Knowing what things truly cost can help us live like we are already retired. Photo by J.D. Stein In this episode you'll learn: What are the three things that make up the cost of a thing.What are negative externalities.The difference between something that is used versus used up.How to live like you're already retired. Show Notes Meet Wish, the $3 billion Shopping App That Could Be he Next Walmart - re/code A quick guide to Bangladesh's Rana Plaza collapse and its lasting … [Read more...]
5: The True Cost of a Thing
The price of something does not always reflect its true cost, both to ourselves and to society. Through the eyes of Henry David Thoreau and a discussion of why I no longer shop at dollar stores, you'll discover the true cost of a thing. Photo by Lulu Lovering You'll learn: Why Henry David Thoreau didn't shop at dollar stores.How Thoreau dealt with the age old challenge of not having a clue how to make a living.How the cost of things can be measured in terms of life and freedom.Why … [Read more...]
