Social Science & the Monday Morning Quarterback

The science of economics is a pure social science that looks and weighs the opportunity between two decisions. Economists call it “the opportunity cost”.  Some choose not to make a decision because of fear – the fear of making the wrong decision – which becomes paralyzing too many.  Giving in to fear allows a choice to be made without your input. 

How do you feel when others make decisions for you without your input?

Stand up and please decide for your own desired outcomes.  What you feel is most important for your future life.  Popular culture is deciding for many because advertising sells us what we want as needs.

When did our wants lead our decision making process for our needs today?

Radio and television forces followers, because of a lack of information and the distractions by celebrities as paid spokepersons to benefit the causes of their agendas.

Because of popular culture some are frightened to make a decision, not because it may be wrong.  It is because economists, observers in our circle of influence, become “Monday Morning Quarterbacks,” talking about our choices, based on information of wants sold by popular culture. 

Decide to make decisions based on personal values to achieve our own choices because of our own developed personal successes—not popular culture’s agendas.

The strength in numbers will ask, “Why did you decide or choose this way?”  This discussion will be based on values sold by big media and bought by pop culture.  Don’t you want a say in your future?  Choose to commit to reaching success by being informed by personal research by trusted sources—not popular culture.

Making a choice leads to economists, family members, friends, co-workers and bosses, discussing the loss opportunity from not choosing the other option.  This is the kicker—the “Monday Morning Quarterbacks” will base their discussions on their own values—not yours or understanding your decisions and commitment to your pre-determined successful outcomes. This is not a level playing field; this sort of evaluation will always lead to confusion and disappointment.

Here is an example of opportunity cost in its basic form. You teach your child not to touch a hot stove. Why, because they will burn/hurt themselves.  What’s the other option; a burned and hurt child. How did we learn this? We were taught not to touch the hot stove because we ourselves have been burned before.  We have all been burned before in different stages in our lives and being burned hurts.  What hurts more is repeating the same hurt because of distractions.

So, really what is the main reason that we don’t want them to touch the stove?  Is it because it will be an inconvenience to ourselves or, facing the judgment by peers on how we teach safety—economics of our decision making process?

We teach safety because of learned consequences.  We don’t want to be burned and we want to protect our loved ones.  If you don’t teach your child or loved ones, about safety there will be a record for others to judge the decisions of your economic system—which is your decision making process.

It is simple, don’t you agree?  Once there is an accumulation of records others will talk and discuss how your decision making process works—it is history.

I know some decisions are harder to make than others, but a decision has to be made and it is your responsibility to make it. Not anyone else’s!  What is your story? Your history is a story of your choices.

Decide, Commit, Succeed!

 

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