The genetic set point: when given a boost, persons afterwards regress towards their set points. http://nypost.com/2015/06/14/how-pro-athletes-lose-everything-buying-cars-jewels-and-pet-tigers/ …
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@KirkegaardEmil@JayMan471@nypost agreed... but this is something more than genes alone imo. Some people don't have the foggiest clue -
@RCAFDM@KirkegaardEmil@JayMan471 there's a freakonomics podcast about the "why nfl players are broke" thing-spending on family is big part -
@toad_spotted@KirkegaardEmil@JayMan471 of course, but spending is shaped by time preference and the like too -
@RCAFDM@KirkegaardEmil@JayMan471 right, tho if all your family has similar time pref you may not need to share to the same extent yourself -
@RCAFDM@KirkegaardEmil@JayMan471 tho focal character in podcast may be exception that proves the rule- son of a math teacher-and not broke -
@toad_spotted@KirkegaardEmil@JayMan471 well, imo, it's both genetic and cultural :-) less about how much $ your parents had than their + -
@RCAFDM The implicit(tho not stayed)message of the show is how totally different Steven Dubner's culture is from average NFL player's family
End of conversation
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