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Opportunity cost: Difference between revisions
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{{a|devil|}}{{d|Opportunity cost|/ˌɒpəˈtjuːnɪti kɒst/|n|}} | {{a|devil|}}{{d|Opportunity cost|/ˌɒpəˈtjuːnɪti kɒst/|n|}} | ||
The potential advantages one forgoes | The potential advantages of taking ''this'' path one forgoes by taking ''that'' one. The principle underlying the proposition that one can’t ''have'' one’s cake, and ''eat'' it. | ||
The JC is fomenting a theory that somewhere the notion of the opportunity cost has been lost to modern discourse. The idea that you can be ''this'' or ''that'', or ''neither'', but taking any of these [[option]]s and enjoying its [[Fruits of the contract|fruits]] means forgoing the alternatives, and ''their'' [[Fruits of the contract|fruits]], is one that appears not to have occurred to those under the age of thirty. | The JC is fomenting a theory that somewhere the notion of the opportunity cost has been lost to modern discourse. The idea that you can be ''this'' or ''that'', or ''neither'', but taking any of these [[option]]s and enjoying its [[Fruits of the contract|fruits]] means forgoing the alternatives, and ''their'' [[Fruits of the contract|fruits]], is one that appears not to have occurred to those under the age of thirty. | ||
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===The enlightenment cancelling the enlightenment=== | ===The enlightenment cancelling the enlightenment=== | ||
Kicking the ladder is one thing: | Kicking away the ladder is one thing: proposing to erase all records of its ascension, quite another.<ref>[https://en.m.wikipedia.org/wiki/Andreas_Hinterstoisser Andreas Hinterstoisser and Toni Kurz], doomed climbers of the Eiger, might caution against kicking the ladder away, too. If things get sticky ahead, you might need it to get down.</ref> | ||
The enlightenment has been a serial victim of erasure. The [[reductionist]] certainty that “all explanatory arrows point downward”; that there is a single unifying principle that governs the physical operation of the universe at all points, for all times; that all scientific disciplines are consistent and reduce, ultimately, to physics, is inferred quite without evidence — how could there be any? — and is transparently an inheritance from Judeo-Christian orthodoxy. | |||
Likewise, the liberal pluralistic disposition — also a function of the enlightenment (though, curiously, incommensurate with the reductionism it accompanied) — a product of the towering intellects of the enlightenment: men like Hume, Smith, Mill, Bentham and Darwin — were necessary conditions for growth of continental philosophy, post modernism and the critical theories who would now write this stale colonial tradition from history. | |||
{{sa}} | {{sa}} | ||
{{ref}} | {{ref}} | ||