Although the number of gigayachts is multiplying, they represent the inconspicuous consumption that makes more wealth less obvious.
What Lawn History Says About Status
Throughout history, in the United States and around the world, lawn history shows us why we want greener grass.
Six Facts: The Economic Side of the French Bulldog
Six facts about the economics of French bulldogs can explain why they are popular, expensive, and appeal to dognappers.
The $1.9 Million Pigeon
When two Chinese businessmen both want the same birds, racing pigeon prices can go sky high into the stratosphere.
The Covid-19 Test That Does More With Less
Because of productivity gains from Covid-19 pool testing, the Michigan State University’s 67,000 students can return to school more safely.
The Pricey Purse That Created a Problem
When Hermes combined very high prices with limited availability for its Birkin bags, it not only generated conspicuous consumption but also a problem.
Why Some Wine Drinkers Are Drinking Less (And Others Are Not)
While wine consumption is down among some of us, we can look at conspicuous consumption for the reason why expensive wine is more popular.
A Virtual Version of Conspicuous Consumption
Doing little to help us win games, our video game shopping for outfits and dance moves creates some conspicuous consumption.
How the Location of Creative Talent is Changing
Comparing 2005 to 2017, we would see a spread in the geography of creative talent that could stimulate growth in stagnant U.S. regions.
The Inconspicuous Consumption That Shouts Your Wealth
The average American has access to the types of consumer goods that only the wealthy used to buy. We can purchase a pricey iPhone or watch Netflix on a massive home TV screen. We eat steak, enjoy ahi tuna, and…