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https://en.wikipedia.org/wiki/Veblen_good https://en.wikipedia.org/wiki/Veblen_good
by the-dude 7y ago
https://en.wikipedia.org/wiki/Veblen_good https://en.wikipedia.org/wiki/Veblen_good
- brontide 7y agoHigh price doesn't necessarily indicate a Veblen good. The best case for it not being a Veblen good is that its difficult to showcase status to the people who aren't subscribers, unlike a an expensive iPhone/purse/etc.