This week we’ll be talking about marginal utility, or as Jeffrey Tucker puts it, the secret to a happy life. Marginal utility deals with the act of making a single economic decision within a context, and how the context of future decisions is shaped by the first.
And we’ll discuss the question, what stuff could we forego that might actually improve our lives? Or not. He who dies with the most toys wins.
Viewings
He’s already got one, you see. https://www.youtube.com/watch?v=M9DCAFUerzs&t=86s
There’s a cost to having stuff: https://www.youtube.com/watch?v=MvgN5gCuLac
Even evildoing has diminishing marginal returns. Done often enough, and it becomes Tuesday https://www.youtube.com/watch?v=sjZ5I8l32CI
Explaining Marginal Utility in DisneyLand: https://www.youtube.com/watch?v=1exopHOl1jo
Listenings
Minimalism = freedom? with James Altucher https://www.youtube.com/watch?v=UBWrQBuDQ5M
Readings
How to be a happy person, by Jeffrey Tucker https://fee.org/articles/to-be-a-happy-person-understand-marginal-utility/