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

1 near-duplicate retellings: paulnovosad