Well said. I hear my arty/crafty friends get recommended to sell their "works". Thinking of art as an investment is a scourge.
Unfortunately money is useful, even if the game of chasing it is stupid and can be doomingly addictive. Looking after it for retirement is hell and trains one to be tight or a gambler.
The worst part is that we all know other things are more important than money: most people seem to choose jobs for their invisible benefits rather than financial outcomes. Our world runs because of our internal goals rather than money. The teacher that wants to help their students. The taxi driver that just likes to meet people. The engineer that strives for perfection. Does Matt Levine write for money?
The social incentives are whacko, and the government incentives are often insane. I have some admiration for those that find a way to get the benefits of society at the lowest time costs to themselves.
We fear we live in a purely capitalist world - yet the invisible incentives (economic surplus) are what makes everything work. The danger of seeing everyone else as a money grubber, while knowing that we ourselves are driven by better motivations.
Unfortunately money is useful, even if the game of chasing it is stupid and can be doomingly addictive. Looking after it for retirement is hell and trains one to be tight or a gambler.
The worst part is that we all know other things are more important than money: most people seem to choose jobs for their invisible benefits rather than financial outcomes. Our world runs because of our internal goals rather than money. The teacher that wants to help their students. The taxi driver that just likes to meet people. The engineer that strives for perfection. Does Matt Levine write for money?
The social incentives are whacko, and the government incentives are often insane. I have some admiration for those that find a way to get the benefits of society at the lowest time costs to themselves.
We fear we live in a purely capitalist world - yet the invisible incentives (economic surplus) are what makes everything work. The danger of seeing everyone else as a money grubber, while knowing that we ourselves are driven by better motivations.