Blog
Happiness and Veblen goods.
Jim Riley
13th May 2010
This brilliant and funny TED talk from Benjamin Wallace poses the question can happiness be bought and then discusses a range of goods that surely must be Veblen goods. Great for students doing HL IB Economics and for students who want to evaluate the downward sloping demand curve. Can happiness be bought?.
Here is a possible example of a Veblen good
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