YANSS Podcast – Episode Six – Happy Money

The Topic: Spending Money

The Guest: Elizabeth Dunn

The Episode: DownloadiTunesStitcherRSSSoundcloud

Gatsby

Leonardo DiCaprio in The Great Gatsby – Source: Warner Bros.

Which would you rather have, a mansion the likes of Jay Gatsby, fully decorated and furnished or the memories of a month spent on the International Space Station? Would you rather own the kind of car they photograph for wall posters with doors that open in an unusual manner or spend a year practicing guitar for a chance to play a single show with the Red Hot Chili Peppers? How about $1,000 cash or a gourmet meal for you and your friends cooked by and enjoyed in the company of Gordon Ramsay? Assuming in each of these scenarios you can only have one and never have the other, which would you pick?

When asked similar questions, most people choose the tangible things over the experiences. The material items just seem more valuable in the long run, and cash always seems more practical than a fleeting indulgence. Yet the research says if you are seeking long-term happiness, nothing compares to unique experiences, even short experiences, even bad experiences. Over time, things lose their luster, but memories do not. Memories grow and spread inside your mind like a tree that can always be harvested of its fruit. They become a part of you, increasing in value as you age and continuously providing stories and smiles long after a nice car becomes just a way to get to Taco Bell or a nice house becomes the place where you watch Breaking Bad before going to bed.

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Survivorship Bias

The Misconception: You should focus on the successful if you wish to become successful.

The Truth: When failure becomes invisible, the difference between failure and success may also become invisible.

Illustration by Brad Clark

Illustration by Brad Clark at http://www.plus3video.com

In New York City, in an apartment a few streets away from the center of Harlem, above trees reaching out over sidewalks and dogs pulling at leashes and conversations cut short to avoid parking tickets, a group of professional thinkers once gathered and completed equations that would both snuff and spare several hundred thousand human lives.

People walking by the apartment at the time had no idea that four stories above them some of the most important work in applied mathematics was tilting the scales of a global conflict as secret agents of the United States armed forces, arithmetical soldiers, engaged in statistical combat. Nor could people today know as they open umbrellas and twist heels on cigarettes, that nearby, in an apartment overlooking Morningside Heights, one of those soldiers once effortlessly prevented the United States military from doing something incredibly stupid, something that could have changed the flags now flying in capitals around the world had he not caught it, something you do every day.

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YANSS Podcast – Episode Five – The Authenticity Hoax

The Topic: Selling Out

The Guest: Andrew Potter

The Episode: Download – iTunes – Stitcher – RSS – Soundcloud

Andrew Potter is the guest on this episode of the You Are Not So Smart podcast. He wrote the book The Authenticity Hoax and co wrote The Rebel Sell.

Both books present an upside-down view of the quest to avoid the mainstream and seek out the authentic. The books help explain how it came to be that so many people seem concerned about selling out both as a consumer and a producer. Most interesting though is Potter’s assertion that there really is no such thing as authenticity when you get right down to it. As he puts it, “there could never be an authenticity detector we could wave at something, like the security guards checking you at the airport.” Oh, and he says countercultures actually create the mainstream they rebel against.

According to Potter, a giant portion of modern people living in industrialized Western nations eventually notice just how much consumerism and conformity intrudes on their daily lives, and they seek release. The average person watching an interview of a reality television star on a 24-news-network following a musical performance by the latest winner of America’s Top Pawn Wife after a breakdown of what is trending on YouTube while commenting on an Instagram photo on Facebook on an iPad on a treadmill in the gym between advertisements for antidepressants and movies about mall cops who befriend talking ferrets will understandably feel a bit overwhelmed from time to time. The urge to walk away from all of that and get lost in the most obscure thing you can find, the most distant and untouched landscape you can visit, the least processed or marketed product you can put in your body, is strong and understandable and healthy, but Potter says it is ultimately futile.

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YANSS Podcast – Episode Four – The Self Illusion

The Topic: The Self

The Guest: Bruce Hood

The Episode: Download – iTunes – Stitcher – RSS – Soundcloud

Russian Dwarf Hamster – Photo by cdrussorusso

You are a pile of atoms.

When you eat vanilla pudding, which is also a pile of atoms, you are really just putting those atoms next to your atoms and waiting for some of them trade places.

If things had turned out differently back when your mom had that second glass of wine while your dad told that story about when he sat on a jellyfish while skinny dipping, the same atoms that glommed together to make your bones and your skin, your tongue and your brain could have been been rearranged to make other things. Carbon, oxygen, hydrogen – the whole collection of elements that make up your body right down to the vanadium, molybdenum and arsenic could be popped off of you, collected, and reused to make something else – if such a seemingly impossible technology existed.

Like a cosmic box of Legos, the building blocks of matter can take the shape of every form we know of from mountains to monkeys.

If you think about this long enough, you might stumble into the same odd questions scientists and philosophers ask from time to time. If we had an atom-exchanging machine, and traded one atom at a time from your body with an atom from the body of Edward James Olmos, at what point would you cease to be you and Olmos cease to be Edward James? During that process, would you lose your mind and gain his? At some point would each person’s thoughts and dreams and memories change hands?

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YANSS Podcast – Episode Three – Confabulation

The Topic: Confabulation

The Guest: V.S. Ramachandran

The Episode: iTunes – Download – Stitcher – RSS – Soundcloud

Caden Cotard in Synecdoche, New York. Source: Sony Pictures Classics

As a motto for the sapient, “cogito ergo sum” is pretty fantastic. Every time I’m reminded of it, a twinge of pride flows through my veins. It makes me want to stand up straight and pronounce proudly to my cat, “I think, therefore I am,” and then take his blank stare and plaintive meow as confirmation of my vitality. To be human is to know you exist. It is to know you are, and to know you are you.

It’s fitting that Jules Cotard, a man who was a close friend of the philosopher Auguste Comte, would find a way to dull the edge of Descartes’ famous proclamation. In an era preceding automobiles and airplanes, Cotard transferred his interest in the philosophy of being into the medicine of being – neurology – and after serving as a military surgeon in 1870, Cotard joined a clinic that did what it could with the knowledge of the day. Cotard and others at the clinic treated those with what one lecturer at the time called “madness in all its forms.”

Cotard was one of the pioneers of neuroscience, connecting behavior to the physical locations in the brain. As he progressed in his career he became particularly interested in patients who exhibited aphasia, or difficulties with language. He would follow those patients past death to the autopsy table in search of the cause of their maladies, and he encouraged other doctors to do the same. Considering his background in philosophy, it must have been astonishing when he found a patient devoid of a sense of self. In 1880, Cotard introduced a newly identified medical condition to the world. He called it “delire des negations,” or negation delirium. Essentially, he had discovered a condition in which a person thought, “I think, therefore I’m not.”

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YANSS Podcast – Episode Two – The Illusion of Knowledge

The Topic: The Illusion of Knowledge

The Guest: Christopher Chabris

The Episode: iTunesDownloadStitcherRSS – Soundcloud

Remember when the United States stock market crashed a few years back? You know, the implosion famously featuring credit default swaps and collateralized debt obligations? Does it seem strange to you that all those experts who couldn’t predict the economic collapse are still on television giving advice and offering predictions?

The people who were wrong continue to work because they provide you with an illusion of knowledge, a belief that the market can be understood by one person, and that person’s understanding can become your understanding. They continue to claim insight into chaotic, impossibly complex nebulae of shifting data, and they continue to profess powers of divination even though research shows they are slightly less reliable than a coin toss. They can still get paid to squawk because they continue to make their claims with confidence. No one wants a sage who deals in maybes.

Take a look at those bicycles at the top of this post. Which one would you say is the most accurate portrayal of a real bike? Psychologist Rebecca Lawson once put together a study that revealed even though most people are very familiar with bicycles and know how to ride them, they can’t draw one to save their lives, and they can’t even pick a proper one out of a lineup. Despite this, most people rate their knowledge of how a bicycle works as being very good. Remember that when someone claims to understand something a bit more complicated, like a sub-prime mortgage. (This is a picture of a real bicycle.)

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Formal Sweatpants Procrastination Comic

Josh Mecouch over at Formal Sweatpants created a new comic based on a YANSS post a while back on procrastination. Thanks, Josh. This is great. That post discussed the concept of future self vs. present self, and how present bias affects your ability to predict how you will behave and make choices over time.

You may see some future collaborations between YANSS and FS, stay tuned. Until then, here is the comic:

Links:

Formal Sweatpants

Procrastination

Procrastination Video

YANSS Podcast – Episode One – The Invisible Gorilla

The Topic: Attention

The Guest: Daniel Simons

The Episode: iTunesDownload – RSS – Soundcloud

The video above demonstrates the Monkey Business Illusion. It’s designed to fool both people who have and have not seen the selective attention test, a video on YouTube with over 5 million views.

The first post at You Are Not So Smart was about inattentional blindness. I had seen the selective attention test and the Test Your Awareness videos that were making the rounds on YouTube, and I knew inattentional blindness would make a great first topic. It is astounding to realize you’ve been lying to yourself about what gets into your brain through your eyeballs.

What is inattentional blindness? It’s missing something right in front of your eyes because you are paying attention to something else. What makes that a great topic for You Are Not So Smart is that this blindness is always part of experience, but you can spend a lifetime without ever knowing it happens. You tend to have an intuition and a belief that you see everything you are facing, and if something out of the ordinary was to happen, it would instantly grab your attention. Not so. Science has revealed you are basically blind to that which you are not attentive, yet your conscious experience and your memories don’t reflect this. That’s the epiphany that slams into your brain when you watch the original invisible gorilla video.

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The Overjustification Effect

The Misconception: There is nothing better in the world than getting paid to do what you love.

The Truth: Getting paid for doing what you already enjoy will sometimes cause your love for the task to wane because you attribute your motivation as coming from the reward, not your internal feelings.

Office Space – Courtesy Twentieth Century Fox

Money isn’t everything. Money can’t buy happiness. Don’t live someone else’s dream. Figure out what you love and then figure out how to get paid doing it.

Maxims like these often find their way into your social media; they arrive in your electronic mailbox at the ends of dense chains of forwards. They bubble up from the collective sighs of well-paid boredom around the world and get routinely polished for presentation in graduation speeches and church sermons.

Money, fame, and prestige – they dangle just outside your reach it seems, encouraging you to lean farther and farther over the edge, to study longer and longer, to work harder and harder. When someone reminds you that acquiring currency while ignoring all else shouldn’t be your primary goal in life, it feels good. You retweet it. You post it on your wall. You forward it, and then you go back to work.

If only science had something concrete to say about the whole thing, you know? All these living greeting cards dispensing wisdom are great and all, but what about really putting money to the test? Does money buy happiness? In 2010, scientists published the results of a study looking into that very question.

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