Morgan Housel

That's the goal, isn't it?

Like, wouldn't it be a failure if our great-grandkids lived the exact same life that we do today and have to work just as hard and work the same hours?

That sucks.

And that's always been true.

If you look at a middle-class, ordinary American today, not someone who's super affluent,

Middle-class American.

By the standards of 1900, let's say, they are spoiled rotten.

They are absolutely spoiled rotten.

And if the person in the 1900s had a time machine to come today, they wouldn't stop laughing at how spoiled this person was and how trivial their problems were.

And – but again, like that's the point.

The point is that we have innovation and technology over time so life becomes a little bit easier.

It's always the case that to the previous generation that had it harder, it looks – the phrase you use is spoiled.

But I think what's actually happening is progress.

And so – but now I understand that you want your kids to be grateful.

You want them to be hardworking and whatnot.

But –

Compare how people react when they get the flu today to the standards of 150 years ago where it's like you had eight kids and seven of them died of infectious disease before their fifth birthday or whatever it was.

Like, oh, boo-hoo, you got the flu.

You got a headache for a day.

But that's not how we think about it.