Psychologists Off the Clock cover image

245. Family Firm with Emily Oster

Psychologists Off the Clock

00:00

Your Opportunity Costs Are Constraints

i love the idea of doing that as a family, and i'm curious if you could sort of walk our listeners through how you and your family have articulated your overarching family mission statement. We actually have a work sheet that listeners can get and well, link to it in the show notes. And so from the economist perspective of really being willing to examine the opportunity costs of various choices, my opportuni caust your opportunity costs are constraints, you know, our time opportunity costs. Just recognizing that there's always opportunity costs when you make a choice, rather than trying to eliminate them is very wise.

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