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I have a job interview tomorrow, very inconvenient on the eve of the eve of my first final. When I first saw the job ad it seemed like a good fit and the company did a good job of hyping itself up (they have an on-site gym). All my interactions thus far have been with a particularly inhuman HR department*, assuring me that I’m walking back into another soulless corporation.

After a year of living as a poor graduate student, the prospect of a regular pay check is enticing. The job also seems like a step up from what I’ve done in the past, but I never liked what I did in the past.

I hope this blog still doesn’t show up when my name is googled. Hopefully near-future posts will be more upbeat.

*I’m not trying to insult the persons I’ve talked to, the inhumanity stems from the fact that they seem to have a lot of anal protocal to follow.

The Setup

A friend of mine had good connections to get interviews to work as an investment banker when he graduated from college. He didn’t take advantage because he didn’t want to work 100+ hours a week. Instead he has worked a variety of jobs that he hasn’t been very happy with, and occasionally laments not giving Wall Street a chance.
Today I was pulled into an email discussion about whether or not recent market events should make him happy he chose the path he did. I was alone arguing that even if he was currently losing his fortune and at risk of losing his job he still might be happier had he been an investment banker. The two arguing that he was better off not giving his life to his job at 23 are two of the most career oriented people I know under 30. I pointed out the oddity of our positions, considering I was sitting at a coffee shop by the beach at 11:30 on a monday morning, and had bought my refreshment with student loan money.
The response was that the grass is always greener on the other side. Finally getting me to my point.

The Best Email I Wrote Today

The grass is pretty fucking green where I’m sitting.

A Tangent

Suppose that my friends overall happiness since graduating from college is higher than it would’ve been had he been an investment banker. Let’s also suppose that his overall happiness would have been higher had he been a rich Wall Street type and the financial collapse didn’t happen (so the current path is better soley because of the financial collapse). Did he still make the right choice?
My point being that looking at decisions in retrospect, is it fair to judge them with full hindsight, or should they be judged by what we knew at the time? I would argue the latter.
It’s also a nice example of how the black swan theory can be applied to personal decisions. If you decide to follow road A, imagine some horrible scenarios that the road could take you to (like devoting your life to a job just for money and then losing everything). Then consider the likelihood. Even if the chance is small, if it’s bad enough you might want to take road B. Of course the same considerations should be made about road B.

In true Workings for Suckers fashion, I’ve been trying to quit my job this week. Every time I do my boss is either gone or gives me a ‘No Time!’ Her love of pretending to be busy used to be funny, but I’m losing my patience.

This might not amuse the blog-o-sphere as much as it does me, but a co-worker found this picture of my boss online:

She doesn’t usually look that pleasent around the office.

A female middle aged cubicle neighbor told me I look like a partier today at work. I’m not sure how to take that, but I don’t think I like it. I would’ve argued if I hadn’t had a six pack last night.

In unrelated news, I don’t usually click on ads for dating sites, but I couldn’t pass up on this one.

One of the key concepts to the working is for suckers proof is known as the Easterlin paradox. As you know, the Eastern paradox states that increased wealth, in the form of economic growth, does not lead to increased happiness. So clearly, working which makes few people happy and many people sad, for more money, which doesn’t make you happy, is for suckers.

Once again, the liberal media has shaken my world view. The New York Times reports on a paper that offers a rebuttal to the Easterlin paradox. I haven’t read the paper, but if this is true I might have to re-name the blog and start paying attention to what’s going on around the cubicle farm.

Hat tip (on perhaps the opposite) to Marginal Revolution.

The man took away my casual friday this week, something about a client visit. This upsets me, and it upsets me that this upsets me. Casaul Friday is a silly idea, why do I care that I can’t wear jeans to work for one day?

It occurs to me that other things about cubicle life upset me in relation to the principles I had when I was a younger (poorer) lad. I’m not very happy how good I am with Excel. I find spreadsheets to be an excellent symbol of…while I’m not sure. But they symbolize something, and I’m part of the problem, not the solution.

I would like to remedy these problems with a job that involves no dress code (even for client visits) and requires no use of spreadsheets, or anything else that puts collections of numbers and letters into 2X2 grids.

I think I might be asking too much.

ps I wanted to put a bubble of Lumberg in the above picture telling me I have to wear slacks tomorrow, but my Photoshop is screwy.

Tyler at Marginal Revolution asks his readers (lucky bastard has readers) for great years for individuals compared to Al Gore who has received an Oscar, a Nobel Peace prize and wrote a bestseller.

While 2007 hasn’t been long on awards for me, I did quit my job travel around Central America, relocate to San Diego and hopefully quit a second job. I love quitting jobs. I also started a noteworthy blog.

I never worried about what I was going to do when I grew up until my last semester in college. Looking back, I had a sense of entitlement, I’d have a good career cause I was smart. I now realize that you have to pick a career in order to have one.

I’ve considered a few, but I enjoy moving on to the next one before I even try the last one. Actuarial work sure seemed boring (that was a good decision), academia seems nice, but so much work just to get in…

The good news is that pretty soon I’ll have crossed just about everything off the list of possibilities, which will probably lead to me being a lawyer. So sad.

I just finished reading A Farewell to Alms because Tyler Cowen told me to. It was dense. It was interesting at times, but not as intersting as I’d hoped. Nor did it delivered the promised explanation for the divergence in wealth across countries since the industrial revolution.

The jist of the book (stop reading here if you’re going to read the book): before the industrial revolution, technological gains lead to larger populations, not richer ones. The industrial revolution happened, but it was more gradual and diffuse than is normally assumed. After the industrial revolution, people in some parts of the world got a lot richer, and some didn’t get any richer, and some might be poorer. The reason some are poorer is probably due to lower output per worker, but there’s no good explanation why. If I misintepreted the book, I apologize to Mr. Clark. If I didn’t I just savedd you 370 or so pages of reading. Your welcome.

I do like Mr. Cowen’s idea of blog book discussion, but I hope he picks something more interesting next time.

 

November 2009
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RSS I Read & Enjoyed…

  • Caplan on Education November 10, 2009
    How much does increasing college-going rates matter to our economy and society? Caplan: College attendance, in my view, is usually a drain on our economy and society. Encouraging talented people to spend many years in wasteful status contests deprives the economy of millions of man-years of output. If this were really an "investment," of course, it […]
    Alex Tabarrok
  • Dolphin markets in everything, Gresham's Law edition November 4, 2009
    I enjoyed this story: Kelly has taken this task one step further. When people drop paper into the water she hides it under a rock at the bottom of the pool. The next time a trainer passes, she goes down to the rock and tears off a piece of paper to give to the trainer. After a fish reward, she goes back down, tears off another piece of paper, gets another fi […]
    Tyler Cowen
  • How to improve basketball October 29, 2009
    Tim Miano writes to me: I am a longtime MR reader. I have a hypothesis about how basketball could be much more exciting, and I can't for the life of me figure out why people who are into sports haven't widely considered it (as least as far as I know).Here is my simple thought: games should be played as best 4 out of 7 periods -- perhaps 7 minutes e […]
    Tyler Cowen
  • The coin toss: not 50-50 after all October 25, 2009
    Using a high-speed camera that photographed people flipping coins, the three researchers determined that a coin is more likely to land facing the same side on which it started. If tails is facing up when the coin is perched on your thumb, it is more likely to land tails up. How much more likely? At least 51 percent of the time, the researchers claim, and pos […]
    Chris Blattman
  • Motorcycle helmet externality of the day October 13, 2009
    Our estimates imply that every death of a helmetless motorcyclist prevents or delays as many as 0.33 deaths among individuals on organ transplant waiting lists. Here is the paper and I thank Brent Wheeler for the pointer.  So should we mandate or tax the use of such helmets?
    Tyler Cowen
  • Sobering Reality September 28, 2009
    From Bill Easterly's, Can the West Save Africa.Hat tip to for the link and table to Hit and Run.
    Alex Tabarrok
  • The McFarthest spot September 27, 2009
    Strange Maps reports:Somewhere in South Dakota is the McFarthest Spot, the place in the US geographically most removed from the nearest McD’s...If you started out from this location, a few miles north of State Highway 20 (which runs latitudinally between Highways 73 in the west and 65 in the east), you’d have to drive 145 miles to get your Big Mac (if you co […]
    Tyler Cowen
  • Teacher Absence in the United States September 24, 2009
    Yesterday I looked at teacher absence in the developing world, highlighting India where a quarter of teachers may be absent on a given day.  Teacher absence isn't that high in the United States but it is still shockingly high.  On a typical school day, 5-6% of teachers are absent, i.e. equivalent to an absence once every 20 days!Bearing in mind that the […]
    Alex Tabarrok