ChrisC wrote, yesterday: "I’m not sure if this is something you have already posted about, but to add to your comments on economics: Boots Theory.
Cool.
Here's The Boots Theory, in case you don't want to follow that link: "The boots theory comes from a passage of the 1993 novel Men at Arms [by the late Sir Terry Pratchett], the second novel to focus on the City Watch, in which he muses about his experiences of poverty as compared to his fiancée Lady Sybil Ramkin's conception of poverty:
The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles. But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that'd still be keeping his feet dry in ten years' time, while a poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet. This was the Captain Samuel Vimes "Boots" theory of socioeconomic unfairness.
I've never heard of "Boots Theory" per se (thanks for that) but I've written about that very thing, for instance in the first paragraphs of this post from 2015. Three points by way of commentary: I heard once that the MacArthur of the MacArthur "genius" grants made his fortune in insurance, but that he self-insured his own cars. It might be apocryphal that he said "insurance is a ripoff" by way of explaining why. Next point, consider that my father, when we moved to Washington, D.C. in the 1970s so he could work for NASA, paid $200k for our house in Maryland just across the D.C. border (Zillow "Zestimates" its current value at 11 times[!] that), and he paid cash. (He was Dave Ramsey before Dave Ramsey was Dave Ramsey.) Then consider that for most middle-class people, the no. 1 or no. 2 expense of their entire lives is the interest on their house. As I said in that 2015 post, "the reality of having no money is that it costs more. Not 'more' in any diffuse general sense, taking into account intangibles like limitations on life choices and personal satisfaction: it just costs more in plain ol' money." The third point: my grandfather, an investment banker whose lifestyle I like to semi-humorously describe as "Downton Abbey at one-quarter scale," used to say you should "buy the best." When I was a young teenager, I asked him why, and he said "if you buy the best you only have to buy it once." There's Boots Theory right there...
...And a bit of advice I probably should have followed when it came to cameras!
And believe me, I've often thought about what might have been. I actually wrote a manifesto-style little essay in the 1980s declaring that I wanted to be like Eugene Atget, and continue doggedly with one technique for my whole life, except in my case it would have been what I called my "Photo 101 technique": a 35mm camera, fast B&W film, and smallish prints reproducing the whole negative out to the blackline:
Photo-101-technique prints. Paper size is 11x14 inches.
At the time I couldn't even image how such an ordinary technique would be come obsolescent, although of course now it has. So what might my life have been like if I had stretched for that out-of-reach M6 at Industrial Photo off the beltway in Maryland back in 1984, and then kept using it and actually fulfilled my little manifesto? I might still have it today, and be using a newer one or an M7 or something. Would I still be at it?
If I had bought an M6 and three lenses back then and kept using it, I would have been way ahead of where I actually am. I can't estimate how much I've wasted spent on cameras since then, but $20,000 is way too low an estimate.
Of course, it's a moot point, because I turned out to be a writer—a magazine/Web writer—rather than (primarily) a photographer. I didn't know that's what was going to happen, at the time. (Funny, though, I still consider "Photo-101 style" B&W my "real" work. I've never been able to completely "own" digital inkjet prints in color as being wholly "me.")
My point here is smaller than you think
And an answer to Thom and everyone else who suggests used gear: it's been my observation that a certain subset of hobbyists prefers used gear, probably because it's a financial win: it's cheaper, still useful, and satisfies an urge for thrift that's important to them. But by "hobbyist" I certainly didn't mean "rank beginner." They're not hobbyists. Yet. A hobbyist would more likely be someone who already has a number of older cameras (the older they are, the older their old cameras). I would counter the "buy used" approach with another subset you're very familiar with: those who are so eager to own the latest thing that they'll discard superseded models that are still in great condition and still have a lot of life left in them. (Y'all know who you are. Haven't we all done it at least once or twice?) The ones who own an X-Pro2 and just have to have an X-Pro3 as soon as it appears. That's a big group too.
I won't ask Thom how many times in his career he himself has been satisfied to buy a 5-year-old camera for his professional and personal work. It's not a fair question, as I well know, because we have to write about the newest gear and we need to be familiar with it, he much more than I.
Several readers took me to task for creating a litany of "apex" cameras and not considering the reasonably-priced alternatives that are good enough. D B wrote: "Re: the question 'are hobbyists being priced out of the hobby,' I agree with Ken T.: you (we) are not. What the heck do you (we) need a Z9, A1, or GFX 100S for?"
But that's an interesting aspect of this: how can an enthusiast site survive if it doesn't consider the best gear in the field at least occasionally? But it's been getting sort of pointless. If I write about a $6,000 camera body, the portion of readers with a real interest in the product is just so small, for the simple reason that most of them would not spend that much on a camera even if they can. I know I wouldn't. Some of you would read it anyway and might even enjoy it, but, well, there's that "what has this got to do with me" reaction that I worry about, too. The equation has gotten more...fraught, let's say.
All I was really saying with the post is that the trend to five- and six-thousand dollar camera bodies might be putting a damper on enthusiast participation in the hobby, merely because those prices close off what is conventionally considered to be the most interesting and most desirable end of the market to a greater proportion of us—that is, the total set of "all hobbyists" or all enthusiasts. I do think that's true to some extent, notwithstanding a.) those who don't desire the apex cameras, b.) those who are satisfied to buy five-year old cameras, and c.) the existence of capable intermediate-priced models. (I'm also saying that those models wouldn't exist at all if we lived in a more egalitarian society, but that's just theoretical musing.)
As John Camp wrote, "Your complaints are reflected in virtually every hobby that equipment freaks have come to dominate—hi-fi, photography, music, horse competitions, computer gaming, sporty cars. But at the extremes, except perhaps for a very, very tiny professional minority, it's all Veblen."
Anyway, I don't mind if you disagree with me. It was actually a smaller point than many people took it to be. It's just a bit of a practical problem for me these days, that's all—since I ought to be making smart decisions about what to write about.
Mike
Book o' the Week
All About Saul Leiter. The Amazon writeup for this book says "Photography lovers the world over are now embracing Saul Leiter"—and oh boy, is that ever true of me—"who has enjoyed a remarkable revival since fading into relative obscurity in the 1980s." One of my favorite photographers. Beautiful photopoems. Saul's Early Color (which you can still get for around $300) was one of our all-time bestselling book links. (I bought two, one to thumb and one to not touch!)
This book link is a portal to Amazon.
Original contents copyright 2020 by Michael C. Johnston and/or the bylined author. All Rights Reserved. Links in this post may be to our affiliates; sales through affiliate links may benefit this site. As an Amazon Associate I earn from qualifying purchases.
(To see all the comments, click on the "Comments" link below.)
Featured Comments from:
Nick: "When I started reading about cameras and photography in earnest, ca. 2009, I coveted the near-top models: Not the huge, pro-grade cameras, but the higher-end enthusiast cameras, like the Nikon D70. I talked myself down a bit ('for the time being,' I said) and bought into Micro 4/3 for a fraction of the price. I figured I'd sell it and get a 'real' enthusiast camera in a couple of years.
"Now, 13 years later, my income is higher, but I've stopped reading gear sites almost entirely. I just made my first gear purchase since the pandemic started: A $320 used OM-D E-M10 Mark II to use as a second body. My last purchase before that? A $320 used OM-D E-M10 Mark II to replace a Mark I that died a week before a scheduled trip to Japan. I make a good bit more now (even inflation-adjusted) than I did then, but between the rapidly increasing prices of enthusiast gear and my contentment with what I had on hand, my covetousness dwindled to almost nothing and my priorities shifted. My (still limited) disposable income goes to getting to new places to take cool photos (see above about the trip to Japan), not on the gear with which to take them. From my point of view, the lack of focus around here on gear, especially stratospherically-priced gear, is definitely a feature, not a bug."
Mike replies: I'll tell you what else pertains: consistency. Once you've done 13 years of Micro 4/3, you might want your new pictures to continue to look like your old ones. I understand this isn't always the case; sometimes people are eager to make a break and create work that has a new look. But sometimes we don't want that.
Stephen S.: "I have owned thirty Micro 4/3 camera bodies, from the bottom of the range to the top, all purchased used. Regardless of how much they were used (going by shutter count and cosmetics,) the factor that most determined which ones would fail was how much they originally cost. The lower-end cameras were far more likely to have shutter failure, command dials that didn't respond, broken battery doors, and LCD screens that blanked out, sometimes at varying degrees of tilt. It seems to me some corners were cut in their design, in order to cut costs. When they were new, it may have had made sense to save several hundred dollars by buying a lower-end camera that could produce the same images, even if it was lacking a few features. However, if buying older gear used, it now only costs a little bit more for the higher-end models, and in my experience they are far more reliable. With warranties expired, and in some cases even paid repairs completely unavailable, this is an even more important factor."
MIKE: "Boots Theory? So true, but instead upgrade to Furniture Theory. Do we imagine that the rich have to go out every two or three years to replace their IKEA furniture? Or do we conjecture that the family probably hasn't bought a new table in centuries, not since great great great great (you get the idea) grandfather bought the Chippendale table that's still in the dining room. My Dad always said the Rich live cheap."
David Lobato: "Several years ago there was an article about tripods. Photographers often bought cheap ones to start. Then when its limitations arose they bought an incrementally better tripod, and so on. Turned out that it was much more cost effective to initially buy an expensive tripod."
Mike replies: It's about the only thing I've done right. I bought a very expensive Gitzo Studex in maybe 1982, used it for 30 years, then replaced it with a very expensive carbon fiber Gitzo Mountaineer which I'm sure is my last tripod.