Paper argues status contests dominate post-abundance, markets may resolve them
Economist Paul Novosad recommends Vlad Tarko's paper on positional goods, arguing that as societies grow richer, zero-sum status contests dominate behavior, and markets may actually resolve such contests.
2026-11-16 ~ 2026-11-16 · 2 related posts
- Paper: Markets Fragment Status Wars While Governments Prop Up Hierarchies — paulnovosad · 2026-11-16
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