I listened to a TED talk a few days ago while running about the microeconomic theory of opportunity cost (I can’t seem to find it as I go back through my history. If anyone knows which one it is, let me know!). Opportunity cost is one major throwback to freshman year American Heritage, taking notes and typing on my roommates laptop when she fell asleep (can I get an amen from my freshman friends!).
The premise of opportunity cost is this: the value of anything is the value of the best foregone choice. If I have a choice of sleeping in or getting up early to go for a run, and I choose run, the value of that run equals the value of the extra sleep I gave up.
In many ways I feel I’ve learned this the hard way. When I was a beginning teacher, I’d stay late for hours working on a poster, only to find I hardly actually used it in my lesson. And I’m so guilty of spending time on the computer when I should be with my family. This sends the message that, according to opportunity cost, the value of that time on the computer is worth more to me than that same amount of time spent with my family, and that’s incredibly sad. (Remember those olds LDS advertisements? Family: isn't it about time?)
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How do you manage your time?
What things do you value most?
And do you show it?
What things do you value most?
And do you show it?
love this.
ReplyDeleteand you.
I love this post thank you. After I had read it I was wasting time on my phone and thought to myself- is this time on my phone really as valuable as the sleep I could be getting right now? I put my phone away and went to bed. I will keep this post in mind!
ReplyDeleteAubree
look.feel.be
TED Talks: Proof that you can take a girl out of Freshman Mentoring, but you can never take Freshman Mentoring out of the girl.
ReplyDeleteOh I am such a waster of time.. when it comes to my phone. I have so much to improve upon, I do! And i totally remember those ads..
ReplyDeleteWhitney hit it on the head.
ReplyDeleteLove that quote!
ReplyDelete