shuttehface on Nostr: For the highly regarded (like me): A Veblen good is a type of luxury good, named ...
For the highly regarded (like me): A Veblen good is a type of luxury good, named after American economist Thorstein Veblen, for which the demand increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve.
Published at
2023-12-16 20:53:32Event JSON
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