Veblen goods
concept
4 mentions
2 recordings
first heard Jan 2023
last heard Mar 2025
±0 vs the 6 months before
Concept where higher price increases desirability, applied to Hermes bags
Trend
No mentions in the last 6M.Widen the range to see when Veblen goods was said.
Moments
newest first · ▶ plays the momentAlex HormoziThe Game with Alex Hormozi · Throwback: Billionaire Recession Advice: Sell to the Rich | ... · 15:26 · Mar 2025
…It's where people associate their status with the purchase they made. And what an amazing position to be in. He's like, so I just raise my prices even more and people want to buy more. And so there's called Veblen goods in economics. They actually defy the supply demand curve rules because typically when you raise prices, you decrease volume.…
Pete WargentAustralian Finance Podcast · 🏠 10 most expensive suburbs in Australia | ft. Pete Warge... · 17:31 · Jan 2023
…Well, that's another example of a Veblen good.…
Pete WargentAustralian Finance Podcast · 🏠 10 most expensive suburbs in Australia | ft. Pete Warge... · 16:57 · Jan 2023
…And that just goes back to the idea of the Veblen goods.…
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