High price doesn't necessarily indicate a Veblen good. The best case for it not ...

		brontide on Nov 7, 2019 \| parent \| context \| favorite \| on: Friended is a new social network that wants to get... High price doesn't necessarily indicate a Veblen good. The best case for it not being a Veblen good is that its difficult to showcase status to the people who aren't subscribers, unlike a an expensive iPhone/purse/etc.