The illusion of afterimages appearing to vary in size despite a constant retinal image is precisely what we must predict if perceived size is governed not only by visual angle but also by distance. The two seemingly different facts, that images of the same size lead to perceptions of different size (Emmert’s law), and that images of different size lead to perceptions of the same size (constancy), in fact illustrate the same principle: Distance is taken into account in computing object size from image size. This leads to illusions such as in Emmert’s law when the image remains constant and to veridicality (or constancy) when the image diminishes with distance. This principle also helps explain a common illusion of size in viewing the moon.