Sal Paradise wrote:
Opportunity cost is very subjective - would I rather shop at play and use the extra time to play golf with my son who is moving to Australia in September than meander through a library. To me the opportunity cost of visiting the library is very expensive.
So half an hour in a library stops you spending several hours on a golf course? Don't be ridiculous. Libraries are generally open most days and hours, how about going to the library on a day when you're not playing golf with your son, or even setting off half an hour earlier and going to the library first. The opportunity cost of going to a library is not very expensive at all, you are just making up rubbish. You cannot cost your free time as you would your work time, or if you want to then why not just add it to you expense account? Everyone has one don't they? Even minimum wage carers have them so I'm sure you must have negotiated one with your boss along with your pay rise.