Volume 4 · The Ledger and the Loom · Essay 138
Intra-Elite Competition
There are ideas that shout. Intra-Elite Competition is not one of them. It waits quietly until the day you need it.
The idea is simple, and like most simple ideas it is easy to nod at and hard to use. The nod is free. The use costs attention, every day, in small change.
Strip it to the floor and you find an old instruction: look carefully, judge slowly, act decently. The new name exists because the old instruction keeps being forgotten.
The housewife with her kitchen budget runs a tighter ship than most finance departments. She knows the difference between price and cost — one is on the tag, the other is on the month.
Money is a good clerk and a terrible master; the arrangement is entirely up to us. Print it on a card if you like. Better: print it on a habit.