Anointed

“See, but the idea of anointed, excuse me, but the idea of anointed is uh there's a lot of that laying around influencing me in ways that I probably don't realize.”

“Our topic for today is his book Anointed, the extraordinary effects of social status in a winner takemost world. Toby, welcome to Econ Talk.”

“Um in the modern world, you know, the book argues it does a whole lot more than that. Um and you know, the the other kind of main functions of the status hierarchy is one, it helps us resolve uncertainty and judgment.”

“I mean so there are these products where and you know weirdly there are products where there you know I sort of get into this a little bit in the book but like if you're a social scientist you you just wouldn't expect status dynamics there”

“And and in fact I you know a central central point in the book is that the reason we have the status system is functional like we have we have a curatorial problem right and we just talked about art”

“And so I started to like chase down Michishel and starred chefs cuz that that was just for me that was there the book there's a there's a hundred examples of stuff in the book and you know and they're like the ones I found interesting or fun as I was writing it.”

“So, so in the in the book, you know, I I I I argue there's like three and a half sources of status. The one, you know, that that we're talking about with expertise.”

“my guest today has been Toby Stewart his book is anointed”