The Lanyard Class
Ever heard that term? I certainly had not, until I came across it in an article I was reading in one of my many news sources (I have honestly forgotten which one). You can read an entire learned disquisition on the concept here, but the definition is pretty clear and intuitive. Members of this class in the advanced countries are people whose occupations require them to wear a lanyard all or much of the time.
By that definition, I was indeed a member. I was only expected to wear a lanyard (containing my name and academic home and perhaps whether I had paid for a dinner) at certain times. Usually it was when I was at a conference somewhere, but also at my home institution, if attending any event that included people from across campus. Interestingly, at one point late in my working life, the Powers at UWO decreed that they would institute a regime in which all faculty, staff and students would have to wear a lanyard at all times on campus, which would contain a bar code that was the only way to open the doors on campus buildings.
Right. The stated reason for this absurdity was ‘security’, as though it was in any way possible to keep undesirable folks off of a 1120-acre campus. The proposal was really all about Control, and for once my faculty colleagues rebelled. Sadly, the argument that was most instrumental in stopping this absurdity was that wearing a lanyard was somehow particularly oppressive for marginalized folks – you know the ones.
For myself, I think for once I responded well to this initiative. I put a chair in the hallway outside of my office with a carboard box on it, and a sign on the wall with an arrow pointing at the box, and the caption ‘lanyards here’. Got a fair number of kudos for that.
One more lanyard story. One of the very first professional conferences I attended was the annual gathering of economists from all over the world known as the AEA meetings. [AEA = American Economic Association]. They were being held in San Francisco, and I was all of maybe 28 years old, having lived my whole life before joining the UWO faculty in the Midwest.
This was in the 80s, long before San Fran had relocated itself to the third ring of hell, and I was a bit starry-eyed about the whole affair. Big, sophisticated city, famous (to me) economists giving learned talks, it seemed very cool. But here is the only event I still remember from that conference. I was on a shuttle bus taking people between hotels (thousands attend these things) when I looked out the bus window and saw a San Fran cop lecturing a group of earnest young Asian folks. Grad students, judging by their ages, likely there interviewing for jobs. I picked up just from what I could see that the cop was telling them to remove their conference lanyards while walking around in the city. You do not want to identify yourself as a clueless tourist in any big city. A kind act by said cop, but the bus moved on before I could tell definitively whether they had taken his advice.
Ok, back to the lanyard class. First, although I suspect it is unnecessary, here’s a picture of the key device:

Another, earlier term for the people who populate this class would probably be ‘Managerial class’, except that sounds like it refers only to people who work in the corporate world. In fact the lanyard class comprises those who work in the non-profit (including educational) sector, in governments of all levels, and those who work in the professions, like law, health and accounting. Not coincidentally, I think, most of them are employed by some LBO or other.
I will mention one other recent attempt to categorize the same group of people, then tell you why I think this is a useful and perhaps important concept.
A sociologist named Mussa Al-Gharbi has coined the term ‘symbolic capitalist’ to denote what is – I think – essentially the same group of people. He thinks the important thing that distinguishes the class is that ‘symbolic’ thing. These people’s work involves working only with symbols. By that definition, I was a member of this class, too. I wrote papers and wrote lecture notes and evaluated what students and other faculty wrote. All of it in symbols, which is what words and math and numbers are. Symbols.
That part of his definition I am good with, it’s the ‘capitalist’ bit that I think is off mark. None of these people own any capital in the usual sense. They have what economists call ‘human capital’, a broad term intended to capture all of the skills, talents and abilities people have. However, carpenters and plumbers also have human capital, just of a different sort.
It is clear that another thing that all members of the lanyard class share is having spent a lot of time acquiring education. The only possible exception to that might be in the political world, where there are a few politicians kicking around without some sort of university degree. [Ontario’s Premier Doug Ford attended Humber College for two months before dropping out.] Even DJT has a BS in Economics from Penn, which perhaps says something about how hard it really is to acquire that Ivy-League credential.
Here is why I think this is a useful distinction. I paste in below some findings from a survey done by pollster Scott Rasmussen (in the USA) on the difference between the attitudes of ‘elites’ and average Americans on a variety of questions. The analysis defines an ‘elite’ as anyone having at least one post-graduate degree, earning at least $150,000 annually, and living in high-population density areas (more than 10,000 people per square mile in their zip code). So, this notion of elite would comprise just the most highly educated subset of the lanyard class. I have seen other surveys with similar results, but this one is illustrative. Here is a summary of what is in the report Rasmussen wrote about the results of this survey, which was done in 2023. It details some of the answers people in his elite group gave to various questions :
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In a time when most Americans have suffered a loss of real take-home pay, 74% of elites say they are financially better off today than in the past, versus 20% of all Americans.
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Nearly six in ten say there is too much individual freedom in America – double the rate of all Americans.
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More than two-thirds (67%) favor rationing of vital energy and food sources to combat the threat of climate change.
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In stark contrast to the rest of America, 70% of the Elites trust the government to “do the right thing most of the time.”
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Two-thirds (67%) say teachers and other educational professionals should decide what children are taught rather than letting parents decide.
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Somewhere between half and two-thirds favor banning things like SUVs, gas stoves, air conditioning, and non-essential air travel to protect the environment.
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About six of ten elites have a favorable opinion of the so-called talking professions—lawyers, lobbyists, politicians, and journalists.
My point is this. Virtually everyone who has any influence on our governments’ behavior is a member of the lanyard class, and their attitudes toward virtually everything of importance are in direct opposition to the attitudes of the rest of the population.
Ok, that is admittedly an extreme characterization of the survey results, and to be clear, I have no idea how good a job Rasmussen did on this survey. But as I say, I think I have seen similar findings from other surveys, including one done by Princeton. I shall continue looking for those and report in when and if I find more data and analysis.
For now, I am suggesting that if most of us think most politicians and university types are out of touch with reality, this is a major part of the reason.
One last point. I wrote previously about the miserable turnouts in the US primary elections for federal office that determine which candidates end up in general elections. People in the lanyard class are much more likely to vote, because their income and education levels are high, and all the data says those two characteristics are positively related to voting. Thus, more of the people voting in primaries are from the lanyard class than that class’s proportion of the population.
To be clear about my point, here, I am pointing out the possibility of a government that exhibits what I would term ‘mismatch’. The people in positions of responsibility in our major institutions, including the government, seem to all come from a certain class of people, and that class of people seems to have very different attitudes than does the rest of the population regarding many important matters. If somehow it happened that most people in government and educational institutions came from rural, farming families, they too might have attitudes that differed from the rest of the population, and we would again see such mismatch.
The question of whether the attitudes of the lanyard class, which get folded into governmental policy, are in themselves wrong-headed is separate. I think many of them are, but not all, and again – the point here is that class sees many things differently than the rest of us.














































































