Tuesday, January 20, 2026

Does Neuroscience Prove That You Should Follow Your Bliss?

The Freakonomicis guys, STEPHEN J. DUBNER and STEVEN D. LEVITT, wrote an article in 2006 in the NY Times magazine called A Star Is Made. In it, they discussed the research of Anders Ericsson, a 58-year-old psychology professor at Florida State University. Here is a relevant passage:

"Ericsson's research suggests a third cliché as well: when it comes to choosing a life path, you should do what you love — because if you don't love it, you are unlikely to work hard enough to get very good. Most people naturally don't like to do things they aren't "good" at. So they often give up, telling themselves they simply don't possess the talent for math or skiing or the violin. But what they really lack is the desire to be good and to undertake the deliberate practice that would make them better."
See Never Too Late to Learn. It is a book review from Saturday's WSJ. The book reviewed was Guitar Zero by Gary Marcus. Here is the passage:
"Brain scans show that musicians' new neuronal connections vary according to the instrument they play. Violinists have their signature brain changes, brass players theirs. Loving what we do helps to form these new connections, because the same dopamine chemistry that gives us the pleasurable rush of reward consolidates new brain connections."
Of course, mythologist Joseph Campbell said "follow your bliss."

What does it mean to follow your bliss? In general, it means three things:

1. Money and material things are secondary (Campbell, 1988, pp. 148,229). The following is dialogue between Joseph Campbell and Bill Movers from The Power of Myth (1988,p. 148):

C: My general formula is "Follow your bliss." Find where it is, and don't be afraid to follow it.
M: Is it my work or my life?
C: If the work you're doing is the work that you choose to do because you are enjoying it, that's it. But if you think, "Oh, no! I couldn't do that!" that's the dragon locking you in. "No, no, I couldn't be a writer," or "No, no, I couldn't do what So-and-so is doing."
M: In this sense, unlike heroes such as Prometheus or Jesus, we're not going on our journey to save the world but to save ourselves.
C: But in doing that, you save the world (emphasis added).

Elsewhere, Campbell says that the savior is the one who can transcend the pairs of opposites (Briggs & Maher, 1989, p. 45). This means going beyond the duality of individual and group that is stressed in socio-economics (Campbell 1988, p. 229):

C: Each incarnation has a potentiality, and the mission of the life is to live that potentiality. How do you do it? My answer is, "Follow your bliss." There's something inside you that knows when you're in the center, that knows when you're on the beam or off the beam. And if you get off the beam to earn money, you've lost your life. And it you stay in the center and don't get any money, you still have your bliss.

Finally, Leeming sums up the Jungian importance of myths:

The person who lives without myths lives without roots, without links to the collective self which is finally what we are all about. He is literally isolated from reality. The person who lives with a myth gains 'a sense of wider meaning' to his existence and is raised 'beyond mere getting and spending" (Leeming, 1973, p. 321).

2. If you follow your bliss, doors (opportunities) will open up for you where they would not have opened up before. They will also open up for you where they would not have opened up for anyone else (Cousineau, 1990, p. 214). This echoes one of Campbell's favorite writers, Goethe:

Concerning all acts of initiative and creation, there is one elemental truth-the ignorance of which skills countless ideas and splendid plans: that the moment one definitely commits oneself, the Providence moves, too. All sorts of things occur to help one that would never otherwise have occurred (Catford & Ray, 1991, p. 5).

3. Following your bliss has to be contrasted with following a system or a social system. A system creates roles for us that are not of our own choosing. This dehumanizes us (Campbell, 1988, p. 143-144). The following is also dialogue between Joseph Campbell and Bill Movers from The Power of Myth (pp. 143-144):

M: Do movies create hero myths? Do you think, for example that a movie like Star Wars fills some of that need for a model of the hero?
C: I've heard youngsters use some of George Lucas' terms-"the Force" and "the dark side.' So it must be hitting somewhere. It's a good sound teaching, I would say.
M: I think that explains in part the success of Star Wars. It wasn't just the production value that made that such an exciting film to watch, it was that it came along at a time when people needed to see in recognizable images the clash between good and evil. They needed to be reminded of idealism, to see a romance based upon selflessness rather than selfishness.
C: The fact that the evil power is not identified with any specific nation on this earth means you've got an abstract power, which represents a principle, not a specific historic situation. The story has to do with an operation of principles not of this nation against that. The monster masks that are put on people in Star Wars represent the real monster force in the modern world. When the mask of Darth Vader is removed, you see an unformed man, one who has not developed as a human individual. What you see is a strange and pitiful sort of undifferentiated face.
M: What is the significance of that?
C: Darth Vader has not developed his own humanity. He's a robot. He's a bureaucrat, living not in terms of himself but in terms of an imposed system. This is the threat to our lives that we all face today. Is the system gong to flatten you out and deny you your humanity, or are you going to be able to make use of the system to the attainment of human purposes? How do you relate to the system so that you am not compulsively serving it? It doesn't help to try to change it to accord with your system of thought. The momentum of history behind it is too great for anything really significant to evolve from that kind of action. The thing to do is to learn to live in your period of history as a human being. That's something else, and it can be done.
M: By doing what?
C: By holding to you own ideals for yourself and, like Luke Skywalker, rejecting the system's impersonal claims upon you.
M: When I took our two sons to see Star Wars, they did the same thing the audience did at that moment when the voice of Ben Kenobi says to Skywalker in the climactic moment of the last fight, "Turn off your computer, turn off your machine and do it yourself, follow your feelings, trust your feelings." And when he did, he achieved success, and the audience broke out into applause.
C: Well, you see, that movie communicates. It is a language that talks to young people, and that's what counts. It asks, Are you going to be a person of heart and humanity-because that's where the life is, from the heart-or are you going to do whatever seems to be required of you by what might be called "intentional power"? When Ben Kenobi says, "May the Force be with you," he's speaking of the power and energy of life, not of programmed political intentions.

In the movie Star Wars, Luke Skywalker turns off his computer (the impersonal system) and relies on the "Force" or his intuition to destroy the Death Star.


Generally speaking, following your bliss unlocks your creative potential because you separate from your community or system. "You can't have creativity unless you leave behind the bounded, the fixed, all the rules" (Campbell, 1988, p. 156). Attaining the joy of being a creative, spiritually fulfilled person is probably the best thing we can do for ourselves.

Sources:

Briggs, D., & Maher, J.M. (1989). An open life: Joseph Campbell in conversation with Michael Toms. New York: Harper and Row.

Campbell, J. (1988). The power of myth. New York: Doubleday.

Catford, L., & Ray, M. (1991). The path of the everyday hero. Los Angeles: Tarcher.

Cousineau, P. (1990). The hero's journey: Joseph Campbell on his life and work. San Francisco: Harper.

Leeming, D.A. (1973). Mythology: The voyage of the hero. Philadelphia: J. B. Lippincott. 

Related posts:

Does Evolutionary Psychology Support Joseph Campbell's Belief In The Need For A World Mythology?

Adam Smith And Joseph Campbell On The Dangers Of "The Man Of System"

Joseph Campbell Meets Joseph Schumpeter (The Entrepreneur As Hero)

Adam Smith Meets Joseph Campbell

Monday, January 19, 2026

Is there a mechanic shortage?

See The $160,000 Mechanic Job That Ford Can’t Fill: Ford’s CEO says 5,000 jobs are open. Mechanics say there is little wonder why by Christopher Otts of The WSJ. Excerpts:

"39-year-old father of two, [Ted] Hummel is one of Ford Motor’s highest-status automotive technicians—a “senior master.”"

"Hummel said he earned about $160,000 in 2025. There is almost always a transmission for him to work on, and in the unconventional system for mechanics’ pay, Hummel’s efficiency means more money for him and for his dealership."

"The automotive industry has faced a shortage of mechanics for decades"

"Ford dealerships have 5,000 open jobs."

"the jobs can pay $120,000 a year, but they take five years to learn."

"Only a small sliver of mechanics stick around long enough to get to that level of pay. The work is physically grueling. It is costly to start because mechanics need tens of thousands of dollars worth of tools. And the starting pay is closer to fast-food wages than to six figures. The 2024 median pay for a dealership mechanic or technician in the U.S. was $58,580"

"Like most dealership mechanics, he [Hummel] had to buy his own equipment, frequenting “tool trucks” to finance thousands of dollars in gear on payment plans up to $200 a week. These days he owns his own tools, like specialized torque wrenches—required by Ford—that cost up to $800 apiece."

"The way pay works in most dealership service departments is essentially a piecework system called “flat rate.” Technicians are paid a fixed amount per job, regardless of how long the work actually takes. Making six figures requires working fast"

"Russell Wickham, a technician at a Chevrolet store in Indiana, worked for several dealerships across three states for about a decade. The most he grossed was about $89,000 in 2022, he said.

“There’s no guarantee,” he said. “If the customers aren’t coming in, they don’t have a problem letting you sit around because you’re not costing them anything.”"

"While car-repair costs rose 59% from 2014 to 2024, mechanic wages grew by 34% over the same period."

"The company [Ford] said it is working to address the mechanic shortage." 

A shortage is when the quantity demanded is greater than the quantity supplied and the price is below equilibrium. It seems like this could be the case since the wages are too low to attract enough workers. Ford says it wants to solve the problem. It might take higher wages. But market pressures should cause the wage to go up. If they are not going up then why not? Is there really no shortage? Hard to tell.

Related posts on supply and demand and shortages:

Does Boeing face a shortage of a temperature-regulating part? (2024) 

Drug Shortages in America Reach a Record High (2024)

Is There A Booze Shortage? (2022)

Car makers face ‘chipageddon’ (2021)  

Does the U.S. have a firefighter shortage (2021) 

There is no truck driver shortage in the US (2021)

Is there a shortage of homes? (2020)

What Chocolate Shortage? Cocoa Prices Steady as Record Output Projected (2019)

Is there really a shortage of construction workers (2019) 

Was there really a shortage of meatless burgers? (2019)  

Is There A Christmas Tree Shortage? (2017)  

Is There Really A Honey Bee Shortage? (2013)

Will There Be A Pumpkin Shortage This Year? (2011)

Sunday, January 18, 2026

Should you be true to your principles or values on the job? Conflicting advise from two recent articles

First, see Take Your Job and Shove It: Cheers to the six Minnesota prosecutors who resigned Tuesday. We need more of that by Matthew Hennessey of The WSJ. Excerpts:

"You’ll always regret violating your principles for the sake of a job."

"It doesn’t matter if you work in government or at a grocery store. If for any reason you can’t bring yourself to do the job you’ve been assigned, pack it in. Resign. It’s the honorable thing to do."

Then see ‘Don’t Be Yourself’ Review: Performance, Please: A psychologist argues that privileging ‘authenticity’ in the workplace can lead to bad outcomes by Philip Delves Broughton. He reviewed the book Don’t Be Yourself by Tomas Chamorro-Premuzic. This also appeared in The WSJ. Excerpts:

"Mr. Chamorro-Premuzic lists four traps: always be honest, with yourself . . . be true to your values . . . don’t worry about what others think of you; and bring your whole self to work."

"these platitudes ignore human and organizational psychology"

"success at work demands inauthenticity and good social skills. If you want to be rewarded and promoted, you have to seem authentic, not be authentic."

"We should aim to express the version of ourselves that serves the moment and the people around us."

"If you come to work high on your own value system, it is likely you will ignore the values of others and fail to “coexist in harmony.” [this] reveals a selfishness, a lack of empathy."

Friday, January 16, 2026

The Economic Divide Between Big and Small Companies Is Growing

Economic fortunes of low- and high-income Americans are diverging—same pattern happening with companies

By Harriet Torry and Justin Lahart of The WSJ. Excerpts:

"Over the past six months, private firms with fewer than 50 workers have steadily shed jobs, according to payroll processor ADP, cutting 120,000 in November alone. Midsize and, especially, large firms have continued to add jobs."

"Net income for the large, publicly traded companies in the S&P 500 was up 12.9% from a year earlier in the third quarter"

"Small businesses—those with up to 500 workers—employ nearly half the American workforce and represent more than 40% of gross domestic product"

"an analysis of small-business bank accounts . . . found that earnings are slightly lower than they were a year ago."

"Small retailers . . . are struggling in particular with tariff uncertainty and continued cost pressures [which sounds like inflation is playing a role], said Andrew Chamberlain, chief economist at Gusto, a small-business payroll and benefits provider." 

"small businesses cut workers in both October and November" 

Thursday, January 15, 2026

Wine Buyers Stock Up Before Tariffs Raise Prices: ‘Drink Less or Pay More’

New vintages from European Union poised to get pricier due to Trump administration duties and a stronger euro

By Laura Cooper of The WSJ

Expectation of future price is a shift factor for demand. When buyers expect significantly higher prices in the near future their demand today increases.

The article was from Dec. 18, 2025. Excerpts:

"Retailers, distributors and producers predict that Americans can expect to see their favorite European-made bottles cost as much as 15% to 30% more next year. Much of next year’s vintage—made from grapes harvested this year, and shipped in the next few months—will carry a 15% tariff on European Union goods that the Trump administration announced last summer."

"The pending jump in prices has pushed U.S.-based wine importers and retailers like Craig to stock up." [Mark Craig of Seattle who owns a small wine club and online bottle shop] 

Other posts on expectation of future price:

Expectation of future price and electric cars (2025) 

Buy Now Before Tariffs Hit, Retailers Are Telling Shoppers: Businesses play up fears of a price hit in marketing goods from furniture to fishing rods (2024) 

Expectation of future price in the news (2024)

Record Cocoa Prices Are Making Sweet Cravings Expensive (2024)

Supply, demand and the price of bacon (2023)

Are Expectations Helping To Raise The Price Of Lithium? (2021)

Farmers might be reducing supply of corn now in expectation of higher prices this fall (2019)

Supply Means Producing A Good And Customers Being Able To Purchase It (2018)

Russians rush to stores to pre-empt price rises (2015)

Tuesday, January 13, 2026

The Seasonally Adjusted CPI Was 0.307% Higher In December Than November. 12 month was up 2.65%

Here are the changes in the seasonally adjusted CPI for the six months ending in Nov: 

May  0.0810%
June 0.2870%
July 0.1966%
Aug 0.3825%
Sept. 0.3105% (There was no report for October due to the government shutdown)
Nov. .2044% 
 
The last decline was March 2025 when it was -0.0500%. Before that it was June 2024 when it was -0.0029%.
 
See Consumer Price Index for All Urban Consumers: All Items in U.S. City Average from FRED (Federal Reserve Economic Data) compiled by the Research Division at the Federal Reserve Bank of St. Louis for data on the seasonally adjusted CPI.
 
That site shows a graph but if you click on the Download button you will get the actual numbers in Microsoft Excel.

The Consumer Price Index for All Urban Consumers: All Items in U.S. City Average (CPIAUCSL) was 325.031 in Nov. and 326.030 in Dec. Since 326.030/325.031 = 1.00307, that means it was up 0.307% over the two months. If we went up that much every month for 12 months it would be up 3.75%.

It was 317.603 in Dec. 2024. Since 326.030/317.603 = 1.0265, that means it was up 2.65% over the last12 months.

The non-seasonally adjusted CPI was 324.054 in Dec. and 315.605 in Dec. 2024. That was up 2.68%. So pretty close to the seasonally adjusted CPI. This is still above the Fed's target of 2.0% (although they prefer to use the Personal Consumption Expenditures Price Index which was 2.8% higher in Sept. 2025 than Sept. 2024). See BEA says it will use US September, November CPI averages to calculate October PCE inflation. It said "The delayed PCE inflation data for October and November will be published on January ‍22."

For more information see Here’s the inflation breakdown for December 2025 — in one chart by Greg Iacurci of CNBC. Excerpt:

"Progress in the fight to throttle back inflation appeared to stall in December amid price pressures from groceries, dining out, utility gas, clothing and other categories of consumer spending.

The consumer price index, a key inflation gauge, rose 2.7% in December from 12 months earlier, the Bureau of Labor Statistics said Tuesday. That was unchanged from the previous month and in line with estimates.

“The bottom line is, I think inflation is still uncomfortably high,” said Mark Zandi, chief economist at Moody’s. “Inflation for staples, necessities, remains elevated.”"

The article also discusses what types of products are going up in price and what is going down. There is a graph of the monthly year-over-year percent change in prices and core prices going back almost 4 years. 

Other related links:
 
Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average (CPILFESL) This is also from from FRED (Federal Reserve Economic Data), compiled by the Research Division at the Federal Reserve Bank of St. Louis. It has the seasonally adjusted core CPI.
 
 
 
The Bureau of Labor Statistics makes seasonal adjustments. See Consumer Price Index Summary.
 
The table below has the annual inflation rate since 1914 in the columns labeled CPI %Ch. or CPI percentage change. It is from Consumer Price Index Data from 1913 to 2025 and is not seasonally adjusted. It is also the December to December change in the CPI. That site also looks at how the 12 month average for the CPI changed from one year to the next.
 

Year

CPI %Ch.

 

Year

CPI %Ch.

 

Year

CPI %Ch.

 

Year

CPI %Ch.

1914

1

 

1944

2.3

 

1974

12.3

 

2004

3.3

1915

2

 

1945

2.2

 

1975

6.9

 

2005

3.4

1916

12.6

 

1946

18.1

 

1976

4.9

 

2006

2.5

1917

18.1

 

1947

8.8

 

1977

6.7

 

2007

4.1

1918

20.4

 

1948

3

 

1978

9

 

2008

0.1

1919

14.5

 

1949

-2.1

 

1979

13.3

 

2009

2.7

1920

2.6

 

1950

5.9

 

1980

12.5

 

2010

1.5

1921

-10.8

 

1951

6

 

1981

8.9

 

2011

3

1922

-2.3

 

1952

0.8

 

1982

3.8

 

2012

1.7

1923

2.4

 

1953

0.7

 

1983

3.8

 

2013

1.5

1924

0

 

1954

-0.7

 

1984

3.9

 

2014

0.8

1925

3.5

 

1955

0.4

 

1985

3.8

 

2015

0.7

1926

-1.1

 

1956

3

 

1986

1.1

 

2016

2.1

1927

-2.3

 

1957

2.9

 

1987

4.4

 

2017

2.1

1928

-1.2

 

1958

1.8

 

1988

4.4

 

2018

1.9

1929

0.6

 

1959

1.7

 

1989

4.6

 

2019

2.3

1930

-6.4

 

1960

1.4

 

1990

6.1

 

2020

1.4

1931

-9.3

 

1961

0.7

 

1991

3.1

 

2021

7

1932

-10.3

 

1962

1.3

 

1992

2.9

 

2022

6.5

1933

0.8

 

1963

1.6

 

1993

2.7

 

2023

3.4

1934

1.5

 

1964

1

 

1994

2.7

 

2024

2.9

1935

3

 

1965

1.9

 

1995

2.5

 

          2025    

            2.7

1936

1.4

 

1966

3.5

 

1996

3.3

 

 

 

1937

2.9

 

1967

3

 

1997

1.7

 

 

 

1938

-2.8

 

1968

4.7

 

1998

1.6

 

 

 

1939

0

 

1969

6.2

 

1999

2.7

 

 

 

1940

0.7

 

1970

5.6

 

2000

3.4

 

 

 

1941

9.9

 

1971

3.3

 

2001

1.6

 

 

 

1942

9

 

1972

3.4

 

2002

2.4

 

 

 

1943

3

 

1973

8.7

 

2003

1.9

 

 

 

 
Here is a timeline graph of this data: