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For every investment in HSR there is also an alternative use of the money.

This is also true of lunch, and indeed everything. Everything has an opportunity cost.

by TYR (a.harrowellNOSPAM@gmail.com) on Tue Nov 9th, 2010 at 12:33:29 PM EST
... money depends on economic institutions. The opportunity cos of using the resources, by contrast, is intrinsic: those resources cannot be used for something else at the same time (and for resources destroyed in the process, ever).

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Fri Nov 12th, 2010 at 09:13:05 AM EST
[ Parent ]


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