All that glitters
If you could add it all up, I wonder how much value is lost to ego/status maintenance globally
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If you start thinking of status as something like your social graph, then it starts to seem to have value itself.
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lot imho. value that requires status is fragile value
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This is globally underrated but overrated by those who would work to measure it.
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You would need an unconventional definition of value different from revealed preference to characterize ego maintenance as a loss -- that def'n might be better, but unsure what it should be in this case
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Couldn't we just add up all the lost (real) investment opportunities and expenses that ego maintenance requires?
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A LOT. An ego costs more than anyone can afford.
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Or how much is gained? How many people achieve enormous success and economic gains for purely egoic reasons?
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And at what cost to those around them?
End of conversation
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