Political decisions must, by definition in a diverse society, alienate some in that society. This truism is dictated by the concept of opportunity cost. For those without business school backgrounds, opportunity cost is the cost of not having selected the other choices. Every decision anyone ever makes, carries an opportunity cost. Example: The wife takes the shortest route to work. In doing so, she avoids alternative longer routes which may make her drive more interesting, less hazardous as the lesser traveled routes, or less fortuitous in passing up the opportunity to give Bill Gates a ride after his HumV broke down, which he appreciates with a sizable thank you check of a million dollars.
Continue reading Political Decisions.
