applications of opportunity cost

Let’s say that I (hypothetically, of course) offer you two tickets to a concert of your favorite musical group completely free of charge – no strings attached! What would be the cost to you? And what would you do? “Wait, what?” you say. “I thought you just said they were free of charge?”

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productive procrastination

They are arguably two of the most famous speeches in American history and they both had one thing in common. The speeches may not have turned out as epically as they did, had their creators not used an amazing creativity tool called…procrastination. More specifically they both used a tool called productive procrastination!

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the 5 second rule

When most of us think of the 5 second rule, what typically comes to mind is the food hygiene concept. You know the one – when you drop a piece of food and have 5 seconds to pick it up and eat it before it gets contaminated! When I was home for Christmas, I learned

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Hanlon's razor

I’m glad I had been studying a concept called Hanlon’s Razor prior to a recent haircut I received, otherwise I may have reacted quite differently!  My regular hairstylist was on vacation, so I got my hair cut by a lovely Cuban woman, let’s call her ‘Manuela’.

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