econoMAX - What would Thorstein Veblen say?

The hyped-up birth of the new Royal baby, Prince George, has brought the fashionista mums and mums-to-be out in force as they try to emulate the clothes and accessories accompanying the nation’s favourite baby and his trend-setting mother. According to a recent study by babycentre.com UK’s branch, just under half of all new mothers said they had bought more luxury items for their babies than themselves, and that on average, one third of parents had already spent over £6000 on their little bundles before they were 6 months old.

econoMAX - What would Thorstein Veblen say? from tutor2u

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