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Now you're starting to mix things up. Yes, there is a small subset of goods that constitute Veblen goods. Yes, the price of anything is what people are willin
by gozur88 10y ago
Now you're starting to mix things up. Yes, there is a small subset of goods that constitute Veblen goods. Yes, the price of anything is what people are willing to pay. But people don't pay more because they can afford it.