asher63 (asher63) wrote,

Rational decisions.

"... the crucial fact of the world we live in is that all actions or inactions entail costs which have to be taken into account in order to reach a rational decision. 'Rational' is here used in its most basic sense - the ability to make a ratio, as in 'rational numbers' in mathematics - so that rational decisions are decisions that weigh one thing against another, a trade-off as distinguished from a crusade to achieve some 'good thing' without weighing costs."
- Thomas Sowell

  • 2022-01-02 | Journal | Sunday afternoon.

    Looking back on my journals from 2 and 3 years ago, I realize I gained about 20 pounds during the lockdown. So for that and other reasons, I'm going…

  • Thursday morning.

    I've been at my current residence exactly three years now (as of November 1), and I've kind of settled in in this area. My current roommate (who's…

  • Clock.

    Well, nothing lasts forever, and at exactly 8:00 this morning I was winding the antique mantel clock and felt the key suddenly snap out of my hand. I…

  • Post a new comment


    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.