Veblen good is a good that gets more desirable as it grows in price
Discussion
Ahhhh, okay. After looking up ‘veblen good,’ it shows that term is named after an economist with that name. Very interesting. Thanks for the knowledge!
Veblen good is a good that gets more desirable as it grows in price
Ahhhh, okay. After looking up ‘veblen good,’ it shows that term is named after an economist with that name. Very interesting. Thanks for the knowledge!