Governments are different than firms, right? Maybe not. When it comes to size, governments behave like they’re just another firm.
Governments are different than firms, right? Maybe not. When it comes to size, governments behave like they’re just another firm.
When it comes to income, economists ask the wrong question. So they get the wrong answer.
I use the Ontario Sunshine List to shed light on how income grows with hierarchical rank.
Income in the US military follows the power ethos — to each according to their social influence.
In the US military, returns to education are mediated almost completely by hierarchical rank.
Economists purge the social environment from their theory of human behavior. Here’s why this is a mistake.
If you’re good at something that isn’t valued by other people, you won’t be rewarded. This is the tyranny of meritocracy.
I review evidence for the power ethos inside modern firms.
I continue to explore how our evolved sociality explains resource distribution. I discuss the power ethos — the idea that individuals get resources in proportion to their social influence.
It’s time to put economics in line with the rest of science. We need a theory of resource distribution that accepts our evolved sociality.