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Summary
Credit: Bill Crim
Paul and Shawn talk to Jacob Lund Fisker of
Early Retirement Extreme fame. They go over the a chapter in detail with Jacob’s comments. Jacob and Paul talked about the value of the
Wheaton Eco scale and how scales like that are useful. Jacob adapted it to his needs. The story of Ferd and
Gert is a parable of financial lifestyle choices. The story of Ferd and Gert is applicable to many things in people’s lifestyles. Paul and Jacob use the story as a framework to talk about how people don’t get happier by earning more. This brings up Leibig’s Law of the Minimum which describes the limiting factors in life and nature are bounded by the scarcest resource. So earning more money won’t make you happier beyond a certain point.
Story of Ferd and Gert
https://permies.com/wiki/60288/Podcast-Permaculture-Millionaire
Wheaton Eco Scale
https://permies.com/t/3069/Wheaton-Eco-Scale
Early Retirement Extreme
http://earlyretirementextreme.com/
Leibig’s Law of the Minimum
https://en.wikipedia.org/wiki/Liebig's_law_of_the_minimum
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This podcast was made possible thanks to:
Suleiman, Karrie, and Sasquatch
Bill Crim
Kerry JustTooLazy
anonymous
Wade Luger
Jocelyn Campbell
havokeachday
thomas adams
Sasquatch
Julia Winter, world's slowest mosaic artist
Dominic Crolius
Eivind W. Bjørkavåg
Seth Gregory
Bill Erickson
David Ingraham
Michelle Martin
G Cooper
Miroslav Ultrama
Matthew Johnson
Lisa Goodspeed
Dylan Butler
Kyle Neath
Penny McLoughlin
HL Tyler
Dana Martin
Keith Kuhnsman
Mark
Arturo Ceron
Eric Tolbert
Mehron Kugler
Sean Benedict
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