What I Think I Know
  • About
  • Books
    • Great Books
  • Music
  • Quotes
  • Members
  • Search Icon

What I Think I Know

“Just trying to do the hardest thing of all – to understand”

We live simultaneously in two different worlds—one where social norms prevail, and the other where market norms make the rules …

We live simultaneously in two different worlds—one where social norms prevail, and the other where market norms make the rules …

November 24, 2016 Nate

Ariely, Dan (2009-06-06). Predictably Irrational

As Margaret Clark, Judson Mills, and Alan Fiske suggested a long time ago, the answer is that we live simultaneously in two different worlds—one where social norms prevail, and the other where market norms make the rules.

The social norms include the friendly requests that people make of one another. Could you help me move this couch? Could you help me change this tire? Social norms are wrapped up in our social nature and our need for community. They are usually warm and fuzzy. Instant paybacks are not required: you may help move your neighbor’s couch, but this doesn’t mean he has to come right over and move yours. It’s like opening a door for someone: it provides pleasure for both of you, and reciprocity is not immediately required.

The second world, the one governed by market norms, is very different. There’s nothing warm and fuzzy about it. The exchanges are sharp-edged: wages, prices, rents, interest, and costs-and-benefits. Such market relationships are not necessarily evil or mean—in fact, they also include self-reliance, inventiveness, and individualism—but they do imply comparable benefits and prompt payments. When you are in the domain of market norms, you get what you pay for—that’s just the way it is. When we keep social norms and market norms on their separate paths, life hums along pretty well. Take sex, for instance. We may have it free in the social context, where it is, we hope, warm and emotionally nourishing. But there’s also market sex, sex that is on demand and that costs money. This seems pretty straightforward. We don’t have husbands (or wives) coming home asking for a $50 trick; nor do we have prostitutes hoping for everlasting love.

When social and market norms collide, trouble sets in. Take sex again. A guy takes a girl out for dinner and a movie, and he pays the bills. They go out again, and he pays the bills once more. They go out a third time, and he’s still springing for the meal and the entertainment. At this point, he’s hoping for at least a passionate kiss at the front door. His wallet is getting perilously thin, but worse is what’s going on in his head: he’s having trouble reconciling the social norm (courtship) with the market norm (money for sex). On the fourth date he casually mentions how much this romance is costing him. Now he’s crossed the line. Violation! She calls him a beast and storms off. He should have known that one can’t mix social and market norms—especially in this case—without implying that the lady is a tramp. He should also have remembered the immortal words of Woody Allen: “The most expensive sex is free sex.”


Favorites, Quotes
Human Behavior, Societal Expectations

Post navigation

NEXT
I think that for many people the workplace is not just a source of money but also a source of motivation and self-definition …
PREVIOUS
We generally believe we have precise and well-articulated preferences, but in reality, we only think that we know what we want

Leave a Reply Cancel reply

You must be logged in to post a comment.

Subscribe to our mailing list

Categories

  • Biology (12)
  • Books (5)
  • Favorites (209)
  • Freedom (10)
  • Funny (70)
  • Health (1)
  • History (9)
  • Investing (86)
  • Knowledge (101)
  • Marketing (4)
  • Music (82)
  • Philosophy (154)
  • Politics (19)
  • Psychology (155)
  • Quotes (1,268)
  • Relationships (13)
  • Religion (9)
  • Technology (19)

Tags

Altruism A Philosophy of Life Awareness Biology Brain & Mind Caring Too Much About What Others Think Charlie Munger Death Democracy Desire Economics Emotions Epictetus Fear Funny History Human Behavior Human Folly Immigration Individuality Investing Irrationality Knowledge Language Life Love Machine Learning Marcus Aurelius Marriage Money Pain & Suffering Perspective Politics Prince Seneca Social Influence Standard of Living Stoics Success Thinking Time Truth Uncertainty War Work

Archives

Categories

  • Biology
  • Books
  • Favorites
  • Freedom
  • Funny
  • Health
  • History
  • Investing
  • Knowledge
  • Marketing
  • Music
  • Philosophy
  • Politics
  • Psychology
  • Quotes
  • Relationships
  • Religion
  • Technology

Tags

Altruism A Philosophy of Life Awareness Biology Brain & Mind Caring Too Much About What Others Think Charlie Munger Death Democracy Desire Economics Emotions Epictetus Fear Funny History Human Behavior Human Folly Immigration Individuality Investing Irrationality Knowledge Language Life Love Machine Learning Marcus Aurelius Marriage Money Pain & Suffering Perspective Politics Prince Seneca Social Influence Standard of Living Stoics Success Thinking Time Truth Uncertainty War Work
© 2021   Copyright. All Rights Reserved.