sixes_and_sevens comments on A "Failure to Evaluate Return-on-Time" Fallacy - Less Wrong
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But is there a way to waste time that is 300X more effective? Perhaps you're playing the wrong video games, surfing the wrong parts of the web, or doing the wrong drugs, and you never took the time to meta-optimize!
I have an exam I'm supposed to be revising for, but unless it contains a lot of questions on Starcraft 2, naked ladies and sandwiches, my study priorities are seriously off-kilter.
Reading this, however, has made me realise that I can become vastly more productive by studying courses with a high Starcraft 2, naked lady and sandwich syllabyus content, and I won't even have to change my behaviour.