An Inability to Audit

Celebrities are right to be concerned — in many cases there is no particularly good reason why they are famous. The reason why we have the “a-list” is to allow us to make some sense of who is important and why that matters. Becker’s Art Worlds, supposes that ranking systems provide us with some leverage to make decisions with scarce resources, which in capital intensive creative industries is quite a problem. Education is similar to other experience and post-experience goods as we are not especially good at knowing the difference between quality levels but are very willing to put very intense numerical measures on…