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The 125-year-old theory explaining why we want something even more when the prices go up
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The 125-year-old theory explaining why we want something even more when the prices go up
The 125-year-old theory explaining why we want something even more when the prices go up
6 September 2024
Professor Wendy Carlin (UCL Economics) explains the theory behind the increase in demand for luxury goods after their prices go up.
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