The new, subtle ways the rich signal their wealth
Spending more on health, education, and retirement is thinking long-term. Is that a cause or an effect of being wealthy?<p>Perhaps in the old days, when overt classism was still accepted,  conspicuous consumption yielded something for the spender. Now it is often frawned upon in the West, why bother? So the money saved is invested in consumption&#x2F;investments with better returns. That is rational.