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David_J_Balan comments on Intellectual Hipsters and Meta-Contrarianism - LessWrong
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There is a neat paper on this by Feltovich, Harbaugh, and To called "Too Cool for School? Signaling and Countersignaling."
http://www.jstor.org/pss/3087478
A little more from Harbaugh's home page http://www.bus.indiana.edu/riharbau#CS. Includes the Economist puff piece and an unedited version with some fun-but-unconvincing examples.
Fun fact: Harbaugh also made a searchable Chinese dictionary. (zhongwen.com)