Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

The Good Old Days

July 14, 1997March 25, 2012

It’s a cliché, to be sure, but it’s still worth remembering as often as possible: these are the good old days. Booming stock markets, low unemployment, almost no one in foxholes or gulags, live photos from the surface of Mars — it doesn’t get much better than this.

But it does, of course, or at least we expect it will, and that’s the other thing that’s truly astonishing. For 99.9% of human existence, people couldn’t assume things would be better tomorrow than today. They could hope for a better kill when they went hunting, hope for a good rain to grow the crops, hope to have a child who’d survive and grow strong and protect them as they aged. But things improved so slowly as, I should think, to be imperceptible most of the time. And there must have been vast stretches of time when nothing improved at all. Even vast stretches of recorded history.

Only very recently have we gained some measure of control over events and begun to point them in a generally positive direction. We can reasonably expect our lives to be longer and more comfortable with each passing year.

Ho-hum. But in fact this is an astonishing thing that applies to only one of the millions of species on the planet, and that has applied, in the main, only in the last few moments of Time.

Philosophers will argue whether this has made us any happier. But I think it clearly has decreased the proportion of time we’re unhappy, which amounts to much the same thing. Air conditioning and aspirin, not to mention Prozac or running hot and cold water, are simple examples of recent developments that have taken huge bites out of the collective discomfort. So while our highs may be no more high than they ever were, our lows are fewer and less persistent.

Can you imagine a summer without ice? This describes 99.9% of all the summers humans have ever experienced. Now many of us have ice-in-the-door. ‘Nuff said. Enjoy.

Post navigation

← Marginal Interest and a Fed Tool
Stop-Loss Orders on ICE →

Quote of the Day

"One man with courage makes a majority."

Andrew Jackson

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • In Defense Of Ken Martin

    May 25, 2026
  • The DNC Autopsy

    May 23, 2026
  • Seven Days In June

    May 22, 2026
  • Barney Frank, Water Volleyball Player -- and More

    May 21, 2026
  • Quick Takes . . .

    May 20, 2026
  • Teaching Civics, Not Dogma -- Some Actual GOOD News

    May 18, 2026
  • That China Trip -- How Many Stars Would You Give It Out of 10?

    May 17, 2026
  • The Democratic Autopsy

    May 16, 2026
  • Trump In China II

    May 15, 2026
  • Your Health and Lungs; China and Jobs

    May 13, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams