thorstein veblen
- n United States economist who wrote about conspicuous consumption (1857-1929)
thorstein veblen :
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- Veblen Good
Named after economist Thorstein Veblen, who introduced the term "conspicuous consumption," a Veblen good is one whose demand increases as its price increases because consumers see it as an exclusive status symbol.
Feb. 24, 2014 - Investopedia