5 ms·

Yeah my Rolex helps my mental state. I can read the time with it and it is useful for deep sea diving.

• ars 3y ago
  And you can do that with a cheaper watch also. That makes in a Veblen, but a more expensive lawn is not a better lawn. So a lawn is not a Veblen.
  • fragmede 3y ago
    Having a large expansive lawn with rocky features, rare plants, water features, and fish, while being perfectly manicured attached to an estate is a way better lawn than a 12x20 green rectangle in the front of a suburban home's lot.
    • ars 3y ago
      That's the opposite of what I said. A Veblen good means the same item, if priced higher, is somehow more desirable. But you've described a more expensive lawn that is actually better, which makes it a normal good. You are simply wrong about lawns being a Veblen, and you should acknowledge that.
      • fragmede 3y ago
        A Veblen good is something for which demand goes up as it gets more expensive, not for the same item. A Rolex isn't the same as a Casio.