Owning vs sharing: Don’t get caught in the ugly middle

In a tweet Paul Graham writes: “As buying and selling become easier, owning approaches sharing.” That describes my behavior regarding many objects, especially electronics: for as long as I’ve been buying Macs and Mac products, I’ve been selling the old versions on Craigslist for a third to half of their initial value. In some sense I’m actually leasing them, but using myself as the leasing agent. Although I’ve owned a car I actually prefer not to and Uber is accelerating the ability to rent cars when needed and avoid the hassles of ownership. Housing has of course long been both rented and owned, and like many economists I find the U.S. obsession with owning housing to be misguided.

But there are other ways too that owning approaches sharing in my life:

  • Old cameras and lenses get sold to fund new ones. Like Macs, they tend to retain a fair amount of value—usually about half for lenses and a third for camera bodies.
  • It’s not uncommon for me to sell books that look promising but don’t live up to expectations, almost always through Amazon (despite Amazon’s encourage for buyers to scam sellers; for objects worth less than $20 I don’t think the issue is overwhelmingly important).
  • Although I haven’t begun doing this yet, I think that selling bikes may be more economical than moving them. The last bike I moved from Tucson to New York was probably a net loss and should’ve been sold instead of shipped.

There are some items that still aren’t easily sold, like beds and furniture, in part because they’re heavy, in part because they can harbor bed bugs, and in part because they just aren’t that valuable. I don’t have the citation handy, but I’ve read that Ikea might be facilitating mobility by making it cheap and easy to setup new apartments: it’s possible to buy a couch, a chair, some dishes, a bed, and some shelves for under $1,000, in the course of an afternoon (although I’d prefer a Tuft & Needle bed, but that’s an aside).

Among my friends, city-to-city moves often entail dumping most of their stuff and buying it again at the destination, since the moving cost is too high to justify the hassle. That’s less true of me because I have a sit-stand desk and some other pretty expensive gear, but in this respect I’m in the minority. Keeping a minority of one’s stuff may also lead to a more satisfying, experience-rich life, at least for some people.

The habit of either having very expensive and durable stuff or throwaway stuff may also be indicative of the polarization of many domains, in which it makes sense to either buy or be the best, or buy throwaway stuff or don’t bother competing. Don’t get caught in the ugly middle. Like “Death before inconvenience,” “Don’t get caught in the ugly middle,” is something companies should contemplate.

Owning cars and houses in particular is just insanely expensive. In “The Cheapest Generation,” Derek Thompson and Jordan Weissmann observe that

Smartphones compete against cars for young people’s big-ticket dollars, since the cost of a good phone and data plan can exceed $1,000 a year.

But cars cost close to $10,000 a year, according to AAA—or at least an order of magnitude more than a phone. Even if other transportation expenses (Uber, bikes, subways (where available)) cost a couple thousand dollars, they’re still significantly cheaper than owning a car. And a phone plus a data plan enables those alternatives. Owning and sharing may be less opposed than they were once believed to be.

The Possessions Exercise (According to Geoffrey Miller)

I’m re-reading Geoffrey Miller’s books The Mating Mind and Spent: Sex, Evolution, and Consumer Behavior, partially for pleasure and partially because some of his ideas might make it into my dissertation. The latter book is worth reading if for nothing other than the exercises he lists at the end, including “The Possessions Exercise:”

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.

(This exercise ought to be conjoined with the reading of Paul Graham’s essay Stuff.)

For many people, I suspect that relatively few items appear on each list, although that might be projection on my own part.

I do a lot of work on my computer, so many of the “bought” items tend to be related to that: an iMac, an Aeron, a Kinesis Advantage. The “university degree” appears on both lists, although I suspect that I often appreciated the experience of being at a university for undergrad as much if not more than the classes I was actually putatively there to take.

The big takeway from Miller’s exercise is obvious: what we really value often isn’t what we pay the most for, but few of us realize that. We overvalue stuff, to use Paul Graham’s phrase, and we undervalue each other, learning, making things, and interpersonal experience.

Spent: Sex, Evolution, and Consumer Behavior — Geoffrey Miller

Spent: Sex, Evolution, and Consumer Behavior is worth reading, but only with a skeptical eye that will keep you from passively imbibe ideas like, “In a complex, media-rich society, perhaps only people with very good mental health can tolerate a high degree of openness without losing their equilibrium” (emphasis added). I suspect many if not most people would ignore “perhaps” and take away the larger message without questioning whether it has real backing. Like Malcolm Gladwell’s Outliers, Spent should be read but read with a doubter’s wariness of the false or ridiculous. Both Outliers and Spent tend to overstate their cases and exaggerate the power of the ideas they impart, and knowing that makes the books a better (and less misleading) read.

If I were in marketing or public relations, I would make sure to read Spent, if for no other reason than its unusual erudition relative to other pop science books and its delivery of a widely ignored framework for understanding products, branding and the like—including how individuals are turned off by branding and advertising as a reaction to it. I would like to imagine myself in the latter category but probably am not to the extent I would prefer. Spent might make me more so by acting as an inoculation against marketing.

One other structure note: Spent is probably three books: one about marketing, one about evolutionary mating theory, and one about consumerism. They’re not always integrated, but three good discrete books jumbled together definitely beat one indifferent standalone book.

I’ll begin with some of Spent’s problems:

1) Ignore the hokey dialog in Spent’s opening pages.

If I had read the first few pages of Spent in a book store, that might have turned me off it. The gimmick is annoying, yes, but don’t discard the book for that reason.

2) Miller puts too much stock into IQ testing and ignores or belittles the vast (and justifiably so) controversy around it.

In All Brains Are the Same Color, Richard E. Nisbett discusses some knowledge regarding the mutability of IQ tests in a racial context, but that context can be generalized to a broader domain. Malcolm Gladwell wrote about similar issues in None of the above: What I.Q. doesn’t tell you about race in The New Yorker, where he discusses the many problems of tests used to ascertain intelligence. He also wrote Outliers, which popularizes the “10,000 hours to mastery” idea. If the path to mastery is practice, people who conscientiously work toward improving IQ-like skills through schooling will in turn improve their scores. That most people don’t might more indicative of motivation or of institutional problems than of genetic intelligence, especially since we still can’t get much beyond correlation in measurements of it. If you want more support for Miller’s perspective, William Saletan’s Created Equal offers some in Slate. Miller says:

Human intelligence has two aspects that make it a bit confusing at first. There is a universal aspect: intelligence as a set of psychological adaptations common to all normal humans… Then there is an individual-differences aspect: intelligence as a set of correlated differences in the speed and efficiency of those natural human capacities…

But he again leaves out intelligence as a function of skill and training.

In any event, this post isn’t meant to be a rehashing or literature review of knowledge on intelligence testing; to perceive the arguments in full is practically a Ph.D. in itself given the history, breadth, and depth of such arguments. The evidence for absolute IQ heritability and genetic intelligence is far weaker than Miller presents it, and it’s frustrating that he doesn’t recognize this.

3) Some statements are vacuous (if interesting).

Miller writes:

Like most reasonable people, I feel deep ambivalence about marketing and consumerism. Their power is awe-inspiring. Like gods, they inspire both worshipful submission and mortal terror

That’s more than a little contrived, and whatever power marketing and consumerism have is power that we give them. Most people probably never or seldom consider either, at least not in the academic terms Miller uses. Still, he uses the section to comic effect, as when he notes the things “exciting and appalling” about consumerism and marketing, including “frappuccinos, business schools, In Style magazine, Glock handguns, Jerry Bruckheimer movies, Dubai airport duty-free shops… the contemporary art market, and Bangkok.”

4) Elitism runs through the book, even when it’s disguised.

This is in part a continuation of the second point. Take, for example, this:

If we do choose to ignore the marketing revolution, we do so because we are terrified of a world in which our elite ideals lose their power to control the fruits of technology. (If you have the leisure time, education, and inclination to read this book, you are obviously a member of the elite.)

The marketing revolution is only as important as we let it be. Much of marketing comes to us through TV and the Internet, but not owning a TV (preferably without being this guy) and Firefox’s Adblock Plus plugin go a long way toward neutering marketing.

I am reminded of a comment from Asher Lev’s uncle in My Name is Asher Lev: “I read. A watchmaker does not necessarily have to be an ignoramus.” So too with people in general.

Sometimes I’m susceptible to nodding through the elitist comments when they flatter my preconceived ideas, as with this statement:

People indoctrinated in hedonistic individualism, religious fundamentalism, or patriarchal nationalism—that is, 99 percent of humanity—are not accustomed to thinking imaginatively about how to change society through changing its behavioral norms and institutional habits.

That might be true, but might there also be a less snide way of stating it?

5) Maybe, maybe not.

I’m not convinced that “Marketing is central to culture,” which is the title of Spent’s third chapter, or at least not unless we’re to stretch marketing beyond a useful definition. I do like the way Miller calls marketing “… ideally, a systematic attempt to fulfill human desires by producing goods and services that people will buy.” Not that the actual marketing often lives up to that, but it’s impressive that Miller is willing to concede that given his ambivalence about the subject and his knowledge of how prone marketing and consumerism are to abuse.

Nations aren’t exactly marketing or signaling in all the examples Miller gives in his chapter “Flaunting Fitness,” like when he says that they “compete to show off their socioeconomic strength through wasteful public ‘investments’ in Olympic facilities, aircraft carriers, manned space flight, or skyscrapers.” Some of that is their for humorous effect, but aircraft carriers and manned space flight both improve their associated technologies enormously, giving us modern day marvels like GPS and massive cruise ships, while skyscrapers allow denser human interactions of the sort that my perhaps favorite economist, Edward Glaeser, describes in his many papers on the subject.

Strengths

The book is filled with ideas, which ought to be evident even from the weaknesses. Brilliant summations occur in places, as when Miller writes, “… plausible deniability and adaptive self-deception allow human social life to zip along like a maglev monorail above the ravines and crevasses of tactical selfishness, by allowing the most important things to go unsaid—but not unimagined.” The metaphor is overwrought, yes, but the sentiment reinforces the “Games People Play” chapter of Steven Pinker’s The Stuff of Thought. One can see ideas from his book reaching into others and vice-versa, which I consider a strength.

Humor

In talking about “Narcissism and Capitalism,” Miller says that the “core symptoms” of narcissism “lead narcissists to view themselves as stars in their own life stories, protagonists in their own epics, with everyone else a minor character. (They’re like bloggers in that way.)” The dig about bloggers too frequently rings true, even when given in jest.

Some of the funny parts of Spent might not be intended as such, as when Miller deadpans, “The typical Vogue magazine ad shows just two things: a brand name, and an attractive person.” Someone must think this is effective, and I wonder if those ads are part of the fifty percent of one’s advertising budget that’s wasted.

Another Brick

Nonfiction books like this one, most of Gladwell’s (questionable) work, Pinker’s, Ariely’s, and Zimbardo’s, along with the other recent pop professor books, are bricks in the road to greater understanding. They remind us of and help us correct our foibles, and even those of us who consider ourselves virtuous would do well to remember that “the renouncers [of materialism] remain awesomely self-deceived in believing that they have left behind the whole castle of self-display just by escaping the dungeon of runaway consumerism.” Instead, they take to other displays of taste, of artistic creation, of intellectual prowess, and the like, perhaps by writing book/literary blogs. Nonetheless, those activities are probably more socially productive than, say, McMansions, yachts, and SUVs. Spent helps us engage and grapple with those phenomena and our society as a whole, and even some of the weaknesses I enumerate above aren’t as weak as I imply, or else I wouldn’t spend as much time as I do.

(See also my earlier post about Spent and vacuous movies.)

(The New York Times also has a vacuous article about the book in the Times’ Science section. If I were one of those irritating triumphalist bloggers, I might point to this as an example of the superiority of Internet reporting.)

On marketing, movies, and Geoffrey Miller’s Spent: Sex, Evolution, and Consumer Behavior and more

In “Why are so many movies awful?“, I quoted the fascinating New Yorker story “The Cobra: Inside a movie marketer’s playbook:”

One of the oldest jokes in the business is that when a studio head takes over he’s given three envelopes, the first of which contains the advice “Fire the head of marketing.” Nowadays, though, former marketers, such as Oren Aviv, at Disney, and Marc Shmuger, at Universal, often run the studios. “Studios now are pimples on the ass of giant conglomerates,” one studio’s president of production says. “So at green-light meetings it’s a bunch of marketing and sales guys giving you educated guesses about what a property might gross. No one is saying, ‘This director was born to make this movie.’ ”

Geoffrey Miller’s book Spent: Sex, Evolution, and Consumer Behavior says:

That a company should produce what people desire, instead of trying to convince people to buy what the company happens to make, was a radical idea that seems obvious only in retrospect.

But maybe that theory works better in consumer goods purchases than in artistic or aesthetic fields, which movies are nominally supposed to be. The book so far intrigues even if its claims seem overstated; you can read more about it courtesy of Marginal Revolution here and here, which inspired me to get the book.

My guess so far at 40 pages in is that Spent will have lots of new ideas that don’t extend as far as Miller wants them to, but that it’s still a nice way to avoid mindless materialism (for more, see Paul Graham’s “Stuff” or Alain de Botton’s The Consolations of Philosophy) without resorting to overwrought pieces like Marx’s “Commodity Fetishism” or Horkheimer and Adorno’s The Dialectic of Enlightenment. As Miller says on page 16, “Evolutionary psychology can offer a deeper, more radical critique of consumerist culture than anything developed by Marx, Nietzsche, Veblen, Adorno, Marcuse, or Baudrillard,” as if rattling off the humanities’ intellectual grad school dream team. I’m not fully convinced but will happily hear the case.

EDIT: I wrote a full post about Spent here.

On marketing, movies, and Geoffrey Miller's Spent: Sex, Evolution, and Consumer Behavior and more

In “Why are so many movies awful?“, I quoted the fascinating New Yorker story “The Cobra: Inside a movie marketer’s playbook,” which says:

One of the oldest jokes in the business is that when a studio head takes over he’s given three envelopes, the first of which contains the advice “Fire the head of marketing.” Nowadays, though, former marketers, such as Oren Aviv, at Disney, and Marc Shmuger, at Universal, often run the studios. “Studios now are pimples on the ass of giant conglomerates,” one studio’s president of production says. “So at green-light meetings it’s a bunch of marketing and sales guys giving you educated guesses about what a property might gross. No one is saying, ‘This director was born to make this movie.’ ”

Geoffrey Miller’s book Spent: Sex, Evolution, and Consumer Behavior says:

That a company should produce what people desire, instead of trying to convince people to buy what the company happens to make, was a radical idea that seems obvious only in retrospect.

But maybe that theory works better in consumer goods purchases than in artistic or aesthetic fields, which movies are nominally supposed to be. The book so far intrigues even if its claims seem overstated; you can read more about it courtesy of Marginal Revolution here and here, which inspired me to get the book.

My guess so far at 40 pages in is that Spent will have lots of new ideas that don’t extend as far as Miller wants them to, but that it’s still a nice way to avoid mindless materialism (for more, see Paul Graham’s “Stuff” or Alain de Botton’s The Consolations of Philosophy) without resorting to overwrought pieces like Marx’s “Commodity Fetishism” or Horkheimer and Adorno’s The Dialectic of Enlightenment. As Miller says on page 16, “Evolutionary psychology can offer a deeper, more radical critique of consumerist culture than anything developed by Marx, Nietzsche, Veblen, Adorno, Marcuse, or Baudrillard,” as if rattling off the humanities’ intellectual grad school dream team. I’m not fully convinced but will happily hear the case.


EDIT: I wrote a full post about Spent here.

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