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Expertise is a positional good.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Migeru (migeru at eurotrib dot com) on Mon May 19th, 2008 at 10:56:54 AM EST
[ Parent ]
Absolutely, to such an extent that people will seek it out to improve their status among their peers.

That's why I go on beer tours with Helen - it's purely the status boost of hanging out with an expert.

by Colman (colman at eurotrib.com) on Mon May 19th, 2008 at 10:58:39 AM EST
[ Parent ]
Now you're being provocative.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Migeru (migeru at eurotrib dot com) on Mon May 19th, 2008 at 11:03:22 AM EST
[ Parent ]
That means no one is allowed be pissed off at me, doesn't it?
by Colman (colman at eurotrib.com) on Mon May 19th, 2008 at 11:04:42 AM EST
[ Parent ]
No one ever is.
by afew (afew(a in a circle)eurotrib_dot_com) on Mon May 19th, 2008 at 11:12:23 AM EST
[ Parent ]
Oh excellent. I'll refer them to you in future then.
by Colman (colman at eurotrib.com) on Mon May 19th, 2008 at 11:14:23 AM EST
[ Parent ]

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