This man's namesake goods differ from Giffen goods because their definition considers preference rather than demand.
This man's namesake goods differ from Giffen goods because their definition considers preference rather than demand. He discussed universities run by businessmen in The Higher Learning in America , and argued that businessmen may benefit from work that harms the community in The Theory of (*) Business Enterprise. His most famous work introduced the term "conspicuous consumption." For 10 points, name this economist who wrote The Theory of the Leisure Class.
This man's namesake goods differ from Giffen goods because their definition considers preference rather than demand.
Thorstein {Veblen}