Showing posts with label opportunity cost. Show all posts
Showing posts with label opportunity cost. Show all posts

Saturday, January 24, 2009

dispositive


“When you ain’t got nothing, you got nothing to lose.”
- Bob Dylan [born Robert Allen Zimmerman on May 24, 1941]

Economists refer to this as Opportunity Cost
The true cost of something is what you give up to get it.
An earlier reference to Bob Dylan on this blog here.