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Why humans crave expensive things just because they're expensive: The science of Veblen goodsThese "Veblen goods," named after economist Thorstein Veblen who first mapped this peculiar behavior, reveal how deeply status-seeking is wired into our psyche. People aren't just willing to pay ...
A protective tariff is a typical conspiracy in restraint of trade. — Thorstein Veblen ...
MILAN - Fashion and design were largely perceived as feminine creative spheres for much of the 19th and 20th centuries. With her latest exhibition, "Fashion and Interiors: A Gendered Affair" at MoMu - ...
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Cost and benefits of rural studyUninformed observers may believe lower costs lead to lower quality. The Veblen Effect, named after economist Thorstein Veblen, suggests higher costs drive higher demand and, by magic, quality follows.
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