Wednesday, September 8, 2010
Does money suck the fun out of life?
Related musing: I suggested to friend that likes to penny pinch that it makes her unhappy. By spending cognitive resources and time trying to spend more effectively she has money on the brain more--which just means more worry and less time for fun things. This research also suggests that it makes it harder for her to savor things because of the priming effects. And what for gain? Having a little extra money to spend on . . . I think living simply can help people enjoy the pleasure of life more, but being thrifty (ironically) makes it more difficult.
Tuesday, September 7, 2010
If you could invent one vaccine it'd be for . . .
I was talking to friends yesterday and I said that the next frontier in human welfare is dealing with the problems that are all in people's heads. We've eliminated most communicable diseases in the United States and met our basic needs. Not a lot of people die young, and those that do often die in accidents that are hard to prevent. As the rest of the world develops (China and India will both be like the U.S. in 50 years or less, it appears) this will come to be true worldwide.
At that point we can continue to worry about marginal gains to life expectancy from inventing cancer drugs and treating heart disease. And we can worry about priming the engines of growth with education so that 50 years hence our grandchildren can each have $150,000 in income instead of $100,000. Or we could worry about ensuring that 10,000 people don't die prematurely from lack of health insurance.
Or we could look at what the next frontier. Here are projections for 2030 and statistics for today, restricted to the high income countries that most of the world will resemble in 50 years:
Monday, August 9, 2010
Does living simply make you happy?
It also has a nice little gem that will serve as quote of the day:
What is it with women and shoes?Emboldened by a Web site that challenges consumers to live with just 100 personal items, Ms. Strobel winnowed down her wardrobe and toiletries to precisely that number. . . . She owns four plates, three pairs of shoes and two pots.
I do have a few complaints about the article.
First, they oversell some of the correlations from the happiness research. Happiness economics is a new field and a lot of the survey data isn't that great. With one exception (the German Socio-Economic Panel) the data is cross-sectional, meaning you don't get to see what happens to the same people over time, just how different people in two groups (married, unmarried) feel. Personally, though, I tend to trust the cross-section evidence as primarily unbiased.
Second, I think the story of the "hero," Ms. Strobel, is bit misleading. The article opens with a story about how she simplified her life and what the research shows is that that probably won't make her unhappy. But the article might leave you with a sense that downsizing and simplifying your life will make you happier. There isn't any research that shows that. What made Ms. Strobel happier is eliminating her commute (she works from home), changing her mindset to focus more on family and less on status symbols, and by spending the money she does have on things that she enjoys.
Thursday, June 17, 2010
Question from Jon Haidt
Would you be happier if you had more meaningful conversations and spent less time shooting the bull? My guess is no but there is some evidence to the contrary.
With that in mind I submit this question, from Jon Haidt for discussion:
Suppose you faced this choice: if you choose option A, then tomorrow your life would become wonderful, full of happiness until you are 80, at which point you have 1 year of misery, feeling that your life was a mistake and a failure, and then you die unhappy. If you choose option B, you become miserable tomorrow, and until you are 80 you feel like a wretched failure. Then, at 80, you achieve a kind of epiphany, find meaning, and feel that your whole life was deeply worthwhile. Then you die. Whichever option you choose, your memory of choosing is wiped out, and you just live out the life that you chose without knowing why it is happening. Which option would you choose? Why?
Tuesday, June 8, 2010
Attachment
- Judgment / Thinking things through
- Perspective / Wisdom
- Self-regulation / Self-control
- Prudence
- Humor (and I thought my jokes were bad)
- Vitality / Enthusiasm
- Love
- Leadership
- Mercy / Forgiveness
- Appreciation of art

