With the original Birkin bag selling for $10 million at auction, resellers and counterfeiters are raising their Birkin bag prices.
Much more than a rectangular piece of metal, a Delaware low digit license plate can be a signal of wealth and status.
Although the number of gigayachts is multiplying, they represent the inconspicuous consumption that makes more wealth less obvious.
Throughout history, in the United States and around the world, lawn history shows us why we want greener grass.
Six facts about the economics of French bulldogs can explain why they are popular, expensive, and appeal to dognappers.
When two Chinese businessmen both want the same birds, racing pigeon prices can go sky high into the stratosphere.
Because of productivity gains from Covid-19 pool testing, the Michigan State University's 67,000 students can return to school more safely.
When Hermes combined very high prices with limited availability for its Birkin bags, it not only generated conspicuous consumption but also a problem.
While wine consumption is down among some of us, we can look at conspicuous consumption for the reason why expensive wine is more popular.
Doing little to help us win games, our video game shopping for outfits and dance moves creates some conspicuous consumption.
Comparing 2005 to 2017, we would see a spread in the geography of creative talent that could stimulate growth in stagnant U.S. regions.












