Wealth vs. the Trappings of Wealth

I read an interesting article at the Harvard Business School’s Working Knowledge site about some preliminary research involving the effect of thinking about luxury goods on our decision-making process. The gist was that research subjects who are instructed to think about high-end luxury goods before being asked a series of behavioral questions tend to answer those questions in a more self-interested, anti-social manner than a control group.

The researcher, Roy Chua, noted that his research failed to find similar correlations in people who were “money-primed,” as he termed it (i.e. thinking about money in advance of answering the questions). Furthermore, the research indicated that thinking about fancy stuff makes people more self-interested, while thinking merely about money tends to make people exhibit more self-sufficient and independent behavior. Lastly, being luxury-primed tended to have no measurable impact on self-sufficiency.

So the implications are pretty interesting here: the love of money is, apparently, not the root of all evil; that distinction is saved for the love of stuff. But of course, one of the more fun things to do with money is buy nice stuff (for me at least), so one wonders if the stuff-lovers and the money-lovers are merely two entirely different types of people and the research just discovered some pre-existing psychological traits. Think about famously-frugal Warren Buffet, on one hand, and, say, Paris Hilton on the other.

Obviously, the research does suggest that making money in and of itself can still be considered a good thing; in fact, if anything, it implies we should all be making more of it. The final point also suggests some behavior modifications I could make on my own: I think I may focus less on buying my kids rewards for good behavior and nice presents, and more on motivating them with money so that they can develop some of that self-sufficiency and independence we all need.

Posted in Digging Deeper | Leave a comment

Travel Diary, March 2011

Hands down, my favorite moment of the trip took place in the Glasgow Cathedral. While the church is impressive, in the garden-variety-gorgeous-old-building sort of way that becomes almost ho-hum as one journeys across Scotland, it was a particular scene from the history of the place that touched me in a way I’ll never forget.

Following the Reformation in 1560, many Scottish churches were vandalized or destroyed in a wave of anti-Catholic violence. The Glasgow Cathedral was no exception; the mob came, the Catholic iconography was looted and burned, and the Cathedral itself was in danger of being razed. And then a small miracle took place: the collective members of the city’s trade unions stepped in, took up arms, and placed their bodies between the vandals and the building. And the standoff went to the guildsmen.

Standing in the old church, gazing in awe at the collective labor of thousands over centuries, one can almost hear the thoughts that must have inspired them, these masons, smiths and glaziers. As if they held their tongues and allowed the madness to rage around them until finally stepping in and saying:

“Enough is enough. This is our work. This is our fathers’ work, and our fathers’ grandfathers’ work. Our grandsons will live and die in service to this monument, this place that shows what we, as humans, are capable of creating when we set aside our base impulses and strive to shape our surroundings in such a manner that acknowledges something greater than our individual selves. And it will not be destroyed today by your petty, violent passions. We are better than this.”

Part One: Dublin at Dawn

We flew into and out of Dublin; it’s Jennifer’s favorite city and it seemed as good a starting point as any for a trip across Ireland and Scotland. Someone, somewhere, must have decided that a transatlantic flight should logically terminate at 5am, so we landed with nowhere to go and several hours to kill. We took a bus to the city center, hoping for breakfast, and found nothing but deserted streets and quiet, pre-dawn light in the middle of the busiest part of what is normally a bustling city. We wandered the narrow streets hauling all of our luggage, freezing our asses off, and generally feeling a bit like we’d stepped into another reality. But we got a lot of cool photos out of it.

phil and the boys

Phil Lynott has a statue in Dublin. Apparently Thin Lizzy was much bigger over there.


window washer at dawn

The only person we saw for the first hour or so.


spock and his tables

I really want one of these posters.


carrying our bags

The great schlep


d sleeping

Asleep at last


After a most satisfying breakfast at Bewley’s on Grafton Street (and a long nap for the kids in the booth), we went to the station and caught our bus to Warrenpoint. Warrenpoint is located right at the widening of Carlingford Lough, the fjord that forms part of the border between Northern Ireland and the Republic. It’s a truly beautiful spot; the Mourne Mountains of the North and the Cooley Mountains of the South meet to form a narrow sea channel and we spent many a contented moment gazing at the moon and sun as they passed over the gorgeous blue-green water.

The town itself is small, with around 7,000 residents, and predominantly Catholic. The boys were intrigued by this all-consuming distinction in that part of the world; whenever they met a school friend of the cousins, the first question was always “Catholic or Protestant?” Apparently “neither” isn’t an acceptable answer, so Kieran started answering “Jewish.” Brevity aside, it’s a distinction that cost the lives of 18 British troops in 1979. The Warrenpoint ambush was the largest single-incident loss of lives for the British during The Troubles.

These days, however, it’s a pleasant spot. We spent a few days wandering around, drinking late-morning coffees, burning peat or coal fires in the sitting room, and letting the boys catch up on some much-needed cousin love. On St. Patrick’s day we went off to the pub where more than one person noted that I didn’t look like any of the other men there; short and dark-haired seems to be the predominant phenotypic in that part of the world. It was a fun evening, though. I got a kick out of the fact that I was sitting in Ireland watching the locals using a Japanese party machine to drunkenly display their love of American Country and Western music. It’s a small world, after all.

Posted in Travel | Leave a comment