Analysis of the paper: Less Competition, More Meritocracy (hat tip: Marginal Revolution: Can Less Competition Mean More Meritocracy?) Epistemic Status: Consider the horse as if it was not a three meter sphere Economic papers that use math to prove things can point to interesting potential results and reasons to question one's intuitions. What is frustrating is the failure to think outside of those models and proofs, analyzing the practical implications.
Less Competition, More Meritocracy?
Less Competition, More Meritocracy?
Less Competition, More Meritocracy?
Analysis of the paper: Less Competition, More Meritocracy (hat tip: Marginal Revolution: Can Less Competition Mean More Meritocracy?) Epistemic Status: Consider the horse as if it was not a three meter sphere Economic papers that use math to prove things can point to interesting potential results and reasons to question one's intuitions. What is frustrating is the failure to think outside of those models and proofs, analyzing the practical implications.