Always Be Better

Hello, and welcome back to "Always Be Better" with Mel Windham. Today we're going to talk about an interesting problem plaguing this world: what I call "Information Overload." And we can start discussing ways to combat this. First, I'd like you to join me back in time a few decades -- back to the 1980s. I was a geeky high-school student. The Internet was not yet widespread, and most people had never heard of it. Cell phones were expensive, and most people did not have them. Smartphones? Forget about it. Back then, people had very slow access to information. We would have to rely on the news, cable, books, the library. As for politics and rumors, we had to actually go somewhere -- the barbershop, church, community events. And our high school friends? Unless we stayed close to home, we rarely heard from them. It was even easy to forget what they looked like. Compared to today, we lived in our own silos, and we were safe. We could believe whatever we wanted, b...

Hello, and welcome back to "Always Be Better" with Mel Windham. Today we're going to explore Supply and Demand, as we begin our journey into Economics. I'm hoping to share the simplest concepts to make this easier to understand. First off, Economics is all about incentives. As money flows freely, people are producing and consuming, and the quality of life increases. But what makes a person want to part with their money? And what makes a person want to produce something? What are the incentives? If we understand this in the big picture, we can then help to create a prosperous environment to allow for maximal efficiency and productivity, so everyone can be happy. Let's start with a simple example: ice cream. We want to sell it, and we have 9 potential customers. Each of them has different tastes. So let's ask: how much are they willing to pay for an ice cream cone? Alfred is really picky. He'd rather eat pie than ice cream, so he'll only pay $1. This m...