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economic value
after running around school yesterday evening (the Boat Quay area is gorgeous at night, flanked by The Fullerton Hotel and other skyscrapers), we were discussing economic value. apparently in 1995 Ford produced a series of cars that were highly flammable and explosive, exploding on impact if there was a collision in the rear. for a mere $11 more, car owners could buy a plastic bumper to protect their car and reduce the probability of an explosion. yet Ford decided against producing the plastic bumper for all their cars because they felt that the cost of it outweighed the benefits and they saw it as a chance to earn $11 more from their customers.
funny the way the world works.
and this article http://colinandyenyen.com/wordpress/time-mag-the-child-free-life/ left me pondering too
funny the way the world works.
and this article http://colinandyenyen.com/wordpress/time-mag-the-child-free-life/ left me pondering too
“some people feel like they don't deserve love. they walk away quietly into empty spaces, trying to close the gaps of the past.”
“This is how you do it: you sit down at the keyboard and you put one word after another until its done. It's that easy, and that hard.”
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