When I was watching a sports event yesterday, I met with an amazing sight. It was not a gold medal, or a world record broken, but a show of pure courage and determination.

    The event was swimming. I watched a man dive off the blocks and knew right away that something was wrong. I'm not an expert swimmer, but I can tell a good dive from a poor one, and this was not exactly medal quality. When he resurfaced, it was evident that the man was not out for gold — his arms were waving in an attempt at freestyle.

    I heard the crowd begin to laugh at this poor man who was clearly having a hard time. Finally he made his turn to start back. It was pitiful. He made a few desperate strokes (划水) and you could tell he was worn out. But in those few awkward strokes, the crowd changed. No longer were they laughing, but beginning to cheer. Some even began to stand and yell things like, "Come on, you can do it!" He did. The crowd went wild.

    Just a short year ago, he had never even swum, let alone race. His country had been invited to take part in the event. Even though he recorded the slowest time, this man gave more heart than any of the other competitors—a man that gave his all, knowing that he had no chance but to compete because of the spirit of the games.

    However wealthy we may be, we can never find enough hours in the day to do everything we want. Economics deals with this problem through the concept of opportunity cost, which simply refers to whether someone's time or money could be better spent on something else.

    Every hour of our time has a value. For every hour we work at one job we could quite easily be doing another, or be sleeping or watching a film. Each of these options has a different opportunity cost—namely, what they cost us in missed opportunities.

    Say you intend to watch a football match but the tickets are expensive and it will take you a couple of hours to get to and from the stadium. Why not, you might reason, watch the game from home and use the leftover money and time to have dinner with friends? This—the alternative use of your cash and time—is the opportunity cost.

    For economists, every decision is made by knowledge of what one must forgo—in terms of money and enjoyment—in order to take it up. By knowing precisely what you are receiving and what you are missing out on, you ought to be able to make better-informed, more reasonable decisions. Consider that most famous economic rule of all: there's no such thing as a free lunch. Even if someone offers to take you out to lunch for free, the time you will spend in the restaurant still costs you something in terms of forgone opportunities.

    Some people find the idea of opportunity cost extremely discouraging: imagine spending your entire life calculating whether your time would be better spent elsewhere doing something more profitable or enjoyable. Yet, in a sense it's human nature to do precisely that—we assess the advantages and disadvantages of decisions all the time.

    In the business world, a popular phrase is “value for money.” People want their cash to go as far as possible. However, another is fast obtaining an advantage: “value for time.” The biggest restriction on our resources is the number of hours we can devote to something, so we look to maximize the return we get on our investment of time. By reading this passage you are giving over a bit of your time which could be spent doing other activities, such as sleeping and eating. In return, however, this passage will help you to think like an economist, closely considering the opportunity cost of each of your decisions.

    This is What a REAL Silver Dollar Looks Like

    If you trust in the yen, the euro, and the dollar... stop reading.

    Because this is a story about the silver coin EVERYBODY wants.

You read the headlines. You know that troubled economic times have put global currency on a rollercoaster ( ride. But millions have found a smarter way to build long-term value with high-grade collectable silver. And right now, those people are lining up to secure some of the last 2012 U. S. Mint Silver Eagles, America's Newest Silver Eagle Dollars. Today, you can graduate to the front of that line. Buy now and you can own these brilliant uncirculated Silver

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    Why are we releasing (发行) this silver dollar for such a remarkable price?

    Because we want to introduce you to what hundreds of thousands of smart collectors and satisfied customers have known since 1984—New York Mint is the place to find the world's finest high-grade coins. That's why we're offering you this Brilliant Uncirculated 2012 U. S. Silver Eagle for as little as $37.45 (plus s/h).

    Timing is Everything

    Our advice? Keep this to yourself. Because the more people who know about this offer, the worse it is for you. Demand for Silver Eagles in 2011 broke records. Experts predict that 2012 Silver Eagles may break them all over again. Due to rapid changes in the price of silver, prices may be higher or lower and are subject to(受...影响)  change without notice. Supplies are limited. Call immediately to add these Silver Eagles to your holdings before it's too late.

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    Southcross Drive W.,Dept. ASE177-04

    Burnsville, Minnesota 55337

    www. NewYorkMint. com

    The American state of Colorado is considering a ban on smartphones for children younger than 13.

    A Denver-based doctor - and father - is leading the effort. Tim Farnum is the founder of a group called ‘Parents Against Underage Smartphones.' His proposal would ban sales of smartphones to children under the age of 13. It would also ban sales to anyone who wishes to buy such a device for anyone younger than 13. The measure would also require sellers of smartphones to provide proof to the state government that they have asked buyers if the phone is for anyone under 13.

    The measure now needs about 300,000 signatures in order to appear on Colorado's statewide ballot (投票权)next year. If it makes the ballot and is approved by voters, Colorado would become the first state to have such a ban.

    Tim Farnum said he decided to push for the measure after watching his own children struggle with the mental effects of always having a smartphone around. "They would get the phones and lock themselves in the room and change who they were," he told The Coloradoan newspaper.

    State Senator John Kefalas, a Democrat, said he understands the reasoning behind the proposed law. However, he told The Coloradoan that a child's smartphone usage is a "family matter" and not something the government should decide. "Ultimately, this comes down to parenting,” he said, “making sure their kids are not putting themselves at risk.”

    Last year, the AAP (the American Academy of Pediatrics) released guidelines for media use by children. The group advised parents to limit time spent watching videos to no more than one hour a day of high-quality programming until age 6. After that, it said, parents should set reasonable time limits for their children and make sure electronic devices do not take time away from sleep or exercise.

    Katherine Johnson, a brilliant mathematician at NASA (美国宇航局), began working on the space program in the 1950s. Many of NASA's first missions were made possible by her amazing calculations (计算).

    As a child, she loved to count. Her father placed great importance on education and insisted all four of his children go to college, working overtime to pay for it. Johnson said this atmosphere was important to her success. "I was always around people who were learning something. I liked to learn." She said.

    Johnson graduated from high school at 14 and college at 18. In 1953, Johnson started to work for NASA, doing the math that powered engineers' work. Then, because of her outstanding talent, she was moved to work on rockets with an all-male flight research team. As for Johnson, her calculations contributed to many of NASA's most important projects. In 1961, with the help of Johnson's work, Alan Shepherd became the first American to go into space. Johnson also lent her unbelievable talent to the success of the Apollo 13, which had trouble getting back to earth. She worked hard to calculate a safe path back to Earth for the astronauts.

    Johnson retired in 1986, but her huge contribution to the space program has only been reaching the public attention for the past few years. Part of that is because, as she is the first to admit, science is based on collaboration. "I never took any credit because we always worked as a team, it was never just one person," she said in a 2010 interview.

    Earlier this year, NASA named a new data center after her. She was also given a Silver Snoopy award, which recognizes "outstanding performance, contributing to flight safety and mission success."

Welcome to Reading Museum's Hands­on Learning Service

    During the past 100 years, Reading Museum has always been offering learning opportunities to schools, and we hope to continue this tradition for the next 100 years with your support.

    Victorian Schoolroom

    The session takes place in a grand reconstruction of a schoolroom in a late nineteenth century Board School. The children will experience a wide range of Victorian style lessons and use slate boards and dip pens. The session leader will play the role of a Victorian teacher but will come out of the role during the session to comfort the children. We provide costume for all children.

    Victorian Toys

    Our Victorian nanny delivers this interesting session. The nanny will help children to explore the differences between rich and poor children's toys from the past. During the session the children have the opportunity to make a toy to take home.

    Victorian Christmas

    In a specially decorated room the children will find out how the Victorians introduced many of our Christmas customs. They will make a simple card or present to take home.

    For up­to­date prices and session details, please visit our website www.. Reading museum, org. For all session bookings please phone us on 01189373400. Reservation at least 4 weeks in advance is advised. Please be ready to tell us when you wish to come, the session(s) you wish to book and the year group of pupils. Our sessions take place between 10:00 and 12: 00 or 12: 30 and 14: 30. The maximum group size is 35 pupils. We recommend that you bring 5 adults for each group.