Some suggest that it may be biological explained b
Some suggest that it may be biological explained by an increase in density of dopaminergic receptor sites of the brain in response to purposeless hedonic excitement. Economist Edward Miller has argued that a tax on its products--by definition above the level of the Lindahl equilibrium -- would increase public welfare, a hypothesis in opposition to the term's originator who believed pecuniary emulation perpetuated societal poverty. Originally coined by Thorstein Veblen, for ten points, name this behavior, the purchasing of goods based on societal pressure rather than need.
Some suggest that it may be biological explained by an increase in density of dopaminergic receptor sites of the brain in response to purposeless hedonic excitement.
{Conspicuous Consumption}