Re:Public Enemy: quotes from the Martin Shkreli jury selecti...
by corndoge on Wednesday August 16, 2017 @11:42AM
(#15028373)
"Guano (from Quechua "wani" via Spanish) is the accumulated excrement of seabirds, seals, or cave-dwelling bats.[1] As a manure, guano is a highly effective fertilizer due to its exceptionally high content of nitrogen, phosphate and potassium: nutrients essential for plant growth."
https://en.m.wikipedia.org/wiki/Guano
In other words -- why do I give a shit what Adam Smith's opinion is?
The term signalling does not mean the same thing as 'saying' or 'showing off' when it is used by economists or biologists. Signalling means credibly giving information that is difficult to prove just by saying it. For example, banks used to have very grand buildings. Any bank could claim to be safe, but only a bank that had lots of money could afford a grand office."
https://www.adamsmith.org/blog/stop-saying-virtue-signalling