Thursday, October 20, 2016

Umid Ali writes


The clock…
The room fills with moan,
Moments are not obeying (mad)
Among the four fences,
Life is an alien to itself.
A silence crawling on the top,
The soul is mixing with the air.
The world is full of regret,
But when?
The heart.

--tr. Asror Allayarov from "The Gate Opened by Angels"

Image result for Stoyanka Ivanova clock painting 
Tempus Pecunia Est -- Richard Harpum

1 comment:

  1. Tempus pecunia est is Latin for "Time is money." Benjamin Franklin coined the phrase in his “Advice to a Young Tradesman” (1746): “Remember that Time is Money. He that can earn Ten Shillings a Day by his Labour, and goes abroad, or sits idle one half of that Day, tho’ he spends but Sixpence during his Diversion or Idleness, ought not to reckon That the only Expence; he has really spent or rather thrown away Five Shillings besides.” Austrian economist Friedrich von Wieser, in "Theorie der gesellschaftlichen Wirtschaft" (1914) developed the idea of "opportunity cost," in which the cost of a choice is the value of the best alternative when, given limited resources, a choice must be made between several mutually exclusive alternatives. Assuming the best choice is made, it is the "cost" incurred by not enjoying the benefit that would have been had by taking the second best available choice. Opportunity cost is a key concept in economics, expressing the basic relationship between scarcity and choice and is not restricted to monetary or financial costs but may include output forgone, lost time, pleasure or any other benefit that provides utility.


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