A "properly-knotted tie" always restricts blood flow to your brain, and jackets in hot weather are ridicuously uncomfortable (particularly when you are in a hurry). You can be well dressed without wearing unhealthy, outmoded clothing.
Let's be reasonable--your clothing should match your job and your location. If you're pouring asphalt on a hot summer day in Phoenix, wear jeans, boots and a sleevless t-shirt.
If you're a professional however, working in an office is your primary environment. Those offices usually have climate controlled areas, and the time you spend outside is minimal. There's no excuse.