Arnold Kling, at EconLog, writes...
"Market-oriented economists are accused of merely crafting an elaborate rationale for extreme status competition among the rich. I think there may be a grain of truth to this.
I feel the same way about economists who trumpet market failure and support strengthening government. On some level, they are merely crafting an elaborate rationale for extreme status competition among politicians."
Read the rest here.
Sunday, February 22, 2009
Seeking Status
Posted by Ben Asa Rast at 6:46 AM
Labels: Social Theory
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