Thursday, May 26, 2005
LATE
tsk tsk.
Today SIR had $10 (possibly more) wasted, as he had to wait outside the class for a lengthy period of time before his lesson. Finally the key arrived and his Excellency was able to conduct an informal lesson, but not after he gave the class a scolding. At least I wasn't that late...
Now, on to the topic of Time and Money.
Awhile ago, I came originated the concept of 1 minute = $1
Of course, this does not neccessarily hold true in all circumstances. Take, for example, the incident cited above where SIR was cheated of 10 minutes. In this case, 10 minutes may seem like a short time, but if you choose to look at it in terms of dollars, then losing $10 for pointless reasons seems, well...ridiculous. On the other hand, if you (somehow) get cheated of $30, you can always brush it off by saying, "Ah, it's only half an hour."
In other cases, time is worth more and less than the norm.
For example, during an exam, the value of time increases drastically. On the other hand, in situations where you are not doing anything very useful (e.g. homework), then the value of time decreases. Hence we can see that time is a dynamic and variable thing, and the value of 1 minute is not always $1.
Today SIR had $10 (possibly more) wasted, as he had to wait outside the class for a lengthy period of time before his lesson. Finally the key arrived and his Excellency was able to conduct an informal lesson, but not after he gave the class a scolding. At least I wasn't that late...
Now, on to the topic of Time and Money.
Awhile ago, I came originated the concept of 1 minute = $1
Of course, this does not neccessarily hold true in all circumstances. Take, for example, the incident cited above where SIR was cheated of 10 minutes. In this case, 10 minutes may seem like a short time, but if you choose to look at it in terms of dollars, then losing $10 for pointless reasons seems, well...ridiculous. On the other hand, if you (somehow) get cheated of $30, you can always brush it off by saying, "Ah, it's only half an hour."
In other cases, time is worth more and less than the norm.
For example, during an exam, the value of time increases drastically. On the other hand, in situations where you are not doing anything very useful (e.g. homework), then the value of time decreases. Hence we can see that time is a dynamic and variable thing, and the value of 1 minute is not always $1.
