Is Pareto abused? Sure. But I think "premium mediocre" is as well. Which is a shame because it's a great concept -- I'd argue it's on par with McLuhan, Warhol,

Is Pareto abused? Sure. But I think "premium mediocre" is as well. Which is a shame because it's a great concept -- I'd argue it's on par with McLuhan, Warhol, and Postman's more quotable ideas. Rather than premium mediocre, I'd say Pareto is a hallmark of Veblenian Entrepreneurship[1], which is my favorite description of hustle porn. [1]:https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3479042 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3479042