Do everything like it means everything.
— Gradiate.
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The Veblen effect
The entry for The Veblen Effect on Wikipedia sounds like it was written about craft beer. These two bits combined in particular.
- the snob effect: preference for goods because they are different from those commonly preferred; in other words, for consumers who want to use exclusive products, price is quality;
- the bandwagon effect: preference for a good increases as the number of people buying them increases;
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danrolfejohnson reblogged this from thatis-kingcharming
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