I think I’ve spent the entirety of this week either on the phone or having a meeting or curled up in bed with a migraine. Sigh. Some weeks are like that.
Monthly Archives: January 2013
Mo Money, Mo Problems
A couple of week ago, I had some Twitter discussion about lottery winners. The impetus was the horrible story of Jack Whittaker, a very successful businessman who won the powerball lottery and watched his life go completely to hell. It’s a truly tragic story, especially for those of us who are fathers and enjoy indulging our daughters. Not only did he descend into booze-fueled chaos, he ended up divorced with both his daughter and granddaughter dead.
Whittaker’s story may be extreme but it is not that unusual. Just in the last week, another story broke about a lottery winner who was likely murdered by someone close. Scientific research on the subject is, at best, mixed. But even that doesn’t capture the fullness of the issue: it’s possible that lottery winners are, on balanced, happier. But it seems like they have an increased chance for the lives to go horribly wrong.
Why does this happen? Two reasons, I think.
First, money changes the people around you. Dave Chappell talked about this a lot: how the fame and fortune brought by his wildly successful show made him distrust the people around him, made him worry that no one would criticize him because of his money.
There’s also a huge difference between someone who earns money through their own means and someone who has a ton of money dropped on them from space. The Whittaker article talks about star athlete and how many of them burn out at younger levels because they can’t handle the fame and fortune. Those who do succeed surround themselves with good people early on so that they have a “team” of people they can trust to look out for their interests, usually people who have been around wealth and fame before and so aren’t phased by it.
Second, money also affects people themselves. Sudden surges in income can produce sudden surges in spending to match. There’s a theory, often propounded by Clark Howard, that people are mentally calibrated for a certain amount of wealth. And when they suddenly get more income, they spend to get themselves back to that familiar frame of reference. It takes time for them re-calibrate and realize that they don’t have to spend every penny. Indeed, this is one of the things that keeps poor people poor: when they do get some money, they instantly blow it because they are so used to money just disappearing. Most of the lottery winners have never had a lot of money or income before. They are not used to the idea of putting money away. And so they revert quickly to bad habits — buying cars, houses and shady business deals.
You combine these two and you get the real problem: wealth and fame — like many other things in life — put strains on a person. If the person is already psychologically strong and has surrounded themselves with good people, money can bring happiness and fulfillment. But if they have character flaws — really big character flaws — they will crack and crumble like a faulty bridge. This is especially true of a sudden unexpected fortune. Looking over the story I linked above, you see Whittaker simply indulging himself and everyone around him — lavishing gifts on his granddaughter, buying expensive cars, leaving cash lying around, throwing money at everything: precisely the behavior one is not supposed to engage in.
The gripping hand is that people who are psychologically strong and have surrounded themselves with good people tend not to play the lottery. Lottery is well-known to be the vice of the poor; state lotteries are a heavily regressive tax. And, generally, people who are happy and balanced aren’t looking for the escape hatch that the lottery provides. Obviously, that’s a generalization: plenty of happy people play the lottery. But they’re doing it mostly for fun. They’re not doing it in the hopes that it will rescue their lives or solve all their problems. They might play, but they also know that wealth and happiness is more likely to come to them through good living, reliable friends, hard work and perseverance. If they win the lottery, that’s gravy on a life that is already well-lived.
So would I like to win the lottery (if I played)? Well, if it were a modest amount, sure. Enough to pay off my house or squirrel away for retirement. Maybe even enough that I could write full time. But I can’t help but think that suddenly crashing into a LOT of money — millions or hundreds of millions — would expose my own character flaws, would expose those of the people around me, would allow me to indulge my own daughter as much as possible.
I don’t play but if someone bought me a lottery ticket and it won (my mother, most likely), I’d probably donate a significant fraction to charities. I’d endow chairs for my wife and I at a chosen university. I’d establish trusts for a handful of people. And that would pretty much be it. I’m not into fancy cars; my practical Camry is just about the perfect car for me. I don’t want a huge house — maybe something newer and less drafty than my current residence. And while I might like to play around with some business ideas, I would only do those if I could stand to lose the entire investment (which is what usually happens).
Hell, I probably wouldn’t even quit my job, no matter how much I won.
It was Robert Heinlein, I think, who said that most Americans don’t want to be rich. They don’t want the single-minded devotion that real wealth accumulation usually requires. What they want to be is well-off. Comfortable. With a nice house and no real worries about the future, able to support causes they believe in and people they love.
The Bowl Championship, Reloaded
A few years ago, I invented a Bowl Championship Points System. The basic idea was response to the Bowl Championship Cup, which was awarded, for a while, to the conference that did the best in the bowl season. But because it was given out for winning percentage with a minimum of three games, it almost always went to the conference that played in … three games. If a conference went 2-1 or 3-0, they would “win” the cup over a conference that went 6-2 and won two BCS games. This crossed me as absurd and a result of not understanding the effects of small numbers on percentages.
In my system, each conference gets two points for a bowl win, an extra point for a BCS bowl win and loses a point for a bowl loss. So it rewards conferences that are both in a lot of bowls and do well in them. Yes, it favors the major conferences. But it should favor them as they usually have far more depth than the mid-majors. The system is fair, I think, because it mostly favors the top conferences but a mid-major can win if they have a really great season. And, in fact, one has and another might this year.
I’ll just quote my old article on past results since the inception of the BCS in 1998 and contrast my system to the bowl championship formulation. (And no, I am not going to correct for the Stalinist revisionism of vacating wins from either Penn State or USC).
It may seem like my system is biased in favor of the SEC. But I designed it when the SEC was in a down cycle and it was favoring the Big-12. The SEC does better in my system simply because they get into more bowls and win more bowls. Over the BCS years that I have now entered into the system, here are the records of each conference coming into this bowl season.
SEC: 67-47 (16 BCS wins) = 103 points
Big East: 43-27 (7 BCS wins) = 66 points
Big 12: 54-53 (9 BCS wins) = 64 points
Big 10: 45-54 (12 BCS wins) = 48 points
Mountain West: 31-20 (3 BCS wins) = 45 points
Pac 10/12: 37-40 (11 BCS wins) = 45 points
ACC: 45-53 (2 BCS wins) = 39 points
Conference USA: 29-40 (0 BCS wins) = 18 points
MAC: 19-23 (0 BCS wins) = 15 points
WAC: 21-29 (2 BCS wins) = 15 points
Sun Belt: 8-11 (0 BCS wins) = 5 points
Independents: 7-12 (0 BCS wins) = 2 point
It’s fine to hate the SEC. I probably would had I not been raised in Georgia. But their dominance in the BCS era, particularly from 2006-2012, can not be denied. The other conferences cluster near .500 but the SEC is away ahead. This is true if you use W-L, national titles, BCS bowl wins or my system. On win percentage, the Mountain West or Big East would take the lead (but with a fraction of the bowl appearance). Those are the only two conferences that could be said to have legitimately matched the SEC in bowl performance.
So why am I posting this now, while we still have two bowls left in 2013? Here’s why. With the old bowl championship system, Conference USA would have already have “won” the bowl season by virtue of winning the Beef O’Brady Bowl, the Hawaii Bowl, the Armed Forces Bowl and the Liberty Bowl. While I’m happy for those teams, this doesn’t really cross me as exactly dominating college football.
As of right now, the points system has Conference USA, the much-maligned ACC and the hyped SEC in a tie at 7 points. Should ‘Bama win their third title, the SEC will take the points system with a 6-3 record and a BCS win. However, should Notre Dame win, the SEC will lose it (as they should, having already lost one BCS game) and Conference USA/ACC will split the title.
The SEC is still the dominant conference, but they have waned a bit in recent years even as the hype has exploded. From 2006-2013, they have placed first or second every year, which sounds about right for a deep conference that has won six straight titles, gone 41-22 in bowls and won nine BCS games. But their peak was three years ago. They have come down to earth enough to be beatable as Northwestern, Clemson and Louisville have shown.
Notre Dame has a very good chance in this game because they play defense. For all the hype lavished on the SEC’s speed, what has made it the dominant conference is being one of the few to take defense seriously. If you look at the powers — ‘Bama, Georgia, Florida, South Carolina, LSU — they all have great defenses. When SEC titans clash, you don’t get 50-45 shootouts like you do in the Big 12 or Pac 12. You usually get low-scoring slugfest. A classic SEC game features a tough running game, punishing defense and enough passing to keep things lively. This year, we’ve seen SEC teams rise and fall with their defense. Georgia has trouble with Nebraska until their defense clamped down. South Carolina won, in part, because their defense clamped down, setting up the last minute heroics. Florida failed because their defense was completely lost at sea. Even Texas A&M, for all of Manziel’s amazing performance, pulled away when their defense shut out Oklahoma in the second half.
In previous years, we’ve seen offense juggernauts like Oklahoma, Texas and Oregon get beat because their offense hadn’t really faced a tough defense before. I remember the 2008 title game, when the TV broadcast had a clock for how fast Oklahoma’s offense moved. They stopped using it because Florida, unlike most Big 12 teams, had an actual defense and put some of their best athletes on defense and Oklahoma was forced to slow down.
That’s why Notre Dame could win this. They have a great defense and can match Alabama stop-for-stop. It should be a low-scoring game that could turn on anything.
This is also why I think the Big 10+ is destined to rise again. The Big 10 is the only other conference to take defense seriously. They had a bad year this year. But then again, two of their best teams were kept out of the bowls.
Guess Who, Fat Boy?
Earlier this week, the Journal of the American Medical Association came out with a huge study of obesity that concludes that the obesity hysterics are, indeed, hysterical. Their results indicate that being moderately overweight or even very mildly obese doesn’t make you more likely to die than a thin person. In fact, it may make you less likely to die, to the tune of 6%. (Severe obesity, however, did show a strong connection to higher death rates).
Now you would think that this would be greeted with some skeptical enthusiasm. If the results are born out by further study, it would mean we do not have a massive pending public health crisis on our hands. It means that instead of using cattle prods to get moderately overweight people into the gym, we can concentrate on really obese people.
So is the health community greeting this with relief? Not exactly:
That’s the wrong conclusion, according to epidemiologists. They insist that, in general, excess weight is dangerous. But then they have to explain why the mortality-to-weight correlation runs the wrong way. The result is a messy, collective scramble for excuses and explanations that can make the new data fit the old ideas.
William Saletan at Slate lists a dozen different explanations for why this study is wrong, definitely wrong, absolutely wrong, no sir. Most of these cross him (and me) as trying to rationalize away an inconvenient scientific result.
Looking Ahead to 2013
Any year you can walk away from is a good one right? I ended 2012 with my family and career intact, so I don’t think I can complain too much. Abby had a great year with her first real birthday party and a good start to kindergarten. I landed a couple of grants and got a couple of big projects off my plate, including the image gallery for the mission.
On the other hand, I had my gallbladder out and had a sudden awful onset of bad migraines, something I still have not quite gotten control of. My mother-in-law died. My stepmother got cancer. We spent a fortune on fertility treatments and got, for all our pains, one miscarriage and a bad MS relapse. So … yeah, not our best year.
In sports, my Braves bowed out in ignominious fashion and the hated New York Giants stomped over the Falcons, Packers and Patriots. On the other hand, the Falcons had another good regular season, the Braves have a lot of young talent and Chipper Jones went out in grand fashion.
Politics? Oh, God. This was one of the most frustrating disillusioning years I can remember. I looked at both parties and eventually slammed my head into the desk and voted for Gary Johnson. We had a huge amount of sound and fury. More digital ink was spilled than ever before. I blogged my guts out over at Right Thinking. And the result? Obama is still President, Congress is still split, Congress is still stupid, the deficit is still huge and the economy is still sluggish.
But, for some strange reason, I have a good feeling about 2013. 2011 was a the year of false hope — personally, professionally and politically. 2012 was a tough grinding exhausting year. But I feel like things have put in motion that will make 2013 suck a lot less. I can’t put my finger on anything specific. That probably means I’m wrong.
Oh, well. Without further ado, my bold predictions for 2013:
So, yeah. Even looking at that, I’m not predicting a great year. But 2012 was so lousy, 2013 is almost bound to be better.
We must always remember that the arc of history is long and, over the last decade, has pointed toward progress. On a global level, things are improving. Steadily, haltingly, frustratingly. But improving. And maybe 2013 will be the year things start improving around here — slowly, haltingly, frustratingly. In the end, the future is what we create. And I intend to bend my shoulder a little bit more this year and push a little harder.