That essay—or perhaps its rebuttal—should be titled “Culture is Not About Consumption”. Making heavy implicit use of an assumed dichotomy between production and consumption, it’s a good example of the sort of Straw-Economist reasoning that plagues the LessWrongosphere.
You may be interested in a post on gwern’s site related to this topic.
That essay—or perhaps its rebuttal—should be titled “Culture is Not About Consumption”. Making heavy implicit use of an assumed dichotomy between production and consumption, it’s a good example of the sort of Straw-Economist reasoning that plagues the LessWrongosphere.
Great, thanks for the link. I’ve read a fair amount of his stuff, but I didn’t know he had an article on this topic.