Posts

Showing posts from August, 2021

The Opportunity Cost of Giving

Economics studies how and why people allocate and use their limited resources. Everyone regardless of age, wealth, or ethnicity has 2 basic resources: money and time. Opportunity cost is the cost of choosing one decision over another. Money: I got a call the other day from Alliance Defending Freedom asking for financial support for their many ongoing legal battles (1). As someone interested in politics and the constitution these battles are very important to me. But then Glenn Beck called, asking for donations for the Nazarene Fund to evacuate as many Christians as possible from the trouble brewing in Afghanistan (2). Meanwhile Samaritan’s Purse was also pleading for supplies and personnel for Haiti following their 7.2 earthquake (3). I only have a limited amount of money and I cannot support every request though they are all important to me. By choosing to support one organization I am simultaneously choosing to not support another. Time: “Look carefully then how you walk, not as ...

Pray For Afghanistan

  Seeing the tragedies in Afghanistan I am reminded why I bother to write these essays: Elections of politicians and their policy decisions have very real consequences for everyday people. Sometimes those consequences can be helpful and sometimes they can be lethal. Understanding economics, politics, and human nature are tools God has given us to achieve the former while avoiding the latter.

Asking for a Friend

Image
  Now that we are talking about mandatory Covid vaccinations Does the Constitution no longer say "My body my choice?" Asking for 60,764,800 unborn friends Source of the graph: https://www.economist.com/graphic-detail/2017/01/18/the-abortion-rate-in-america-falls-to-its-lowest-level-since-roe-v-wade

A real conversation:

Image
John Doe: I think I'm okay with the idea of a government vaccine mandate. If you're teetering on the edge of the cliff then you obviously should make every effort to get away from the cliff [and take the vaccine]. Me: But I've already survived covid, so from my view I'm not on the edge of the cliff and therefore don’t need to take the shot. John: Well you should still want to take it just in case. Me: But I don't. John: But you should. Me: Okay, make me. John: What? Me: Make me want to take it. Offer me a bribe. Give me $10,000 and I’ll get the shot. John: No! Me: Okay so what, $1,000? $500? John: No and no. Me: ...You aren't doing a very good job of offering me any incentive. Come on, you've been telling me this is really important. So how important is this? What would you be willing to give me? John: 50 cents. That's as high as I would go. Me: Really? 50 cents...Not even enough to buy something off the McDonald's dollar menu. Our country is suppose...