Have you ever bought a Facebook ad? I have. I have talked to many, many people who have. We have spent hundreds, many have spent thousands or even more, experimenting with Facebook ads. They are worthless. Nobody ever looks at them, and nobody ever clicks on them. I just talked to someone who was trying to promote a book. He found it cost him over $100 in ads to sell one book. Moreover, as you increase your ad spending, people get used to the ads and just ignore them. So, your already low click-through rate goes down even further. People go to Facebook to interact with their friends. It is fundamentally different from the ad platform that is Google. People go to Google to find something they need, which a good percentage of the time can in fact be solved by someone's ad. Facebook ads, on the other hand, annoy users. They yield no real profits.--Joseph Javier Perla
If you delay marriage too long, the men your age will find it easy to find a spouse; you will not. And unless you're a very rare sort of person, even if you're a feminist who has a fully actualized identity that needs no man to complete it . . . you will still want to get married eventually, especially if you want to have kids. She's urging an ugly sort of game-theoretic calculation on younger women still in the prime of their attractiveness. And she's absolutely right that some of those young women who reject her advice will eventually regret it. This is a slightly sensitive topic for me to write about, of course--I'm a woman in her 30s who will, barring tragic accident, get married in six weeks. I guarantee that no matter what I write, someone will take issue with it. If I support [Lori] Gottlieb, feminists will say that I'm somehow cozying up to the patriarchy; if I take issue, conservatives will accuse me of downplaying the dangers of playing the field too long. ... Gottlieb offers some pretty persuasive evidence that unless you're in a desperately unhappy marriage, you are better off being married, even if it's not to your soul mate . . . and that marriage is hard, even if your spouse is your soul mate. Yet [Emily] Gould just sort of airily ignores this argument, even though it's really quite strong, and goes on an extended rant about Gottlieb's poor grasp of feminist principles. ... For all Gould's equally anecdotal evidence that women "aren't picky enough", Gottlieb is simply mathematically correct; the dating pool shrinks faster for women than men, which means fewer high quality fish left in the sea. Gottlieb's also right that the women who ended up alone in their 40s are, in my experience, mostly pretty unhappy about it. (So are the men in the same position. But the dating math isn't so cruel.) ... Feminists are no less prone than other women to resist thinking of romantic choices as pragmatic. Maybe more so, even, because relationships are supposed to be about self-actualization, not the prosaic projects of economic security and diaper-changing. Gottlieb's straying a little too close to Jane Austen territory . . . and even for her own time, Austen was overly brutal.--Megan McArdle
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Thursday, April 29, 2010
Quotes of the day
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