There's no indication that middle-income families feel resentful about the bigger mansions and yachts. But the near-rich, whose … - Bob Frank

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We're far from having too much horsepower. . . my definition of too much horsepower is when all four wheels are spinning in every gear.

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.

Circles, Families, Income, Mansions, Resentful, Rich

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As the great naturalist Charles Darwin saw clearly, individual and collective interests often coincide, as in the invisible hand narrative. But he also saw that in many other cases, interests at the two levels are squarely in conflict, and that in those cases, individual interests generally trump. That simple observation suggests that market failure is often the result not of insufficient competition (the traditional charge from social critics on the Left), but of the very logic of competition itself.

Critics, Darwin, Interests, Invisible Hand, Simple, Two

In the long run, greater investment would mean greater productivity and income growth.

Growth, Investment, Long, Mean, Run, Running

A flat tax is roughly the same as a sales tax.

Flat Tax, Flats, Roughly, Sales, Same, Taxes

The upshot is that to send its children to a school of even average quality, a family must outbid half of other similar families who are pursuing the same goal. And that's become dramatically more expensive because of the growth in median house size, which was in turn caused by higher spending at the top.

Average, Children, Half, Pursuing, Quality, School

Virtually all families in the middle of the earnings distribution aspire to send their children to a school of at least average quality. (We'd think ill of any parent whose aspirations were lower. ) The rub is that the best schools tend to be located in more expensive neighborhoods.

Children, Expensive, Parent, Quality, School, Thinking

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A. B. Simpson

We must surrender ourselves so utterly that we can never own ourselves again. We must hand over self and all its rights in an eternal covenant, and give God the absolute right to own us, control us and possess us forever.

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Dominic Cooper

I've always been astonished by how wonderful he [Timur Bekmambetov] makes something look for so little. I think he shoots action like no one else.

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Mark Donohue

We're far from having too much horsepower. . . my definition of too much horsepower is when all four wheels are spinning in every gear.

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Florence Ellinwood Allen

You have had indeed a fair trial. It is a shocking thing when a judge of your high office is shown to have betrayed the truth and his honor, and I sentence you to the penitentiary.

Betrayed, Honor, Judge, Judging, Office, Trial

Chrysta Bell

Meditation is like taking a little milk and honey bath on your psyche. "Just let that go, no, you don't need that. " Then you're like, "Oh, I didn't need that," and it's really just a perception shift. I think what happens in meditation is that you drop into the oneness, and you have this little reminder that that's the truth, and what we're doing here is this game. . . this life experience gift.

Like, Meditation, Perception, Taking, Think, Thinking