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Opportunity Cost and the Price of Normalcy

A college friend of mine challenged me to consider integrating my past scholarly pursuits in philosophy and business ethics with my current experience dealing with a long-term illness, and guest lecturing in disability studies. So on that note, this blog post represents the first of many musings outlining the field of economic morality within a life-altering, adjusted lens.

Let us first consider some key terms, definitions, and operational lingo, which will facilitate our conversation in this discipline. The economist, Paul Krugman, asserts that business ethics is NOT primarily a study of money, but of human persons. In the disability community, it is oft mentioned that “It takes a lot of energy to be normal!”

Before digressing on a gratuitous excursion toward defining normal, and whether a handicapped person qualifies, the Opportunity Cost of a given state of affairs are the benefits lost in pursuing mutually exclusive courses of action. For instance, the opportunity cost of my suffering a stroke in October 2012 are all the benefits lost (financial, and/or otherwise in not having the hemorrhagic bleed; likewise, one could also estimate the opportunity cost of NOT having a stroke. These benefits include lessons learned, friendships gained, and the traumatic brain injury’s literal/figurative heartache.

Kudos to Mark Heinzig for the gentle push …

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