nhaliday + bootstraps   28

Relative Effects of Forward and Backward Planning on Goal PursuitPsychological Science - Jooyoung Park, Fang-Chi Lu, William M. Hedgcock, 2017
Compared with forward planning, backward planning not only led to greater motivation, higher goal expectancy, and less time pressure but also resulted in better goal-relevant performance. We further demonstrated that this motivational effect occurred because backward planning allowed people to think of tasks required to reach their goals more clearly, especially when goals were complex to plan. These findings suggest that the way people plan matters just as much as whether or not they plan.
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september 2017 by nhaliday
Young Men Are Playing Video Games Instead of Getting Jobs. That's OK. (For Now.) - Reason.com
This is like a reversal of the industrious revolution studied in my JEBO paper: new consumption technologies are money cheap but time pricey

participation has changed along an understudied margin of labor supply. I find that “in-and-outs”—men who temporarily leave the labor force—represent a growing fraction of prime age men across multiple data sources and are responsible for roughly one third of the decline in the participation rate since 1977. In-and-outs take short, infrequent breaks out of the labor force in between jobs, but they are otherwise continuously attached to the labor force. Leading explanations for the growing share of permanent labor force dropouts, such as disability, do not apply to in-and-outs. Instead, reduced-form evidence and a structural model of household labor supply both indicate that the rise of in-and-outs reflects a shift in labor supply, largely due to the increasing earnings of men’s partners and the growth of men living with their parents.

Pointer from Tyler Cowen. My thoughts:

1. When we think of labor force participation declining, we think of, say, John Smith, deciding to never work again. What this paper is saying is that the statistics reflect something different. One month Smith takes a break, then next month he gets a job and Tom Jones takes a break.

2. I think we have always had a large number of workers who are not fully employed year round. That is, there have always been a lot of workers who take breaks between jobs. This is common in construction work, for example.

3. I don’t know if this matters for the phenomenon at hand, but we used to have inventory recessions. In those cases, workers would be out of a job for a while, but they would still be in the labor force, because they were waiting to be recalled by the firm that had laid them off.

4. It seems to me that this is an important paper. Re-read the last sentence in the quoted excerpt.

Job outlook growing worse for young American men: https://www.courier-journal.com/story/opinion/contributors/2018/01/02/job-outlook-growing-worse-young-american-men-opinion/996922001/
As one might imagine, the absence of a job, quality education, or spouse has not bred otherwise productive citizens. Multiple studies have found that young men have replaced what would otherwise be working hours with leisure time at a near 1-1 ratio. Erik Hurst, an economist at the University of Chicago, found that young men spent a startling 75 percent of this leisure time playing video games, with many spending more than 30 hours a week gaming and over 5 million Americans spending more than 45 hours per week.

Higher suicide rates, violent crime, and drug addiction among young men have followed. Suicide rates in the United States are at a 30-year high, with men more than three and a half times more likely to take their own lives than women. Around the United States, violent crimes, homicide in particular, has increased in two-thirds of American cities, with overwhelming young male perpetrators driving the increase. A 2015 Brookings Institute study estimated that nearly half of working-age American men who are out of the labor force are using painkillers, daily.

These problems have been “invisible” for too long.

As video games get better, young men work less and play more: http://review.chicagobooth.edu/economics/2017/article/video-games-get-better-young-men-work-less-and-play-more

Why Are Prime-Age Men Vanishing from the Labor Force?: https://www.kansascityfed.org/~/media/files/publicat/econrev/econrevarchive/2018/1q18tuzemen.pdf

Prime-Age Men May Never Return to U.S. Workforce, Fed Paper Says: https://www.bloomberg.com/news/articles/2018-02-23/prime-age-men-may-never-return-to-u-s-workforce-fed-paper-says
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june 2017 by nhaliday
Living with Inequality - Reason.com
That's why I propose the creation of the Tenth Commandment Club. The tenth commandment—"You shall not covet"—is a foundation of social peace. The Nobel Laureate economist Vernon Smith noted the tenth commandment along with the eighth (you shall not steal) in his Nobel toast, saying that they "provide the property right foundations for markets, and warned that petty distributional jealousy must not be allowed to destroy" those foundations. If academics, pundits, and columnists would avowedly reject covetousness, would openly reject comparisons between the average (extremely fortunate) American and the average billionaire, would mock people who claimed that frugal billionaires are a systematic threat to modern life, then soon our time could be spent discussing policy issues that really matter.

Enlightenment -> social justice: https://twitter.com/GarettJones/status/866448789825105920
US reconquista: https://twitter.com/AngloRemnant/status/865980569397731329
envy and psychology textbooks: https://twitter.com/tcjfs/status/887115182257917952

various Twitter threads: https://twitter.com/search?q=GarettJones+inequality


Civilization means saying no to the poor: https://bonald.wordpress.com/2017/11/18/civilization-means-saying-no-to-the-poor/
Although I instinctively dislike him, I do agree with Professor Scott on one point: “exploitation” really is the essence of civilization, whether by exploitation one simply means authority as described by those insensible to its moral force or more simply the refusal of elites to divulge their resources to the poor.

In fact, no human creation of lasting worth could ever be made without a willingness to tell the poor to *** off. If we really listened to the demands of social justice, if we really let compassion be our guide, we could have no art, no music, no science, no religion, no philosophy, no architecture beyond the crudest shelters. The poor are before us, their need perpetually urgent. It is inexcusable for us ever to build a sculpture, a cathedral, a particle accelerator. And the poor, we have it on two good authorities (the other being common sense), will be with us always. What we give for their needs today will have disappeared tomorrow, and they will be hungry again. Imagine if some Savonarola had come to Florence a century or two earlier and convinced the Florentine elite to open their hearts and their wallets to the poor in preference for worldly vanities. All that wealth would have been squandered on the poor and would have disappeared without a trace. Instead, we got the Renaissance.

Reward the lawless; punish the law abiding. Complete inversion which will eventually drive us back to the 3rd world darkness whence we came.

This idea that a group is only honorable in virtue of their victimization is such a pernicious one.
for efficiency, just have "Victims of WASPs Day." A kind of All Victims' Day. Otherwise U.S. calendar will be nothing but days of grievance.
Bonald had a good bit on this (of course).
Steve King is supposedly stupid for claiming that Western Civilization is second to none. One might have supposed that Catholics would take some pride as Catholics in Western civilization, a thing that was in no small part our creation. Instead, the only history American Catholics are to remember is being poor and poorly regarded recent immigrants in America.

Don't even bother with the rat race if you value big family. I won the race, & would've been better off as a dentist in Peoria.
.. College prof in Athens, OH. Anesthesiologist in Knoxville. State govt bureaucrat in Helena.
.. This is the formula: Middle America + regulatory capture white-collar job. anyone attempting real work in 2017 america is a RETARD.
.. Also unclear is why anyone in the US would get married. knock your girl up and put that litter on Welfare.
You: keep 50% of your earnings after taxes. 25% is eaten by cost of living. save the last 25%, hope our bankrupt gov doesn't expropriate l8r
The main difference in this country between welfare and 7-figure income is the quality of your kitchen cabinets.

wtf: https://www.bls.gov/ooh/healthcare/dentists.htm
$159,770 per year
$76.81 per hour

18% (Much faster than average)

Admission into dental school is highly competitive. Along with undergraduate performance, students are evaluated for their Dental Admissions Test (DAT) scores. Students have the opportunity to take this test before graduating college. After gaining admission into dental school, students can go on to complete four years of full-time study to earn the Doctor of Dental Surgery or Doctor of Dental Medicine. Students typically spend the first two years learning general and dental science in classroom and laboratory settings. They may take courses like oral anatomy, histology and pathology. In the final years, dental students participate in clinical practicums, gaining supervised, hands-on experience in dental clinics.

Career ideas for the minimally ambitious dissident who wants to coast, shitpost, & live well:
- econ phd -> business school prof
- dentistry
- 2 years of banking/consulting -> F500 corp dev or strategy
- gov't bureaucrat in a state capital
Bad career ideas, for contrast:
- law
- humanities prof
- IT
- anything 'creative'

[ed.: Personally, I'd also throw in 'actuary' (though keep in mind ~20% risk of automation).]
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june 2017 by nhaliday
The More Parents Pass on Earning Power to Offspring, the Weaker the Argument for..., Garett Jones | EconLog | Library of Economics and Liberty
...the welfare state as social insurance.

After all, if you know how your kids are going to turn out, what's there to insure against? Sure, you'd like to grab resources from other people--the raiding party has a long history--but it's only when you're not sure how your kids will turn out that you start fretting over whether insurance markets face major market failures and whether government-mandated redistribution can fix those market failures.


The Great Gatsby Curve has made the rounds recently, showing that in countries with higher income inequality, your parent's income does a better job predicting your income. One version from Chrystia Freeland, author of the new book Plutocrats (source: WonkBlog).


Coda: I'm trying to get in the habit of often using "productivity" instead of "income" or "earnings." I use the term neutrally, referring to private productivity not overall productivity, so a successful raiding party is just as productive as a McDonald's.

Subcoda: I saw Freeland speak about her book earlier this year, and she places substantial weight on productivity-side explanations for the rise of the new plutocracy.
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march 2017 by nhaliday
dk on Twitter: "Fall of paternalistic environment/institutions 4 helping ppl stop procrastinate disproportionately hurt low SES ppl: https://t.co/8EW0R1AkMs https://t.co/9LKnU8kjeb"
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march 2017 by nhaliday
It's Beyond My Control: A Cross-Temporal Meta-Analysis of Increasing Externality in Locus of Control, 1960-2002 - Dec 21, 2016
Two meta-analyses found that young Americans increasingly believe their lives are controlled by outside forces rather than their own efforts. Locus of control scores became substantially more external (about .80 standard deviations) in college student and child samples between 1960 and 2002. The average college student in 2002 had a more external locus of control than 80% of college students in the early 1960s. Birth cohort/time period explains 14% of the variance in locus of control scores. The data included 97 samples of college students (n = 18,310) and 41 samples of children ages 9 to 14 (n = 6,554) gathered from dissertation research. The results are consistent with an alienation model positing increases in cynicism, individualism, and the self-serving bias. The implications are almost uniformly negative, as externality is correlated with poor school achievement, helplessness, ineffective stress management, decreased self-control, and depression.

cultural or biological?
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march 2017 by nhaliday
Redistributing from Capitalists to Workers: An Impossibility Theorem, Garett Jones | EconLog | Library of Economics and Liberty
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february 2017 by nhaliday
A Systematic Review of Personality Trait Change Through Intervention
gwern: https://plus.google.com/103530621949492999968/posts/6kFWRkUTXSV
Messy (noticeable levels of publication bias, high heterogeneity), but results look plausible: 8-week+ interventions can improve emotional stability and neuroticism, change Openness and Extraversion somewhat, but leave Conscientiousness largely unaffected.

hbd chick/murray: https://twitter.com/hbdchick/status/818138228553302017

- 8-week intervention -> d=.37 after (an average of) 24 weeks
- after 8 weeks, strong diminishing returns
- pretty much entirely self-report
- good page-length discussion of limitations at end
- there was actually a nonzero effect for conscientiousness (~.2). not sure it would remain w/o publication bias.
- what's the difference between Table 2 and 3? I guess RCT vs. something else? why highlight Table 2 in abstract then?
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january 2017 by nhaliday
List Of Passages I Highlighted In My Copy Of “Willpower” | Slate Star Codex
A psychoanalyst named Allen Wheelis in the late 1950s revealed what he considered a dirty little secret of his profession: Freudian therapies no longer worked the way they were supposed to. In his landmark book, The Quest For Identity, Wheelis described a change in character structure since Freud’s day. The Victorian middle-class citizens who formed the bulk of Freud’s patients had intensely strong wills, making it difficult for therapists to break through their ironclad defenses and their sense of what was right and wrong. Freud’s therapies had concenctrated on wayhs to break through and let them see why they were neurotic and miserable, because once those people achieved ionsight, they could change rather easily. By midcentury, thought, people’s character armor was different. Wheelis and his colleagues found that people achieved insight more quickly than in Freud’s day, but then the therapy often stalled and failed. Lacking the sturdy character of the Victorians, people didn’t have the strength to follow up on the insight and change their lives.
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may 2016 by nhaliday

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