In this book, a renowned structural anthropologist collaborates with an economist to propose an explanation for one of the great mysteries of economics: where do "preferences" come from? Much of neoclassical economics rests on the assumption that, once we know the basic desires and tastes for a given population, we can then understand how people make rational decisions about how to acquire them and how to allocate their resources. The actual preferences themselves, however, are a black box. Douglas & Isherwood tackle this problem, evaluating several theories of "rational" economic actors from cross-cultural and systems theoretical perspectives. Their answer is that many of these mysteries are not so mysterious after all: we have good reasons for valuing the things we value, and many of the apparently frivolous fads and fashions are in fact life-and-death matters. "Good taste" is an index of social connections, of reproductive fitness, of one's ability to mobilize resources -- and in a society increasingly dependent on information and services rather than physical products, the race to remain on the cutting edge becomes like traveling with the Red Queen, faster and faster just to stay in place. Along the way, Douglas throws out a number of gems which are incidental to her argument, including a proposal for why women's work is always and everywhere valued less than men's. This book is a must-read for anyone interested in what anthropologists can tell us about the deep logics of behavior in the consumer society.