One of history’s few iron laws is that luxuries tend to become necessities and spawn new obligations.
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I read books and provide quick dense insightful points of the book. I also omit some points of a book if they are repetitive and are found in various other books. Hope you find it helpful. Cheers! Reach out to me on discord @rohitpatnaik
Great book, a must-read for anyone who wishes to understand humans.
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Our past luxuries just end up being necessities in a blink of an eye, once people get used to them.
This also creates new obligations and the domino effect of a further set of expenses and tasks, leading to new kinds of services and optimizations.
One of the most researched laws of social psychology is the “mere exposure effect.” In a nutshell, it means that the more we’re exposed to something, the more we tend to like it.
This happens with...
The Luxury Trap reveals how expectations rise to consume resources supposedly freed by efficiency. This paradox operates because:
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