“Commercial roadways in communities that lack zoning laws, for example, are often an aesthetic nightmare not because of insufficient competition, and not because merchants are stupid or lack taste. Rather, the problem is that any individual merchant's sign won't be noticed unless it's bigger and more garish than those of rival merchants.” ProblemLawIndividualCommunityStupidExampleTasteBiggerCompetitionNightmareAestheticRivalsMerchantsInsufficient Author:Bob Frank
“There's no indication that middle-income families feel resentful about the bigger mansions and yachts. But the near-rich, whose social circles intersect those of the rich, are subtly influenced by them.” FeelsSocialRichMiddleBiggerCirclesIncomeIndicationMansionsYachtResentful Author:Bob Frank