Source: Bet On It
by Bryan Caplan
“Do people want to be rich? Or just richer than their neighbors? Self-styled ‘realists’ have long defended the latter position: What human beings really savor is not material wealth, but feeling superior to others. … each of us possesses a nearly fool-proof short-cut to relative riches. Namely: Move to a poorer area. If you want to feel superior to your immediate neighbors, move to a poor neighborhood. If you want to feel superior to people in your state, move to a poor state. If you want to feel superior to people in your country, move to a poor country. When we look at human migration, all three of these choices are rare.” (03/05/25)