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by fragmede
837 days ago
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People enjoy their Louis Vuitton handbags, also improving their mental state. So the fact that you enjoy your lawn doesn't make it any less of a luxury good. Not faulting you for having one, we humans like our luxuries. Let's just understand that's what they are. Like BMWs and Rolexes. |
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That's not what Veblen is. A Veblen is better the higher the price, and that is not correct for lawns. A lawn doesn't get better if the cost of the lawn is higher.
A lawn is better simply for existing, which makes it a standard good.