When
everyone is somebody, then no one’s anybody.
W. S. Gilbert, The Gondoliers
Lake
Wobegon, where all the women are strong, all the men are good looking, and all
the children are above average.
Garrison Keillor, A Prairie Home Companion
If you printed a lot of extra money and passed it around so as to make
everyone wealthier, the end result would merely be dramatically to decrease the
buying power of money. If you make it
easier for college students to get an “A” grade in their courses, the end
result will be that “A” grades will come to be regarded as a much less reliable
indicator of a student’s true merit. If
you give prizes to everyone who participates in a competition, winning a prize
will cease to be a big deal. In general,
where X is perceived to have greater value than Y and you try to raise the
value of Y by assimilating it to X, the actual result will instead be simply to
lower the value of X to that of Y.

















