An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, July 25, 2013
Jonathan Larson — Status emulation as a change agent
Status emulation as a driving force in modern capitalism. Looks to be the harnessing of an evolutionary trait, although Veblen saw it as not only powerful but often also nutty.
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