But suppose everyone was required to show off their account balances. As an example, imagine a system where anyone could easily look up the wealth of anyone else, via some database. Then people would probably shift towards conspicuously saving more and conspicuously spending less.
Given that such systems exist in the real world in Nordic countries, it would make sense to look at them when discussing them.
I was able to find articles that talked about Norway’s system that requires people to disclose their tax return to others, and other articles that talked about how you can view someone’s salary in Sweden. I don’t know if these were the policies you were referring to. If they were, then I must say that these are interesting systems and worth reading about, but not they’re also not quite what I am proposing, since they don’t seem to be about encouraging people to save money.
As a side note this seems like it would be really efficient. A McMansion is basically a single family home, built essentially for the purpose of providing housing plus about double to triple the materials and labor adding essentially ‘bling’. Tons and tons of just stuff, often badly thought out with cheap materials, for the sole purpose of convincing visitors that the owner is wealthy. See here: https://mcmansionhell.com/
It has occurred to me that a home designed for the needs of the present occupants, with a ‘stock ticker’ that announces the net worth of the owner to any visitors, would serve the same purpose more efficiently. Or a machine that uses air to push $100 bills through pneumatic tubes in a loop so that visitors can directly see some of the owner’s assets.
Given that such systems exist in the real world in Nordic countries, it would make sense to look at them when discussing them.
I was able to find articles that talked about Norway’s system that requires people to disclose their tax return to others, and other articles that talked about how you can view someone’s salary in Sweden. I don’t know if these were the policies you were referring to. If they were, then I must say that these are interesting systems and worth reading about, but not they’re also not quite what I am proposing, since they don’t seem to be about encouraging people to save money.
As a side note this seems like it would be really efficient. A McMansion is basically a single family home, built essentially for the purpose of providing housing plus about double to triple the materials and labor adding essentially ‘bling’. Tons and tons of just stuff, often badly thought out with cheap materials, for the sole purpose of convincing visitors that the owner is wealthy. See here: https://mcmansionhell.com/
It has occurred to me that a home designed for the needs of the present occupants, with a ‘stock ticker’ that announces the net worth of the owner to any visitors, would serve the same purpose more efficiently. Or a machine that uses air to push $100 bills through pneumatic tubes in a loop so that visitors can directly see some of the owner’s assets.