Venkatesh Rao@vgr·Aug 18, 2015In a true leisure society, everyone's life becomes a pure costly signal. Peacockonomics.5818
Venkatesh Rao@vgr@GabrielDuquette In unbounded system, equilibrium can mean secular (non-periodic, non-stationary) motion. See for eg https://en.m.wikipedia.org/wiki/Turnpike_theory…1:25 AM · Aug 18, 2015