There is no such thing as a free lunch

There is no such thing as a free lunch

If you didn’t know, I’m a bit insane, as I’m taking two classes at the local college this summer, one of which is the beloved economics, macroeconomics to be more specific. We’ve been talking about the concept of  a free lunch, and here’s my take on the topic:

free lunch

Two weeks ago was my birthday. Around that time, I usually receive free meals or drinks to various places. One I received was to the restaurant Perkins: one free breakfast meal. Upon opening the email from them, I thought to myself, “Yes! A free breakfast!” My thought, however, was misguided. You see, nothing in life is ever really free, unless you’re talking about abstract concepts, such as love, which is a discussion for another day.

Contrary to what their name implies, a free breakfast from Perkins or a free lunch elsewhere isn’t actually free. While it may be free to you or me, somebody else had to pay the price. You’ll often find this is true of everything. According to Campbell R. McConnell’s book “Economics: Principles, Problems, and Policies,”* someone or something will always have to pay the price, whether it’s land cost, labor cost, capital cost or entrepreneurial cost.

Let’s talk about this free breakfast concept a bit more and the actual costs associated with it. To be specific, the free breakfast from Perkins consists of two fresh eggs, two meats, either bacon or sausage, and a stack of buttermilk pancakes. First, let’s examine whether there were any land costs. By land cost, we don’t just mean physical land, but also the minerals and plants of the land. And food, as many of us know, often comes from plants in the ground. For this meal, the flour for baking the pancakes and many of the other ingredients in them were land costs.

The labor cost for the meal is higher than the land cost. A server had to take the diner’s meal, walk all the way to the kitchen to tell the chefs it, who then had to physically cook the meal with meat from a pig that somebody had to slaughter. Then, the server had to bring the meal back out. Furthermore, the diner had to eat the food somehow, obviously it wouldn’t just fly into their mouth, so the work it took for them to lift their fork to their mouth was another labor cost.

What about capital cost? This type of cost, as you may know, is the cost of the equipment used in the production of the meal. I’m sure the stovetop of an oven was used, as well as a fridge for preventing the eggs from formerly spoiling.

And lastly, there was an entrepreneurial cost. Some perky guy or gal (get my pun??) had to go out on a limb and start the restaurant Perkins. In the beginning, they didn’t know whether or not it would be successful, but they took that risk.

In conclusion, we can see that this assumedly ‘free’ breakfast isn’t actually free.

As established previously, the recipient of the free breakfast didn’t have to pay any physical cost out of his or her pocket, but he did pay some other costs and so did many other people. The land cost, labor cost, capital cost, as well as entrepreneurial cost were there. And since these resources are limited, our economy as a whole footed the bill of that free meal.

Throughout life, you will realize that everything has a cost. While some things might not necessarily cost every one of the four mentioned areas, it’s going to cost at least one of them. Some costs are low and some are higher. But if the benefit that results is higher than the cost, many will say it’s worth it. And let me tell you, sacrificing my energy to lift that fork full of scrumptious goodness to my mouth was, without a doubt, worth it.

*McConnell, B. F. (2015). Economics: Principles, Problems, and Policies. McGraw-Hill Education.

What’s your opinion? Can you think of any exceptions to the premise that there is no such thing as a free lunch? I’d love to have a discussion about it with you below!

Now . . . how was that as food for thought? (sorry, I had to) 😀

final ashlyn signature

Advertisements
You and I are Only One Grain of Sand on Malibu beach

You and I are Only One Grain of Sand on Malibu beach

Life is crazy.

Despite the fact that there are billions upon billions of individuals upon this earth, somehow, we pursue the belief that ours matters.

Think about that.

You and I are just small beings on this planet, a grain of sand on Malibu beach. Not even that. One song in all the songs out there. One letter on the pages of the great and legendary Harry Potter series.

According to the laws of mathematics, and the fact that the limit of a small number over infinity is zero, you and I mean nothing. We mean a number that has infinitely no end in a world with an infinite amount of people.

And thinking of not just those alive and breathing H2O right now at this instant, we have to consider those beings who once breathed H2O and then didn’t. Those such as Abe Lincoln who are gone. Who walked this planet at one point, but no longer do. We have to consider those beings that may or may not be in another universe.

Why should we care about our own lives when there are so many more lives out there? Why should we care that ours is crazy?

Why should we care that we, who are only a grain of sand, stand out? That’s impossible. A grain of sand simply can’t be noticed when surrounded by the infinite number of other grains of sand that are either sitting out on the beach, frying in the sun or lost deep under the waves of life.

Why should we even try?
Ashlyn Taylour

How Many of my Summer Goals were Accomplished?

How Many of my Summer Goals were Accomplished?

Exactly three months ago, I wrote a post title Plans for the Summer. It had ten things on it I hoped to accomplish over the summer. I am writing to you today because my summer is officially over. I started school yesterday and so, as promised, here’s how many of my goals I actually met. (I’ve put the ten goals in italics.)

1. Earn over $2k and put most of it in savings ✖

So guys, all the money I earned over the summer, I put in an envelope, and just wait here for a moment while I go count it up. I’m doubting it’s over 2k but we’ll see.

I’m back. Drumroll please! Okay, so I made around $1800 over the summer. While I didn’t reach my goal *sad face* that’s a pretty decent amount if you think about it. Because I was gone for half the summer. Literally, I was only home for six weeks. I’d go for $300 a week, $40 a day anytime.

2. Write my college essay and perfect it

Ha. . . ha. . . Sike. I didn’t actually do this. Whoops…

3. Learn a cool talent

Okay, yes, if you remember, I wrote that I’d like to learn to baton or a backflip or ambidexturity. And guess what? I’m pretty good at twirling a metal bar around my fingers. Yes, ladies and gentlemen, I can baton.

4. Attend a pre-college program

Smith college was a great experience. I was a bit disappointed with my classes but the people I met there were amazing. My roommate was from Pakistan and it was so cool to hear about the different cultures. Smith made me realize that there’s actually some good poetry out there and it gave me an appreciation for a different type of writing: screenwriting. Did I mention I wrote a movie? Anybody personally know Josh Hutcherson so he can act in it?

5. Volunteer

I’ve volunteered with my church a handful of times this summer and I went to a summer camp for a week where I was on the media team. The camp was a great experience and I’m definitely going back next year, hopefully for two weeks or ever more. I had to constantly step out of my comfort zone as I was the main photographer and I had to ask kids and their counselors to pose for pictures. I had to talk to people and joke with them so they’d show their real smile. It was undoubtedly hard but so worth it.

6. Keep up this blog

I did this a lot better at the beginning of summer. I published a new post every day of June which I’m mighty proud of if I do say so myself. I wrote 42 blog posts in 62 days. Wow.

7. Finish a novel

I told you guys I’d finish “The Day Hope was Murdered” by the end of summer but plot twist, I came up with this idea for a new book called “The Story of the Moon and the Sun” while I was at Smith. I tried so hard to finish it on Sunday but life got in the way and I’m literally so close to finishing it. Nonetheless, I still failed this goal.

8. Keep playing guitar and piano

I don’t know what’s wrong with me, but despite my hopes and dreams of getting better, I only played once or twice a week at most.

9. Narrow down my college list

Interpretation of this goal may differ from person to person. I now have a list of all the colleges I’m applying to. HOWEVER, this list has at least ten colleges on it. Most of them I don’t even know much about. The reason for this being that most of them I got a waived application fee for because I’m a National Merit Scholar. Yay me! I might as well apply if I can do so free of charge. So it’s not really that narrow but here are the colleges at the top of that list: Smith College, Taylor University, Cedarville University, College of Wooster, and Scripps College.

10. Expand my vocabulary

I told you guys I’d memorize two words a day but I don’t think I even did that for one day. I’m so disappointed in myself and my laziness.

SO, those were my goals for the summer. I really liked that I wrote all these out for you guys because in a way, it held me more accountable (at least to some of them). I only accomplished 5 out of the 10 but eh, without writing them all out, I probably wouldn’t have even accomplished half of that much.

Now maybe I’ll write a post with plans for the school year… We’ll see.
Ashlyn Taylour

Feel Good Blogging

Feel Good Blogging

Hey guys,

So last October, I participated in a blogging challenge with other bloggers, where basically, you post 7 days in a row on certain topics. This challenge called ‘Feel Good Blogging’ was created by Alex Beadon, definitely one of my role models.

It was a great experience for me, however, at the end of the 7 days, I stopped blogging and as you know, re-started up just a month ago.

But without this challenge, I probably wouldn’t be writing this now. I wouldn’t have started blogging again.

Everyone participating in the challenge wrote about the same things, answered the same questions, etc. And then they would read each others posts and comment on them. I received tons of comments on my posts, my very first posts, which was very encouraging.

I just thought I’d share this with you because Alex Beadon is starting this 7-day Feel Good Blogging challenge again. Today is the fist day. I highly encourage that you take part in it if you’d like to give your blog more exposure and if you’d like to have a clearer picture of what your blog is about. I’d redo the challenge as well if it weren’t for the fact that I’ll be in Massachusetts for the last half of it. Comment below if you join and I’ll be sure to read your posts. Here’s the link if you’re interested: Feel Good Blogging Challenge
Ashlyn Taylour

Wishing for a Time-Machine

Wishing for a Time-Machine

 

We’ve all wished that we could go back in time. Re-do a moment that we feel we could’ve handled better.

I’ve found myself wishing for this so many times. I had a chance to do something that I didn’t take. I messed up. I lied and got in huge trouble. I went into that poison ivy. I didn’t cherish the moment and make the most of it.

For whatever reason it is, we all make misteaks. Every day in fact. We all have regrets. If you can honestly say that you’ve never regretted anything in your life, then congratulations! You’ve lived a perfect life.

But if you think about it, you should be thankful for your regrets. Just as you should be thankful for your misteaks. Why? It’s because they teach you. They teach you how you messed up, where you went wrong, and you’ve learned not to put yourself in the same situation again.

So no matter how many times you want to go back in time, look back on your past and realize that you wouldn’t be that same person you are today if it weren’t for those misteaks, if it weren’t for those regrets.
Ashlyn Taylour

Florida: Day 4

Florida: Day 4

Fort Lauderdale Beach

I don’t have much time to write this, so as a warning, it’ll be quite short.

Do you guys like when I post my high and low of the day? PLEASE let me know! I’ll probably make it a regular thing from now. SO here’s them from today.

High: We went to a beach in Fort Lauderdale and I read a LOT. It was so nice to just relax and read. I also got some pretty pictures.

Low: So, my dad has had poison ivy these past few days and guess what?! I have it now as well. Lovely, isn’t it?  And I also got even more burnt, if that’s even possible. Now my back hurts even when I’m not moving. It’s due to all of my reading as I was lying on my stomach with my back vulnerable to the sun’s rays. Ah, I should take my own words: Pain is only temporary. It’s a hard thing to do though.
Ashlyn Taylour

31 Minutes till Midnight

31 Minutes till Midnight

At the time of my writing this, it is officially 31 minutes till midnight, my time. Depending on your location in this vast universe, this timing will most likely be different where you’re at.

The reason I am writing this so late is because I’ve been out all day. ‘Doing what?’ you may ask. Well, I’m about to pass out from exhaustion, so I shall put this in a nutshell so that won’t happen.

Today, I went to a HUGE amusement park entitled Cedar Point. Some of you may have heard of this, especially if you’re from some state near Ohio. It was my first time there in a few years but I absolutely love amusement parks, not as much as water parks, but eh, they’re still fun.

Roller coasters and the rides that drop really quickly are my favorites. And then the spinny rides are usually my least favorite as they provoke sickness.

NOW for the high and low of my day, which is basically one of the best things that happened and then one of the worst.

So my low is that while I was on a roller coaster called the ‘Magnum,’ my sunglasses fell out. Now usually I would have put them in a bin where you can store your stuff before I got on the ride, but this ride didn’t have any bins. Plus, it never once went upside-down, so I assumed my glasses would be safe. I put them in my pocket at the beginning of the ride and then somehow, by the end, they were gone. I had those purple aviator sunglasses for 3 years. RIP

And my high was just spending time with my friends that I hardly see anymore.

I almost didn’t go today, because I didn’t want to spend the money (I’m cheap), but I decided to, and I’m glad I did. What you should take out of this post, is that don’t overthink things. If you have the chance to hang out with people, even if you don’t know all of them, just do it. You’ll regret it if you don’t.

(sorry for this crappy post. I’m SO tired.)
Ashlyn Taylour
zzzzz….