At one time or another, you have probably made a choice about how to use your scarce resources that you later regretted. For example, you may have purchased a music download instead of going to the movies. What led you to your choice? What did you learn later that might have led you to a different choice?

Where did the term “iron curtain” originate? the warsaw pact used the term iron curtain as a code word for communism. in a 1946 speech, british prime minister winston churchill said an iron curtain had fallen across the continent of europe. while visiting western europe in 1946, u. s. president harry truman commented that the mountains there looked like iron curtains. russian general secretary joseph stalin instructed citizens of eastern europe to hang iron curtains over their windows to protect themselves from stray bullets.