Luxury Values – Veblen Goods (and Bads) and the Leisure Class – A Dead Economists Salon Series
OnlineThe Dead Economists Society Salon series continues as Bronwyn Williams and Peter Isztin investigate Veblen goods: products that become more desirable as they become more expensive. "With the exception of the instinct of self-preservation, the propensity for emulation is probably the strongest and most alert and persistent of the economic motives proper." ~ Thorstein Veble In this Dead Economists Society Salon, we will…