What we buy versus what makes us happy

Geoffrey Miller has just published a new book, Spent: Sex, Evolution and Consumer Behavior. I haven't read it yet, but I am now ordering it, based on Miller's terrific prior work (see here, for example). In the meantime, I did enjoy this NYT blog review of Spent, which includes this provocative question:

List the ten most expensive things (products, services or experiences) that you have ever paid for (including houses, cars, university degrees, marriage ceremonies, divorce settlements and taxes). Then, list the ten items that you have ever bought that gave you the most happiness. Count how many items appear on both lists.

If you're looking for simplistic answers, you won't get them from Miller. I won't spoil the answers he obtained or his analysis of those answers, but you'll find them here. [addendum] I found this one item refreshingly honest. Refreshingly, because I know a lot of parents, I see their faces, I hear their complaints (and their exhultations). I know that it's PC to say that having children is a continuous wonderful joy and that all parents are glad they did had children. Miller's research suggests that the answer is not this simple:

[Here's an answer that appears [much more on the ‘expensive’ than on the ‘happy’ lists [includes] Children, including child care, school fees, child support, fertility treatments. Costly, often disappointing, usually ungrateful. Yet, the whole point of life, from a Darwinian perspective. Parental instincts trump consumer pleasure-seeking.

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Matt Taibbi goes to war against Goldman Sachs

Rolling Stone's Matt Taibbi is one of my heroes. I've often recommended his investigative pieces at DI. Taibbi's latest Rolling Stone article is an all-out attack on Goldman Sachs as the culprit behind the bubbles and busts. No, they don't "just happen." [Note: the full article is here]. No, Goldman Sachs isn't the only culpable entity, but Goldman serves well as a deserving target for the kinds of criminal abuses that have destabilized the U.S. economy and crushed the savings of so many people. Here's one example of many by Taibbi, this one explaining how it was that so many shitty mortgages were approved by lenders across the United States. Step One for this problem (as it is for so many other problems with the economy) is to eliminate sane standards for evaluating the economic worth of commodities, individuals and entities. The first step has the intentional function of destroying the possibility of honest valuation, thereby setting the stage for confusing and misleading investors:

Goldman's role in the sweeping global disaster that was the housing bubble is not hard to trace. Here again, the basic trick was a decline in underwriting standards, although in this case the standards weren't in IPOs but in mortgages. By now almost everyone knows that for decades mortgage dealers insisted that home buyers be able to produce a down payment of 10 percent or more, show a steady income and good credit rating, and possess a real first and last name. Then, at the dawn of the new millennium, they suddenly threw all that shit out the window and started writing mortgages on the backs of napkins to cocktail waitresses and ex-cons carrying five bucks and a Snickers bar.

Beware, that if you watch the videos of Taibbi explaining this blatant robbery of investors and taxpayer, as well as the Democrat complicity with this mess, you will seethe. You will feel betrayed.

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Yea, Though He Walks Through the Shadow of Nooky

I felt sympathy for Mark Sanford at first. I did. Gone are the days when journalists would respect a politician's private life: it must be awful to live in the D.C. fishbowl. And, after all, he wasn't just screwing around. The guy fell in love. We can all relate to that. But Sanford lost me when he compared himself to King David. I mean, c'mon. King David? (Does that sort of thing really work with "values voters"? Do they think, Oh, yeah--Governor Sanford is just like King David, who was J.C.'s ancestor, sort of, and a great king and a really nifty songwriter, so let's let Sanford keep his job, at least until his son starts sleeping with his concubines--?) Talk about hubris. Anyhoo. Chris Kelly blogs for the Huffington Post and writes for Bill Maher and is, IMHO, one of the funniest men in America. Yesterday, on HuffPo, Kelly posted a piece about Sanford titled God is My Doorman, which highlights Governor Itchypant's egomania and translates some of his Godspeak. Enjoy. http://www.huffingtonpost.com/chris-kelly/god-is-my-doorman-mark-sa_b_223472.html

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Going Off Script

Mind you, I am not defending Governor Sanford, not really. But I have to admit to being pleasantly surprised at his current stance, vis a vis his affair. "I will be able to die knowing that I had met my soul mate," he said in an interview. So many public figures indulge in affairs, get caught, and then drag the whole thing out in a back yard lot, pour gasoline on it, and set it ablaze in a spasm of self-loathing apologetics. I suppose the most dramatic was Jimmy Swaggart, weeping openly on television, going through a self-flagellation of Medieval proportions, at least psychologically. And he was "forgiven" by his followers. It seemed for a time that Sanford's supporters were getting set to forgive him. "Okay," they seemed to say, "you have a fling, it could happen to anybody, but now you're back, you've abased yourself, your wife is going to forgive you, we can go on." But wait. Now he has come out and gone off-script. He was in love with Maria Belen Chapur, and still is. They met in 2001, at the onset of our eight-year-long Republican convulsion over public morality and national meltdown in global politics. The Republican Party named for itself the "high ground" of moral probity, condemning liberalism as somehow not only fiscal irresponbsible but the ideology of license and promiscuity. Democrats have been caught in extramarital affairs, no question. But most of them did not sign on to any puritanical anti-sex purgation program. The Republicans, who stand foursquare in opposition to gay marriage, sex education, pre-marital sex, contraception, divorce, pornography, and just about anything that suggests an embrace of physical pleasure outside the narrow parameters of a biblical prescription for wedded bliss (all without obviously understanding just what biblical standards actually are) seem to be having more than their share of revelatory faux pas in this area. They are the party now of "Do What I Say Not What I Do"---a parenting stance that has long since lost any credibility. Polls and surveys and studies suggest that conservatives generally have a bigger problem with pornography than do liberals. Likewise, it seems conservative men of power screw around a lot more than do liberals in similar positions.

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Want to know what I think?

That's why you're on the internet, cruising the interblargosphere. You're looking for things to read that you might not necessarily agree with but which spark your interest because you're always on the lookout for a new take or new point of view on something. It might even be something you already have a definite opinion on, but you read on because you like reading things that make you think regardless of whether you agree with them. You're all about soaking up as many differing viewpoints as you can, but you've no interest in entering a comment-battle so if you do object, you do so in silence (possible but unlikely). You may be looking for things to read that you already know you agree with and very little else (more likely). You may even be looking for things to read that not only contradict you but flat-out piss you off in order to inspire you to write a post for the blog you've been neglecting (if you have a blog, that's almost a given). I'll admit I’m one who trawls for material to inspire my personal outrage, vicious condemnation and inordinately long & verbose sentences, but it’s not a new addition to my activity budget. Long before the internet I was fond of writing essays, treatises, critiques, manifestos, poems (gah!) or comic strips about things which annoyed or intrigued me, or into which I'd put an inordinate amount of idle thought. They were many & varied: a convoluted comparison between the dangers of running red lights at a pedestrian crossing on my BMX with doing the same in a car; a detailed essay on the specific mechanisms of “clown evil” and the macro-karmic reasons for their hideousness; my pseudo-Freudian theories on why some men spend inordinate lengths of time reading in the toilet, delaying every other resident not currently using a colostomy bag and glorying in their own pungent stench; a series of unnecessarily graphic limericks featuring my best friend, a busty wench and zombies. Before 1994 and my first experience with electronic mail I'd fax (yes, fax), post or hand these missives to my friends and see what reactions I'd get. They ranged from “meh” to humouring me, the occasional laugh, occasional indignant defensiveness and – more often than not – sideways looks and quiet voicings of concern for my mental stability (especially when my letters were illustrated). I didn't know it then, but with my unsolicited opinionated ranting, arguments for or against things noone was actually discussing in the real world and blatant & ridiculous attention-seeking behaviour, I was in Gilbert & Sullivan’s parlance the very model of a modern major pain the arse. In today’s terms: a blogger. So, no, it’s not a new thing for me and certainly not a new phenomenon for humanity either, this public sharing of opinion with people who don’t care. Celebrated Protestant Original Gangster, Martin Luther, is famous for publicly posting his disagreements . . .

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