I'll start discussing Geoffrey Miller's new book Spent soon. But first let me review its main predecessor: Robert Frank's book Luxury Fever, from 2000. Miller on Frank: I owe Gad Saad and Robert Frank a great debt for their groundbreaking work. … Frank's reasoning, like mine, is that many purchases function as positional goods that display one's wealth, status, or personality traits rather than yielding true happiness benefits or fitness payoffs to the purchaser. … All my arguments are highly supportive of Robert Frank's proposal for a progressive consumption tax. (p27,312)
Luxury Fever
Luxury Fever
Luxury Fever
I'll start discussing Geoffrey Miller's new book Spent soon. But first let me review its main predecessor: Robert Frank's book Luxury Fever, from 2000. Miller on Frank: I owe Gad Saad and Robert Frank a great debt for their groundbreaking work. … Frank's reasoning, like mine, is that many purchases function as positional goods that display one's wealth, status, or personality traits rather than yielding true happiness benefits or fitness payoffs to the purchaser. … All my arguments are highly supportive of Robert Frank's proposal for a progressive consumption tax. (p27,312)
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