Episode 4 – Scarcity

Show Notes:  Intro and Leftovers (0:00-13:16) Ben gets 500 shares of ODP Bank accidentally deposits $120,000 in couple’s account; they spend most of it, then get charged with theft In the Year 2000… Is Josh “the life of the party” or an introvert? Bad at English AKA British Word of the Day (13:16-15:21) “Crocodile nearest the canoe” Magic: the Gathering and the player psychographics (15:21-24:21) Timmy, Johnny, and Spike by Mark Rosewater – March 2002 The basics of the 3 player psychographic profiles Timmy, Johnny, and Spike Revisited by Mark Rosewater – March 2006 Expanding the definitions and adding Vorthos Kids and Cell Phones (24:21-33:53) South Park: Mr Biggles [WARNING: language] Avril Lavigne vs. the St. Louis Symphony Orchestra (33:53-49:18) Avril Lavigne says Lyme disease symptoms left her in bed for 2 years Review: Avril Lavigne, in Chicago on her first tour in five years, proved she is still pop’s punk princess The Chicago Theater & St. Louis’ Powell Hall Setlist.fm – the Setlist Wiki *MUST SEE* Review: An inspiring Mahler ‘Resurrection’ Symphony at Powell Hall Scarcity: the new science of having less and how it defines our lives (49:24-1:42:50) Understanding the Mindset of Scarcity The Focus Dividend: the benefit of scarcity that helps you zero in on the important thing Tunneling: filtering out non-essential things to focus on the scarcity Bandwidth tax: things outside the tunnel that get neglected because of tunneling The University of Minnesota starvation experiment Understanding the Impact of Scarcity The Scarcity trap: having scarcity causes you to make bad decisions that perpetuates the scarcity Slack: an abundance that allows you to absorb unexpected shocks to the relevant resource Shock: something unexpected that stresses your resources and causes scarcity Applying the lessons of that Understanding Freakonomics was by Steven Levitt and Stephen Dubner, Ben The Strategic Cost of Cumulative Overhead, by Ben Rich on LinkedIn.com Ben’s Home vs. Deployed productivity pie chart from 2011 Life is Chores, Highness Wrap-Up (1:42:50-end) Please Like us on Facebook!