Ricardian Equivalence states that when the Government increases its spending, the people will reduce their consumption in preparation for higher taxes in the future. Therefore, any increase in G will be matched by an equal or similar reduction in C, resulting in government spending being unable to improve aggregate demand.
The basis of such a theory lies upon the belief that all humans are bound by strict rationality. In the above case, rationality dictates that the increase in current government spending will necessitate an increase in future tax receipts to pay off the deficit. Such rationality demonstrates human ability to make allowances for temporary changes.
Applying the same case of rationality to high heels, rational human beings will realise that the height of those high hell wearers are merely temporary, and there will a mental deduction of the height in accordance to their perceived normal heel height, thus resulting in no gain in the height impression of the wearer.
Therefore, in order to gain a distinct illusion of height gain, one will have to wear heels that are taller than common social norms. And as this becomes a prevailing mindset, there will be continued upward pressure to wear even taller heels until the limits of the human body are tested.
However, for those who eschew the wearing of heels, imperfect information will result in them being subjected to the identical mental reduction of height as others, therefore leading them to appear even shorter than they are in reality.
Does the utility of wearing heels outweigh the costs? Probably not. There is without doubt a gain in absolute height, but any gain in height impression (the main point of wearing heels), is suspect. One can contend that an absolute height gain proffers a feeling of command or authority. However contrasted against the costs (to health, zum Beispiel), it is dubious whehter the utility gained even approaches the costs incurred.
Prom was, erm, interesting.
Moroseness. A bitter cup of moroseness.
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{ 4 comments… read them below or add one }
that’s errr… an interesting pic of heels & write-up as well
curious, how rational are human beings in general?
Rational human beings, at the base level, would always maximize satisfaction (material etc) that they, or the people around them that they care, get.
I beg to differ slightly,
it’s not only about the height aspect …
heels help with making your ass look nicer .
heels make girls look nicer!