Toby Stuart (Anointed: The Extraordinary Effects of Social Status in a Winner-Take-Most World) is an organizational theorist, professor of business administration at UC Berkeley’s Haas School of Business, and author. Toby joins the Armchair Expert to discuss attending Harvard Business School before knowing what business school was, the role of sanctioning mechanisms in a social hierarchy, and how circles of status can affect the value of works of art by millions of dollars. Toby and Dax talk about the ‘cool’ experiment he conducted on dating apps, the observation that anything of status plays out in Hollywood or among ten-year-olds, and how the anointing ritual reflects across various social strata. Toby explains why status is unlike most resources in that it can be given away but doesn’t deplete, what distinguishes merit when evaluating a bottle of wine, and implications for those that over-index in the prosperity gospel. Watch Armchair Expert episodes: https://www.youtube.com/playlist?list=PLzPEuwClyOzDdlrAmU-IwKncG87qrF7Vw Follow Armchair Expert on social: https://www.instagram.com/armchairexppod https://www.facebook.com/ArmchairExpPod/ https://twitter.com/armchairexppod Connect with Wondery https://wondery.com/shows/armchair-expert-with-dax-shepard/ https://www.facebook.com/WonderyMedia https://twitter.com/WonderyMedia https://www.instagram.com/WonderyMedia https://www.tiktok.com/@wonderymedia About the Show: Hi, I’m Dax Shepard, and I love talking to people. I am endlessly fascinated by the messiness of being human, and I find people who are vulnerable and honest about their struggles and shortcomings to be incredibly sexy. I invite you to join me as I explore other people’s stories. We will celebrate, above all, the challenges and setbacks that ultimately lead to growth and betterment. What qualifies me for such an endeavor? More than a decade of sobriety, a degree in Anthropology and four years of improv training. I will attempt to discover human “truths” without any laboratory work, clinical trials or data collection. I will be, in the great tradition of 16th-century scientists, an Armchair Expert. Watch Armchair Expert every MONDAY, WEDNESDAY, and FRIDAY here on Youtube! Listen to episodes ad-free by joining Wondery+ in the Wondery App, Apple Podcasts or Spotify. Start your free trial by visiting https://wondery.com/shows/armchair-expert-with-dax-shepard/ Chapters: 0:00 – Intro 1:12 – Interview with Toby Stuart 1:21:26 – Fact Check #armchairexpert #daxshepard #tobystuart #socialstatus