss cost and price (value) issues, and I'll remind them of sunk cost.
Thanks.
Posted by: Dave Prychitko | October 28, 2008 at 10:41 AM