Wednesday, January 29, 2020 Kobe Bryant’s "Letter to My Younger Self" Holds a Lesson for Us AllBryant’s “Letter to My Younger Self” was a warning about creating bad incentives. After his storied NBA career but before his tragic death at the age of 41, Kobe Bryant wrote a letter to himself. His 17-year-old self, to be precise. By this time, Bryant had accumulated five NBA Championship rings and a net worth of $680 million. But it wasn’t just material things Bryant had acquired. The Black Mamba had also collected a lot of wisdom, which was evidenced in his letter, titled “Letter to My Younger Self.” Here is what the former Laker star wrote:
There’s a lot to analyze there, but the message is simple: Giving people things might make you feel good, but it doesn’t always help them. In fact, Bryant said, it can hurt them. Bryant’s struggles with his family, of course, are well documented. His parents, Joe and Pam Bryant, famously did not attend his 2001 wedding in Dana Point, California. Neither did Bryant’s sisters Sharia and Shaya. Over the years, there was a lot of family friction in the Bryant family, and a lot of it stemmed from money squabbles. This included efforts to auction off Bryant’s personal memorabilia after the NBA star had withdrawn his financial support. “When u give Give GIVE and they take Take TAKE at [what] point do u draw a line in the sand?” Kobe Bryant tweeted at the time, using the hashtags “hurt beyond measure,” “gave me no warning,” and finally, “love?” Many people might contend that Bryant had a responsibility to take care of his family members. He was wealthy, after all. Why shouldn’t he give back to them? Economics and Human ActionThere are those who contend that economics is best understood through the lens of human action, and human action is best understood by studying incentives. Incentives, to quote the authors of the best-selling book Freakonomics, are “the cornerstone of modern life.” They constantly shape our thoughts and behaviors in both positive and negative ways. Bryant’s greatness was a story in good incentives. Those “nine-hour training days” that Bryant referenced didn’t happen by accident. He was driven by numerous incentives: wealth, fame, rings, and a hunger to be the best. Bryant’s letter to his younger self was in a sense a warning about creating bad incentives. Early in his career, Bryant began giving his family large sums of money. He had been blessed with great wealth, and it made him feel good to share it with his loved ones. However, he saw it was having unintended consequences. He saw that for some family members, this generosity was “eating away their own dreams and ambitions.” The money had become an “addiction” to them. Bryant appeared to believe that by making his family too comfortable, he was actually inhibiting their growth. Wise GenerosityWriting to his younger self, Bryant said he’d do things differently. He would not cut off his family, but he’d give to them more intentionally, more wisely. Human beings are called to grow and create, not merely consume. It wasn’t that Bryant didn’t have enough money to give; he did. But he came to believe his money was having a corrosive effect, not a healthy one. There’s a fine line between giving to the needy or those you love and making others too comfortable in their station. This is one of the reasons some of the Founding Fathers were skeptical of government handouts to provide for the poor. “I think the best way of doing good to the poor is not making them easy in poverty,” Ben Franklin once observed, “but leading or driving them out of it.” Those who have much are called to be generous, but we must also give wisely lest we rob people of the dignity of work and human growth. Kobe Bryant understood this better than most.
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