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BrainStuff

BrainStuff

Science:Natural Sciences

How Do Wine, Cars, and Clothes Defy Economics?

How Do Wine, Cars, and Clothes Defy Economics?

2020-02-08
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With most goods and services, as their price goes up, demand goes down -- but not so with luxury items from diamonds to college educations. Learn how Veblen goods work in this episode of BrainStuff. Learn more about your ad-choices at https://news.iheart.com/podcast-advertisers
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