- Limited Supply
- Unlimited Demand
- Self-interest
- Epistemic Gaps
Our expectations always get a little skewed when we think we can (or have already) overcome these conditions. If, for example, we just had enough money to get rid of supply limitations—we could satiate our unlimited demand (well, come close at least). There are simply never enough resources, and we always want more (#1 & #2), and it seems that even in the face of a ridiculous amount of money, we could always find a way to spend more. As King Solomon reminded us “The eye is not satisfied with seeing nor the ear filled with hearing.” Hearkening back to the Genesis narrative, Man was given the so-called curse of the ground, that is the necessity of laboring. It seems that in life many of our expectations surround the acquisition (and subsequent liquidation) of wealth. And almost every time, whatever it is that we acquire with our wealth doesn’t measure up to what we thought it would be. There are always exceptions, and I can think of a couple in my life, but it still doesn’t make one fulfilled.
We also live in a world of self-interest. I am motivated by self-interest, and that causes me to be disappointed when I do not get what I want. Furthermore, everybody else is motivated by self-interest, so whenever there are conflicting self-interested motivations, then there will be a disappointment on one end or the other, or both. In business transactions, for example, the art of compromise has become vital to conducting business explicitly because of a divergence of self-interested motivations and desires. This inevitably leads to disappointment.
Additionally, in the human condition there are epistemic gaps, that is, limitation to our knowledge. Not only do we not have a comprehensive understanding of our past and present, we have virtually no idea about the future. We operate purely on limited information, the biased accounts of others, our own finite faculties, etc. to make conclusions about our past and present, and when it comes to the future, it would seem we are armed only with the dubious double-edged sword of probability, influenced on the one side by pessimism and the other by optimism. We do not know how other people will behave, in most instances because we do not know how we ourselves will behave. Consequently, when we make conclusions based upon probability to gauge future events, we are often disappointed because we simply estimated the outcomes incorrectly.
Given all of this, it seems that we ought to come up with a way to take into account these expectations and then change our behavior accordingly. Entire economic models are based upon factoring in expectations (for example, in the calculation of currency futures, interest rates, etc.). Or perhaps, we should go another route—recognize the fact that there will be disappointment in life, and operate in the midst of it in such a way as to minimize its disutility.
Returning to Solomon, “Nothing is better for a man than that he should eat and drink, and that his soul should enjoy good in his labor.” I am learning that one of the most rewarding parts of life is to be thankful for the good things one already has. It does not mean that one cannot strive for an improved condition, or that one even ought not strive for an improved condition—the entirety of the notion of Western Progress in the Enlightenment and Post-Enlightenment Eras is predicated on improving both local and universal conditions of the world. But these two concepts, striving to improve one’s condition and being thankful for what one already has, are not mutually exclusive.
If you have even a single person in your life who loves you, then you have something to hold on to. If you have a single person in your life who you love in return, then you are doubly fortunate. If there are more, then you are a blessed person indeed. Because in the final analysis, at the end of one’s days, little will matter except the people, both living and dead, who you have touched and who have touched you. People are not commodities, to be bought or sold or traded. One cannot approach the people in his/her life with the attitude that when they have outlasted their purpose than can be traded in—for the notion of “outlasted their purpose” does not apply to people. Living in the consumerist, commoditized culture of our post-modern world, we try to assign an economic value to anything and everything. In doing so, we degrade the real, unquantifiable value of other people, especially those we love.
Instead, we ought to approach every person in our life with the attitude of “what can I contribute to them to enrich and fulfill their life,” rather than trying to quantify the value they give to us. The greater our capacity to give, the greater our capacity to live—because life is about people. Everything else is irrelevant. We all need to do our part to live that out more consistently than we do. We will all be happier for it.
