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"entertainment has become an inferior good" That's quite an interesting thing to say that is super true. Consumption of too much media is now a sign of low cla
by octaveguin 10y ago
"entertainment has become an inferior good"
That's quite an interesting thing to say that is super true. Consumption of too much media is now a sign of low class status.
- holmak 10y agoIn case you didn't know, "inferior good" is an economics term with a specific meaning: https://en.wikipedia.org/wiki/Inferior_good https://en.wikipedia.org/wiki/Inferior_good
- GFischer 10y agoThat said, his comment does have a point, and consumption of inferior goods themselves can be a signal of low status.