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Happiness and Veblen goods.

Jim Riley

13th May 2010

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This brilliant and funny TED talk from Benjamin Wallace poses the question can happiness be bought and then discusses a range of goods that surely must be Veblen goods. Great for students doing HL IB Economics and for students who want to evaluate the downward sloping demand curve. Can happiness be bought?.

Here is a possible example of a Veblen good

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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