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Perhaps you are not in the intended audience? This is a social science paper. I know a little bit about economics and social science, and for me the phrase "Ve
by neilk 6y ago
Perhaps you are not in the intended audience? This is a social science paper.
I know a little bit about economics and social science, and for me the phrase "Veblenian Entrepreneur" was immediately meaningful and helpful. It gives me a theoretical frame for understanding a whole constellation of behaviors I've personally observed, and the incentives that drive them.
What I think this paper contributes is the idea of the entrepreneurial industry itself; that the low quality of ventures isn't a bug, but a feature. It's an integrated system to provide necessarily expensive social and signalling needs.
Some famous investors have questioned universities for the same reasons. The irony is that it might also be happening to technology ventures too.
- jostmey 6y agoPlease stop throwing around the word "science" here. I see no science in this whatsoever. Science is formula for validating information requiring experiments and controls, which this does not have. Science falls within the domain of research, but not all research uses science
- dang 6y agoPlease don't take HN threads on generic ideological tangents. They lead nowhere new or interesting. This is in the site guidelines: https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html. Plenty of past explanation here: https://hn.algolia.com/?dateRange=all&page=0&prefix=true&query=by%3Adang%20generic%20ideolog&sort=byDate&type=comment https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...