Posts Tagged ‘assymetric information’

Is Christianity a “credence good”?

February 13, 2009

Usher: Deak, I was studying how the humans do church and credence good came up in my Wiki search…

Deacon: That’s pushing the envelope just a little, don’t you think?

Usher: I don’t think so – after all, people take the advice every week on what they should do, then they trust the guy giving the advice, pay him huge amounts of money (as he instructs them) and according to the definition, they have no way of knowing if what they do has any affect…

Isn’t it sweet when you can provide a “service” to people who have no way to measure it’s effectiveness?

Deacon: But people don’t consider church a service, do they?

Usher: I don’t know what to call it other than a service.  They bring their kids in for “servicing” in nursery and Sunday School, they call the weekly meeting a “service”, and then they call their members to “serve” for free….What a cool racket…I think we should have a service every time we find roadkill and then we could charge admission to have access to what is actually free….We could get rich and everyone would simply keep coming back and paying us for a good that is “assumed” as opposed to being real…

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