Stanley Marcus (the Marcus in Neiman Marcus department stores) once said that "a casual wardrobe produces a casual attitude." Science is proving him right. It turns out that wearing formal clothes "makes people think more broadly and holistically." Wearing a suit or other business wear will likely make you think more like a powerful person and act more like a powerful person.
While I believe this broad thinking and confidence is largely a good thing ("dress better than you have to" is one of the axioms I live by), there can be negative consequences: thinking of yourself as powerful and in a higher social class might make you less ethical.
Pop culture crossover: Mad Men!
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