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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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