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Letter: Taylor Swift concerts are 21st-century version of Veblen goods
- tocs3 2y agoFrom Wikipedia: "A Veblen good is a type of luxury good, named after American economist Thorstein Veblen, for which the demand increases as the price increases" https://en.wikipedia.org/wiki/Veblen_good#:~:text=A%20Veblen%20good%20is%20a,than%20despite%2C%20their%20high%20prices https://en.wikipedia.org/wiki/Veblen_good#:~:text=A%20Veblen....