Overcoming Bias : We Moderns Are Status-Drunk

CREATED: [2021-11-19 Fri 15:24]
ID: 74b8a3a3-e798-46c3-ab8c-dcc9e9ee5694
ROAM_REFS: https://www.overcomingbias.com/2021/06/our-big-wealth-status-mistake.html
REVIEW_SCORE: 0.0
MTIME: [2024-12-25 Wed 16:03]

My key hypothesis is this: evolution had humans use their absolute income/wealth to judge their relative status. (I’m talking here about overall status in the larger community, not status relative to particular associates; we have many better clues to judge that.) Yes, this method would work badly in environments where communities varied greatly in average levels of absolute income/wealth. In that case, someone rich might think that they had high relative status, when in fact most everyone in their society was also rich.