‘If you have a garden and a library, you have everything you need.’ –Cicero
Most people own things that they don’t really need. It is worth thinking about why. […]
A policy aimed at curbing luxury shopping might involve higher marginal tax rates or, as a more targeted intervention, a consumption tax. As it becomes harder to afford a Rolex, people will devote more money to pleasures that really matter. Less waste, more happiness.
photo { Teale Coco by Ben Simpson }
