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Akimbo: A Podcast from Seth Godin
Opportunity cost (E)
Jun 19, 2024
Exploring the value of time, opportunity cost, and balancing work with personal projects are key topics in this podcast. The power of daily habits and intentional time investment for success are also discussed.
15:18
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Quick takeaways
- Ancient societies had abundant free time due to minimal hours spent on foraging, contrasting with the modern view of time as a scarce resource.
- Opportunity cost of time means every choice implies giving up something else, illustrated by existential dilemmas in time-travel narratives.
Deep dives
The Evolution of Time Perception
Throughout history, the concept of time has evolved significantly. The podcast discusses how figures like Christopher Columbus and James Cook reported their discoveries, making time a crucial aspect of modern life. In 'Stone Age Economics,' Marshall Sahlins highlights that people in ancient times spent minimal hours foraging, allowing them abundant free time. This contrasts sharply with the modern view of time as a valuable resource.
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