David Friedman wrote, and others have claimed similarly: It seems obvious that, if one’s concern is status rather than real income, we are in a zero sum game. If my status increases relative to yours, yours has decreased relative to mine. … Like many things that seem obvious, this one is false. …
Fragmented status doesn’t help
Fragmented status doesn’t help
Fragmented status doesn’t help
David Friedman wrote, and others have claimed similarly: It seems obvious that, if one’s concern is status rather than real income, we are in a zero sum game. If my status increases relative to yours, yours has decreased relative to mine. … Like many things that seem obvious, this one is false. …
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