Robin Hanson

An professor of economics and a research associate at the Future of Humanity Institute of Oxford University.

Robin Hanson

An professor of economics and a research associate at the Future of Humanity Institute of Oxford University.

Conspicuous Consumption Luxury
The Elephant in The Brain – One way or another, we’re all conspicuous consumers

Does anyone really need a 10,000-square-foot house, a $30,000 Patek Philippe watch, or a $500,000 Porsche Carrera GT?

The idea that we use purchases to flaunt our wealth is known as conspicuous consumption. It’s an accusation that we buy things not so much for purely personal enjoyment as for showing off or “keeping up with the Joneses.”

Conspicuous Consumption Luxury
Demo – Quis autem vel eum iure reprehenderit

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur. Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur.