All Posts Tagged With: "status"

Money Talks?

When discussing business dealings, the phrase “Money talks!” often comes up. A similar aphorism is, “He who pays the piper calls the tune.” The idea behind such sayings is that a person who is paying money is the superior of the person receiving the money. The payer gets to determine the nature of the relationship, [...]

1Sep2003 | Gene Callahan | 1 comment | Continued

An Aristocracy of Pull?

There are two ways by which rewards can be allocated in a society: status or achievement. Although no society relies solely on one way, the weight placed on one side or the other has profound consequences not only for economic growth, but for politics as well. Societies that place too much emphasis on status will [...]

1Aug2001 | Thomas M. Wilson | 5 comments | Continued
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