A quotation from Ellis Peters

You do what you must do, and pay for it. So in the end all things are simple.

Ellis Peters (1913-1995) English writer, translator [pseud. of Edith Mary Pargeter]
Brother Cadfael’s Penance, ch. 16 (1994)

More about this quote: wist.info/peters-ellis/75756/

#quote #quotes #quotation #qotd #ellispeters #cadfael #brothercadfael #consequences #cost #costbenefit #decision #decisionmaking #must #necessity #riskanalysis #simplicity

Peters, Ellis - Brother Cadfael's Penance, ch. 16 (1994) | WIST Quotations

You do what you must do, and pay for it. So in the end all things are simple.

WIST Quotations

RE: https://mastodon.social/@bencurthoys/116645222472436837

Yes, well said. It’s long past time for standard accounting practices to modernise by incorporating externalities as part of costs to be assessed against benefits. 🙏🏻
Whatever happened to the project to push that integration along? It was all the go & being talked about (along with triple bottom line accounting) back in ?2006 & even before that I think (initiated by the IMF or some other global economics player)… 🤔
So much outstanding work needs to be done to “standard” accounting practices.

#standardAccountingPractices #externalities #ModernisingAccounting #costBenefit #IncorporatingExternalities #holisticCosting

A review of developmental psychology and behavioral literature supports a conclusion that people regard effort as a cost, and do not avoid that cost when the reward makes it worthwhile.

Summary: https://neurosciencenews.com/humans-avoid-wasted-effort-30754/

Original paper: https://www.sciencedirect.com/science/article/pii/S0149763426000424

#Science #Psychology #Motivation #CostBenefit

Humans Avoid Wasted Effort Rather Than Exertion - Neuroscience News

Neuroscience News provides research news for neuroscience, neurology, psychology, AI, brain science, mental health, robotics and cognitive sciences.

Neuroscience News

@shinmera
This same approach & ‘costing’ apply to public health and also public libraries. Invisible when working well, costly failures when not.

#costBenefit #publicHealth #publicLibraries #invisibility #failure #precautionaryPrinciple #publicGoods

A quotation from Terry Pratchett

And Sergeant Colon once again knew a secret about bravery. It was arguably a kind of enhanced cowardice — the knowledge that while death may await you if you advance it will be a picnic compared to the certain living hell that awaits should you retreat.

Terry Pratchett (1948-2015) English author
Discworld No. 21, Jingo (1988)

More about this quote: wist.info/pratchett-terry/8091…

#quote #quotes #quotation #qotd #terrypratchett #discworld #alternatives #bravery #costbenefit #courage #cowardice #danger #death #informeddecision #punishment #retreat #riskanalysis #riskassessment

Discworld No. 21, Jingo (1988) - Pratchett, Terry | WIST Quotations

And Sergeant Colon once again knew a secret about bravery. It was arguably a kind of enhanced cowardice -- the knowledge that while death may await you if you advance it will be a picnic compared to the certain living hell that awaits should you retreat.

WIST Quotations

A quotation from Abraham Lincoln

The advice of a father to his son “Beware of entrance to a quarrel, but being in, bear it that the opposed may beware of thee,” is good, and yet not the best. Quarrel not at all. No man resolved to make the most of himself can spare time for personal contention. Still less can he afford to take all the consequences, including the vitiating of his temper and loss of self control. Yield larger things to which you can show no more than equal right; and yield lesser ones, though clearly your own. Better give your path to a dog than be bitten by him in contesting for the right. Even killing the dog would not cure the bite.

Abraham Lincoln (1809-1865) American lawyer, politician, US President (1861-65)
Letter (1863-10-26) to J. M. Cutts

More about this quote: wist.info/lincoln-abraham/2191…

#quote #quotes #quotation #qotd #abelincoln #abrahamlincoln #anger #argument #backdown #consequences #contention #costbenefit #fight #priorities #prudence #quarrel #selfcontrol #temper #yielding

Letter (1863-10-26) to J. M. Cutts - Lincoln, Abraham | WIST Quotations

The advice of a father to his son "Beware of entrance to a quarrel, but being in, bear it that the opposed may beware of thee," is good, and yet not the best. Quarrel not at all. No man resolved to make the most of himself can spare time for…

WIST Quotations