Taegan Lion
Unlike most works that describe economics as a series of formulas and resource allocations, Veblen describes economics as the natural outcome of class warfare and an inherent desire for social recognition. This book provides a new perspective on why people buy what they buy, why many luxury items really exist, and the reasoning behind the famous economic term that bears the author’s name: Veblen good.
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Contributor: Adam Juda from TapRun Consulting
