How does the Veblen effect make you buy expen...

The clouds we see in the sky seem rather light, almost like absorbent cotton. However, being filled with water and ice, these gigantic suspended masses weigh - in reality - up to several tons. Don't be fooled by appearances, the clouds that float above your heads are more like an ...  عرض المزيد

Long before Magellan completed the first circumnavigation of the globe, in the 16th century, ancient Greek scientists had demonstrated, by simple observation, that the Earth was round, or rather spherical. Of course, this did not prevent some people from believing that our planet ...  عرض المزيد

Melvyn Bragg and guests discuss the most influential work of Thorstein Veblen (1857-1929). In 1899, during America’s Gilded Age, Veblen wrote The Theory of the Leisure Class as a reminder that all that glisters is not gold. He picked on traits of the waning landed class of Americ ...  عرض المزيد

Melvyn Bragg and guests discuss the most influential work of Thorstein Veblen (1857-1929). In 1899, during America’s Gilded Age, Veblen wrote The Theory of the Leisure Class as a reminder that all that glisters is not gold. He picked on traits of the waning landed class of Americ ...  عرض المزيد

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://www.iheartpodcastnetwork.comSee omnys ...  عرض المزيد

With the Christmas and the holiday season, we tend to buy a lot and consumerism is rampant. With that, I thought an episode about shopping would be timely. In this episode, we'll look at lots of great expressions and vocabulary while chatting about this topic. Click the show note ...  عرض المزيد