The Status of Status Games - The Dismal Science
Eric Crampton • Dec 26, 2014 •
I don't worry too much about notions that consumption is driven by status-seeking. Not because it isn't - it would be surprising if at least some consumption weren't status-driven. Rather, because status-seeking affects just about everything, from consumption to not consuming to leisure to exercise and more. The richest entrepreneurs got that way by coming up with new goods and services … Read More