torekp comments on A signaling theory of class x politics interaction - Less Wrong

53 Post author: Yvain 17 October 2011 06:49PM

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Comment author: torekp 18 October 2011 01:23:38AM *  9 points [-]

Agreed, with this note: last place doesn't normally mean last in the whole country. Each person has a smallish reference group. Moreover, wealth rankings are fuzzy (unless you define a precise metric, in which case they're artificial). You need to have a clear advantage over someone in order not to be effectively tied for last.