Economics Anonymous

Here’s one for the economics nerds: YouNotSneaky has a long

post, with more than a few Hamiltonian multipliers and reciprocals of the rate

of intertemporal substitution, on whether

people buy more stuff because they want to increase their status. (Short

answer: no.) It makes for an interesting read, and is written in a most lively


But also: How would an economist explain the existence of this blog

entry in the first place? The key here is that the author is anonymous, and

therefore cannot get much obvious benefit from it. Economists blogging I can

easily understand; economists blogging anonymously is harder.

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