Opportunity cost: Difference between revisions

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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.
===Marriage isn’t what it used to be===
This article is in grave danger of descending into a grumpy middle-aged tract, but starts with the news, in August 2021, that [https://marriagefoundation.org.uk/research/one-in-five-weddings-now-start-with-a-prenup/ one in five weddings now involves a prenuptial agreement].


This article is in grave danger of descending into a grumpy middle-aged tract, but starts with the news, in August 2021, that [https://marriagefoundation.org.uk/research/one-in-five-weddings-now-start-with-a-prenup/ one in five weddings now involves a prenuptial agreement]. Now the JC has no particular axe to grind about marriage — by all means, get married or don’t; see if I care — but more to the ''concept'' of what marriage is meant to be, at the outset: a ''permanent'' [[merger]] of social and economic interests. It may be that, along life’s rocky road, things don’t work out, but the aspiration to permanence must at least justify some meaningful commitment: the combination of resources for the intended betterment of all. That one or other party is disproportionately wealthy, or poor, one should deal with in one’s [[due dilly]] — [[aka]] “courtship” in the old days — ''before'' making the decision to marry. That decision is not meant to be one taken lightly. It is meant to be a life commitment — or sentence, depending on how you look at it.
Now the [[JC]] has no axe to grind about marriage — by all means, get hitched or don’t; see if I care — but more to the ''concept'' of what marriage is meant to be, at the outset: a ''permanent [[merger]] of social and economic interests''. It is a [[commitment]]. The combination of resources for the expected betterment of both.


To look at it this way is the regard a prenuptial agreement as a desire ''to have one’s cake and eat it too''. It is to refrain from putting your [[skin in the game]].<ref>Rather, in this regard, like appointing a [[process agent]]: most metaphors don’t bear close examination.</ref> to refrain from drilling the holes in your longboats to stop your men running away.<ref>As, allegedly, did William the Conqueror upon making landfall at Pevensey. This knowledge has been with me since I was about five, and my authority for it is the Ladybird book about William the Conqueror, and as a result it might be entirely false. But it is a good metaphor. </ref>
Now it may be that, along life’s rocky road, things don’t work out, but if the aspiration to permanence is to mean anything, one must at least put one’s [[skin in the game]]. That one party is disproportionately wealthy, or poor, one should deal with in one’s [[due dilly]] — [[aka]] “courtship” in the old days — ''before'' making the decision to commit.
 
To look at it this way is the regard a prenuptial agreement as a desire ''to have one’s cake and eat it too''. It is to ''refrain'' from putting [[skin in the game]];<ref>Rather, in this regard, like appointing a [[process agent]]: okay; most [[Metaphor|metaphors]] don’t bear close examination.</ref> to refrain from drilling the holes in your longboats to stop your men running away.<ref>As, allegedly, did William the Conqueror upon making landfall at Pevensey. This knowledge has been with me since I was about five, and my authority for it is the Ladybird book about William the Conqueror, and as a result it might be entirely false. But it is a good metaphor. </ref>


===Analysts at the [[Vampire Squid]]===
===Analysts at the [[Vampire Squid]]===
You want to learn how to jam your stent into anything that smells of money on a nine to five?
You want to learn how to jam your stent into anything that smells of money on a nine to five? Come, now children. Would you read Faust, if you thought the good doctor would keep possession of his soul?
===The enlightenment cancelling the enlightenment===
===The enlightenment cancelling the enlightenment===
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>
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>


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