Understand Life

In this episode, we start talking about how prices are able to be set by different companies based on their power in the market. We mostly talk about the law of supply and demand by explaining the basic principle and graph.

Enjoy the show!

Show notes are located at leonardnieman.com/podcast/42.

Support us at Patreon.com/UnderstandLife.

In this episode, we finish talking about how flowers started being thrown at people. We begin by going over last week's insights around why throwing things at people at all started. Then, we move on to flowers specifically, including the faunogrophy of the Victorian era.

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Show notes are located at leonardnieman.com/podcast/41.

Support us at Patreon.com/UnderstandLife.

In this episode, we are talking about how performers of old would be treated. We start the episode with an overview of our previous episodes about how different cheeses are made. Then, we we move on to discussing that performers of old would want people to throw money at them, but if they were bad would get rotten food instead. This was a form of feedback to indicate if the performers were doing a good job.

Next week we will finish discussing the question: covering when flowers started being thrown.

Enjoy the show.

Show notes are located at leonardnieman.com/podcast/40.

Support us at Patreon.com/UnderstandLife.

In this episode, we are continuing our discussion on how different cheeses are made. We start with a re-cap of the last two episode where we went over all 7 steps in the cheese making process and then went in-depth into the first 3 steps, discussing some of the different options in those steps and the changes that has to the finished cheese. This week we will do the same thing for the final four steps in the process.

Enjoy the show.

Show notes are located at leonardnieman.com/podcast/39.

Support us at Patreon.com/UnderstandLife. 

In this episode, we are continuing our discussion on how different cheeses are made. We start with a re-cap of the last episode where we went over all 7 steps in the cheese making process. This time, we really dig into the first 3 steps, discussing some of the different options in those steps and the changes that has to the finished cheese.

Enjoy the show.

Show notes are located at leonardnieman.com/podcast/38.

Support us at Patreon.com/UnderstandLife.

In this episode, we are talking about how cheese is made. We break it down into 7 main steps that most types of cheeses go through...in one way or another. From preparing the milk to aging the cheese.

Join us next week as we continue the cheese topic and start to talk about the differences between different types of cheeses.

Enjoy the show.

Also, please note that we are trying a new format: combining the mini-podcast concept with shorter full podcasts. Let us know what you think!

Show notes are located at leonardnieman.com/podcast/37.

Support us at Patreon.com/UnderstandLife.

In this episode, we are talking about the cost of car ownership. We consider four different options: buying a new car, leasing a new car, buying a used car with a low number of miles and buying a used car with a high number of miles. We go over the monetary costs of each of those and touch on the fact that there are ancillary benefits which can influence which choice is right for you.

Enjoy the show.

Show notes are located at leonardnieman.com/podcast/36.

Support us at Patreon.com/UnderstandLife.

This is a short episode which goes over the highlights of last week and touches on what we are going to talk about next week.

Last week:  We talked about Expected Value: how you can calculate out whether you are making a good decision or not (or at least attempt to). We cover the basic concept and then some sticky points, like guestimating, likely values, and that sometimes you may be willing to pay for enjoyment.

Next week: We will be discussing the cost of automobile ownership.

Enjoy the show!

Support us at www.Patreon.com/UnderstandLife

In this episode, we are talking about Expected Value and how that can help you to make wise decisions. Roughly calculating out an expected value can quickly show that something is or is not worth doing. We talk about using this information to guard against your intuition, though you still need to be careful in how you calculate because even the calculated EV could be subject in your inherent biases.

Enjoy the show.

Show notes are located at leonardnieman.com/podcast/35.

Support us at Patreon.com/UnderstandLife.

This is a short episode which goes over the highlights of last week and touches on what we are going to talk about next week.

Last week:  We talked about the fact that Americans are less happy than people in other countries because we spend so much time comparing ourselves to people we don't know very well. We talked about social media, gratitude journals, and other strategies to be happier.

Next week: We will be exploring "Expected Value" of decisions and how this can guide us to make wiser decisions.

Enjoy the show!

Support us at www.Patreon.com/understandlife