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Keyword: opportunitycosts

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  • Camry Hybrid Isn't Worth It

    06/06/2006 6:16:07 PM PDT · by G. Stolyarov II · 180 replies · 5,315+ views
    PanAsianBiz ^ | June 6, 2006 | Dr. Bill Belew
    A Camry hybrid costs about $5,000 more than it's nonhybrid brother, or is it sister? If a driver goes 15,000 miles a year with an efficiency of 39mpg s/he will save about $500/yr. Easy math. It will take 10 years to get your money back. The good news is a Toyota will last 10 years and 150,000 miles. The bad news is Americans won't drive the same car for that long. But then neither will anybody else in any other country. The Japanese will change cars every 3-5 years. This is one of the reasons why the hybrid market only...
  • Whether This War Was Worth It

    06/19/2005 2:48:02 AM PDT · by mal · 16 replies · 1,292+ views
    Serious scholars still debate whether the Civil War was necessary, never mind the more obvious "wars of choice" such as World War I, the War of 1812, the Spanish-American War, the Korean War, wars in Vietnam and Kosovo, and the Persian Gulf War. To a certain brand of American isolationist, even World War II was unnecessary and counterproductive. So there is nothing remarkable about polls showing Americans wondering whether the recent Iraq war was "worth it." It is a great American myth, voiced by John Kerry last year, that the nation goes to war only when there is no question...