Friday, January 19, 2007

From the horse's mouth

"What we're seeing is the top 1% struggling to keep up with the top 1/10th of 1%," he adds. "And those people trying to keep up with the top 1/100th of 1%. There is a drive by the merely rich to keep up with the obscenely rich." Dalton Conley, a sociologist at New York University who studies status (Wall St. Journal - subscription req'd.)

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