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How to Money

Overcoming Your Scarcity Brain w/ Michael Easter #773

Jan 10, 2024
Guest Michael Easter, author of the book 'Scarcity Brain', explores the concept of scarcity in our modern age. Topics discussed include the scarcity loop, gambling addiction, our incessant buying of stuff, gamification, and the addictive nature of websites and sports betting apps. They also touch on behavior change campaigns, the power of numbers, the benefits of scarcity, and the impact of surroundings on decision-making.
53:49

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Eliminating bad habits is more impactful than adding new good habits for personal growth.
  • Being aware of scarcity cues can help us make conscious choices and avoid unhelpful patterns.

Deep dives

The Scarcity Brain and Overcoming Bad Habits

Author Michael Easter discusses the concept of scarcity and how it affects our behaviors. He suggests that instead of focusing on adding new good habits, we should focus on eliminating bad habits that are holding us back. By cutting out behaviors that are detrimental to our well-being or financial stability, we can make significant progress in improving our lives.

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